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Managerial Ethics:Evidence and Analysis in the Context of Bangladesh’s Corporate Sector
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The word ‘ethics’ is still vague, but is a contemporary issue to many corporate professionals, while many organizations maintain ‘ethical credo’ in black and white. Unethical practices in developing countries like Bangladesh, have been a prevalent phenomena ubiquitously in the Government sector as if it is a bureaucratic function. However, the corporate world also has been inclined to experience unethical practices due to aggressive approach is to achievement. Its immediate impact has been reflected in managerial practices and eventually on their perceptions and values. The gap between expected standard ethical behavior and actual behavior is immense and organizational rituals, to some extents along with socioeconomic factors support unethical behavior and compel employees to practice in this manner. Hence, building awareness of ethical norms is important in sustaining managerial ethics. This paper would essentially try to identify thoughts and perceived reasons for employees ethical (unethical) behavior.
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