Does Business Ethics Pay: Ethics and Financial Performance. This item is unavailable.Does Business Ethics Pay: Ethics and Financial Performance

This research report by Simon Webley and Elise More provides evidence to company chairmen and Chief Executive Officers as well as the general public, that conducting business with integrity and fairness are not only morally right, but are also worthwhile. The performance of a sample from FTSE 350 companies with an available code of ethics was compared to a similar sample of those without. Four financial measures were used and the data covered the period 1997-2001. The annual list of Britain's Most Admired Companies and the SERM socio/ethical risk reduction rating were also used in the research.

Behaving ethically is what you do because it is the right thing to do. Nevertheless, 'does business ethics pay?' is an important question. The public perception of business behaviour is consistently low, fuelled as it is by high profile examples of unethical and illegal conduct. This report provides evidence that conducting business with integrity and fairness are not only morally right but also worthwhile.