Trust, Ethics, and Real Justification
In the article, "What's a Business For?" by Chales Handy, the author discusses the importance of having integrity and virtue in business. He shows that trust is crucial, even foundational of a healthy economic market. Investors lose confidence in the company if the owners are not honest or ethical. Customers may not want to purchase products or services from a company who deals dishonestly. Employees will likely feel disgruntled if they feel they must also be shady to keep their jobs or if their employer is not ethical. Good people generally do not want to work for unethical businesses. In general, people can sense when someone is either being deceiptful, or when a company is self-serving. Investors may pull out, consumers will stop purchasing, and workers will not stick around. It reminds me of an idea that Stephen R. Covey said in "The Speed of Trust". He taught that when employers don't trust employees, the employees tend to slack off, take more time off ...