The Impact of Business Ethics on Medical Companies' Financial Performance

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dc.authorwosidDerin, Neslihan/L-5676-2019
dc.contributor.authorDerin, Neslihan
dc.date.accessioned2024-08-04T21:02:04Z
dc.date.available2024-08-04T21:02:04Z
dc.date.issued2017
dc.departmentİnönü Üniversitesien_US
dc.description.abstractCompanies look at ethical business practices as only adding to costs and consider these practices as a factor that constrains profitability. This view indicates ethics and profit to be inversely related. A more positive view, however, is the positive correlation of an organization's ethical behaviors and activities with resultant profits. In fact, having an image associated with ethical business activities can be the source of a major competitive advantage. High business-ethics standards can contribute to profitability by reducing the cost of business transactions. In light of this view, the study analyzes the relationship of companies' understanding of business ethics with their financial performance. The study is on the following issue: What is the nature of the relationship of medical company owners' and their partners' understanding of business ethics in Malatya, Turkey with their financial performance? Data has been collected from the owners and partners of medical companies operating in Malatya using a questionnaire. As a result of correlation and regression analyses, we have found the relationship between job ethics and financial performance to be very low and negative (r = -286) and the firms' understanding of business ethics to have little explanatory power over the impact on companies' financial performance.en_US
dc.identifier.doi10.12711/tjbe.2017.10.2.0003
dc.identifier.endpage221en_US
dc.identifier.issn1308-4070
dc.identifier.issn2149-8148
dc.identifier.issue2en_US
dc.identifier.startpage216en_US
dc.identifier.urihttps://doi.org/10.12711/tjbe.2017.10.2.0003
dc.identifier.urihttps://hdl.handle.net/11616/104449
dc.identifier.volume10en_US
dc.identifier.wosWOS:000424545400002en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherIgiad-Turkish Entrepreneurship & Business Ethics Assocen_US
dc.relation.ispartofTurkish Journal of Business Ethicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectBusiness ethicsen_US
dc.subjectFinancial performanceen_US
dc.subjectMedical companyen_US
dc.subjectEthics understandingen_US
dc.subjectOccupational ethicsen_US
dc.titleThe Impact of Business Ethics on Medical Companies' Financial Performanceen_US
dc.typeArticleen_US

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