Greenspan is realistic on the possibility of business ethics since it is believed that "people can change for the better and become ambassadors of good behavior."
Greenspan is optimistic about the potential of business ethics, and there is proof of the observable success and increased productivity of businesses that adopt or uphold business ethics as guiding principles in their daily operations.
The outcomes are evident when a company's employees and staff are very confident in one another. Additionally, companies do not operate in a vacuum; rather, they are a part of a community, whose members they must take into account.
Corporate values like loyalty and trust also make it possible for businesses to work together to boost profitability. Therefore, when management ethics are included in an organization's core values, both the business entity and society benefit.
Corporate ethics is a type of applied or professional ethics that looks at moral or ethical issues that could come up in a business setting. It is important to the actions of both individuals and entire companies and is applicable to all facets of business behavior.
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