| Home

Overview


Original Research

A STUDY ON THE IMPORTANCE OF TRANSPARENCY FOR A COMPANY'S STRONG CORPORATE ETHICS

TAN SENG TECK

Vol 18, No 04 ( 2023 )   |  DOI: 10.17605/OSF.IO/7BVWF   |   Author Affiliation: INTI International University, Malaysia.   |   Licensing: CC 4.0   |   Pg no: 1877-1887   |   Published on: 29-04-2023

Abstract

This study looks into how important it is to be transparency in business dealings. It makes an effort to recognise and identify transparency's position as a guide to ethics in modern business organisations. Businesses would benefit the country's economy if they practiced ethics by being open and honest with their dealings with the public. Descriptive study is used in this study. Data is collected from 307 managers, executive and others. According to this study, if strong corporate ethics were to be put into effect, it would be best if they were guided by transparency. Trust, integrity, and good judgement were all found to require it as an informative process. Businesses value transparency because of its many advantages, including its ability to build trust, motivate workers to devote themselves fully to the company's mission, boost output and creativity. Findings suggest that strong business ethics in business with a focus on the importance of transparency, and some suggestions for moving forward in this direction.


Keywords

Transparency, Creativity, Trust, Integrity