IMPERATIVE OF BUSINESS ETHICS AND ORGANIZATIONAL SURVIVAL

Abstract

Survival is very crucial at this period of business turbulence. Organizations strive for survival and continuity, while seeking relevance and key positions in the industry. Over the years the term ethics in organizational survival has long been associated with management scholars and business leaders around the world. This study which was based was based on previous literature examined and highlighted the importance of business ethics in organizational survival. Business ethics in this paper was measured in the dimensions of integrity, work attitude and self-discipline. The paper anchored on stakeholder theory by Freeman (1984). It was stated that business ethics have positive impact in the reduction of fraud cases, corruption, theft and mismanagement of fund by employee and corporate adherence to rules and regulations is insignificant in relation to organizational survival, though the relationship is positive which means that if organizations are align with the adoption of business ethics it may lead to corporate growth. Based on this it was recommended that organizations should develop and promote business ethics, and the need for the cellular communication companies operating in Jordan to identify ethical policies and distribute them across the company, and the training of staff to enhance their ability to cope with the difficult ethical problems.