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Corporate Governance and the Practice of Business Ethics in Slovenia
Authors:Jernej Belak
Institution:1. Faculty of Economics and Business Maribor, University of Maribor, Razlagova 14, 2000, Maribor, Slovenia
Abstract:This article contributes both quantitatively and qualitatively to the discussion on implementation of business ethics, as a basic background of social responsibility leading to systemic behaviour. In the frame of business ethics the ethical core values, culture, ethical climate, informal, and formal measures of business ethics implementation is addressed. The article is also aimed to improve understanding of importance of (ethical) corporate governance, key stakeholders’ influence on the enterprise’s core values, culture, the ethical climate, and informal and formal measures of business ethics implementation as the constitutional elements of enterprise ethical behaviour. The article briefs important cognitions of various empirical researches on business ethics in the case of Slovenian enterprises. The business ethics strongly relates to, and matters in, achieving more enterprises’ social responsibility and humankind’s well-being.
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