By Laura J. Spence, Mollie Painter-Morland (auth.), Laura Spence, Mollie Painter-Morland (eds.)
This booklet is the 1st of its style – an international evaluate of extant examine on ethics in small and medium sized businesses. whereas massive quantities of company cash, govt coverage and media time are directed on the social and moral actions of enormous enterprises, small companies don’t commonly allure the highlight. this is often wildly irrelevant, despite the fact that, in view that upward of ninety% of non-public companies are small or medium sized. This booklet is going a way to aiding us comprehend the social and moral contribution of this majority organizational shape. the 1st component to the publication is a world round-up of analysis on ethics in small and medium sized organisations from significant areas of the area. within the moment part smaller scale study tasks from a number of international locations current either empirical and theoretical advances within the sector. a person with an curiosity in ethics and small and medium sized businesses may still locate this an inspiring booklet which paves the way in which for destiny research.
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Additional info for Ethics in Small and Medium Sized Enterprises: A Global Commentary
Both trust and respect are central to sustainability. Respondents made multiple references to the relationships between ethics (specifically being straight in business), a concern for long-term relationships and sustainable business practices. It is clear that these more long-term concerns do not seem to figure as strongly as they should in the relational dynamics in which SMEs find themselves. It seems that SMEs find themselves in contaminating or debilitating relationships, which often overshadow the enabling relationships with stakeholders that could support the propensity towards ethical responsiveness amongst SMEs.
Painter-Morland and K. Dobie issues and practices in African SMEs and the impacts of these on the SMEs, their stakeholders, and their sustainability. We looked specifically at the role that relationships between SMEs and their stakeholders play in enabling or foreclosing the possibility of ethical business practices. We gathered our data primarily through a series of qualitative interviews with intermediaries dealing with SMEs. From our analysis of these interviews we highlight certain themes and assess them from a perspective focusing on relationships with various role-players and stakeholders.
Within SMEs, it becomes clear that sustainability is totally reliant on the way in which ethical relationships with various internal and external stakeholders can be fostered over time. The practical implications of the notion of ‘Integrated Sustainability’ mentioned in the King II Report (IoD, 2002) becomes clear when one takes into consideration that the ethical challenges SMEs face have everything to do with the fact that they operate within enabling, conditioning and contaminating relationships.