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Does Business Ethics Pay? was launched at
the IBE on Thursday 3rd April, by Sir Paul Judge. You can
read his speech here. The publication
was covered on the day with a
news story and a feature
by Alison Maitland in the Financial Times, together with follow
up articles in the
Observer and the
Financial Times.
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 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.
Publication date: 3rd April 2003 Price £25
ISBN 0 9539517 3 1
Click here for an order leaflet
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Click here to view the executive
summary
Click here to view the press release
Click here for other publications
by the IBE
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