MANAGERIAL DECISIONS – ETHICAL OR LACK OF ETHICS BEHAVIOR?

Managers take decisions which, by their application, can generate effects and consequences on their members, on the organization and on society. Ethical standards can lead to benefits for different managers, depending on their attitude towards them. Ethical standards are active filters, which are designed to monitor and determine those actions which are in accordance with ethical conduct of managers. In the management literature can be found many “guidebooks” for ethical behavior that managers can use in decision making process which they have to face daily, not only economic but also social.