Business ethics and what does business ethics has to do with human Speech or Presentation

Business ethics and what does business ethics has to do with human resource management - Speech or Presentation Example The main point in these regards is that while businesses have a responsibility to their shareholders, if they adopt poor ethical standards their shareholders will suffer because of them in the long run. In terms of negative impact that arises from poor ethical standards, it’s believed that even as poor human resource ethics may contribute to securing short term goals, in the long term it is more profitable and better for survival for businesses to adopt ethical responsibility. For human resource management, in adopting ethical responsibility, a business creates a positive environment wherein employees and business partners feel a general sense of fairness and loyalty has taken hold. These elements of trust are essential inputs in creating a strong and motivated workforce that will ultimately contribute to company goals. References ‘Center for Business Education’ Aspen Institute. http://www.aspencbe.org/ ‘Do Businesses Have Ethical Obligations Beyond what the Law and Shareholders Require’ Ethics. http://www.ethics.org/erc-in-the-news/do-businesses- have-ethical-obligations-beyond-what-law-and-shareholders-require