Development of Ethical Business: An Islamic Framework

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14KW2

Development of Ethical Business: An Islamic Framework

Md. Hafij Ullah
Md. Hafij Ullah International Islamic University Chittagong
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Abstract

Ethical business attempts to establish justice to all of its stakeholders by satisfying their ethical desires. But lack of ethical desires of the stakeholders is a major hindrance to developing an ethical business. In a larger-scale-enterprise, owner, management, and accountant play vital role in initiating, establishing, and ensuring ethical guidelines for all of its stakeholders. In the way to ethical business development, one or two of these three parties are not able to ensure justice independently rather needs a mutual cooperation

Development of Ethical Business: An Islamic Framework

Ethical business attempts to establish justice to all of its stakeholders by satisfying their ethical desires. But lack of ethical desires of the stakeholders is a major hindrance to developing an ethical business. In a larger-scale-enterprise, owner, management, and accountant play vital role in initiating, establishing, and ensuring ethical guidelines for all of its stakeholders. In the way to ethical business development, one or two of these three parties are not able to ensure justice independently rather needs a mutual cooperation

Md. Hafij Ullah
Md. Hafij Ullah International Islamic University Chittagong

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Md. Hafij Ullah. 2014. “. Global Journal of Management and Business Research – A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A1): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR Volume 14 Issue A1
Pg. 55- 60
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Development of Ethical Business: An Islamic Framework

Md. Hafij Ullah
Md. Hafij Ullah International Islamic University Chittagong

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