Business Ethics and Organizational Culture Essay - 2

Business Ethics and Organizational Culture - Essay Example The article stipulates that the organization theory along with the concepts of business ethics usually reflects on the organization of man’s cooperative activities and how they should actually be organized. However, the article suggests that the probable symbiosis that exists between the fields of business ethics along with organization cultures has not yet been fully identified. The article does provide a brief summary of organizational theories for the purpose of providing non professionals in the field of business ethics with appropriate information on the running of business. This article additionally provides information concerning the four research subjects that are applicable in the organizational culture field along with the business ethics one. It also offers several diverse theoretical perspectives on the business ethics along with organizational culture fields (Heugens & Scherer, 2010). Finally, the article also explores what organizational theories have to offer to the field of business ethics along with what could be the potential boundaries of this contribution. The author provides an upbeat description of the relationship that exists between these two fields while insisting that the latent symbiosis that exists between them is inspiring and enormous. It is relevant to business ethics since to the employees of an organization; their management utilizes them in setting the firm’s tone along with their general working environments. This is done by helping to state their professional rights along with private rights within an organization. They also greatly assist in determining how employees should behave in the course of performing their duties. In addition, they also help in ensuring that the working environments are safe while making the organizations work schedules to be fair and thoughtful of their welfare. This article states that when the management of an organization fails to uphold the employee’s ethical rights,

INTERNATION FINANCIAL MARKETS Essay Example | Topics and Well Written Essays - 2500 words

INTERNATION FINANCIAL MARKETS - Essay Example nternational financial markets would lead to improvement in the economies of developing, less developed countries, and it would automatically enhance stability among developed countries. The major benefit accruing from international financial markets is more financial interconnection among different nations of world. It can also lead to a deeper integration of developing economies with the international financial markets. Especially the developing economies would be able to revamp and develop their financial system with the introduction of more complete, deeper, stable and better-regulated domestic financial markets because of their affiliation to international financial markets. Levine, (2001) suggests a better functioning financial system with more credit is likely to lead to faster economic growth. Apart from direct growth benefits, development of international financial markets is likely to result in other collateral benefits like promotion of the development of domestic financial sector and imposing disciplines on the macroeconomic policies of the governments. It also leads to generation of more efficiency by encouraging competition and results in enhanced corporate governance and functioning of better governments. Since these benefits occur over a longer period, it is usual that the costs of globalization are detected more easily. The collateral long-term benefits of international financial markets can be traced through equity inflow and increased foreign direct investments into the domestic financial markets. However, it is difficult to identify the benefits of international financial markets, which enhance the productivity through empirical studies. An analysis of structural, institutional and macroeconomic policies across the country leading to growth of GDP or productiv ity would prove the benefits resulting from international financial markets. At the micro level, the positive impact of international financial markets can be felt in the capital account