What are the ethical issues in the Philippine economy?
The rapid growth and liberalization of the economy, coupled with the inequitable distribution of wealth, the destruction of the environment and corruption are the main ethical concerns.
Businesspersons and the academe endeavor to find creative solutions for these unique challenges..
What are the ethical standards in the Philippines?
Public officials and employees shall at all times be accountable to the people and shall discharge their duties with utmost responsibility, integrity, competence, and loyalty, act with patriotism and justice, lead modest lives, and uphold public interest over personal interest..
What company in the Philippines has ethical issues?
MANILA, Philippines – Jollibee Food Corporation, Dole Philippines Inc, and Philippine Long Distance Telephone Corporation (PLDT) are among the top companies flagged as employing illegal contracting practices..
What do you think is the biggest challenge of business ethics in the Philippines?
Bribery.
This is the most common dilemma for Filipino businessmen.
The common excuse is government corruption, but the biggest sources of bribery are businessmen.
Bribery distorts market mechanisms, creates unfair competitive advantage and leads to inefficient allocation of national resources..
What is business ethics in the Philippines?
Business ethics in the Philippines is highly embedded on the country's geography, demographics, culture and history.
The country generally follows Catholic-based ethical practices (86% of the total population are Roman Catholics), as influenced by the 300-year Spanish invasion strategy.Oct 13, 2017.
What is code of ethics in the Philippines?
Public officials and employees must act with justness and sincerity and shall not discriminate against anyone.
They shall respect the rights of others, and shall refrain from doing acts contrary to law, good morals, good customs, public policy, public order, public safety and public interest..
What is the Philippines Republic Act RA 6713?
An act establishing a code of conduct and ethical standards for public officials and employees, to uphold the time-honored principle of public office being a public trust, granting incentives and rewards for exemplary service, enumerating prohibited acts and transactions and providing penalties for violations thereof .
What is the work ethic law in the Philippines?
employees must at all times be accountable to the people, serve them with utmost responsibility, integrity, loyalty, and efficiency, act with patriotism and justice, and lead modest lives.
Ethical standards for public service should be clear..
- Bribery.
This is the most common dilemma for Filipino businessmen.
The common excuse is government corruption, but the biggest sources of bribery are businessmen.
Bribery distorts market mechanisms, creates unfair competitive advantage and leads to inefficient allocation of national resources. - Public officials and employees must act with justness and sincerity and shall not discriminate against anyone.
They shall respect the rights of others, and shall refrain from doing acts contrary to law, good morals, good customs, public policy, public order, public safety and public interest. - The rapid growth and liberalization of the economy, coupled with the inequitable distribution of wealth, the destruction of the environment and corruption are the main ethical concerns.
Businesspersons and the academe endeavor to find creative solutions for these unique challenges. - To be an embodiment of the values that every local enterprise should uphold, every Filipino business leader must be an exemplar of five particular traits: empathy, humility, curiosity, passion, and servant leadership.