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Precepts of Business Ethics on the Romanian Market

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Regulations and Applications of Ethics in Business Practice

Abstract

The present book chapter firstly tackles general characteristics and key concepts of business ethics, defined as the theory of right conduct in the business environment. Business ethics is also scrutinized within the dynamics of the tax game between contributors and tax authorities, where only tax compliance may be qualified as genuine ethical behavior. As it unravels, the book chapter focuses on the ethical precepts guiding institutions and businesses that activate within the public and private economic sectors in Romania. Namely, it discusses the ethics codes of professional accountants, fiscal civil servants and banking sector employees, all categories being expected to act following common precepts like confidentiality, integrity, transparency, nondiscrimination and professionalism. Besides theoretical considerations on the Romanian business ethics guidelines, the chapter includes a brief literature review of the studies performed by academic researchers and international organizations on Romanian consumers, employees, students, Western managers and economic entities activating in Romania. Among these, the study conducted by Transparency International Romania (TI-RO) in 2011 on 631 companies is the most noticeable. According to their results, businesses in Romania still have to make considerable efforts in the process of institutionalizing ethics.

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Acknowledgements

This work was supported by a grant of the Babes-Bolyai University through the Grants for Young Researchers Program, project no. GTC 31780/01.04.2016.

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  1. Babes-Bolyai University, Cluj-Napoca, Romania

    Larissa Batrancea, Anca Nichita & Ioan Batrancea

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  1. Larissa Batrancea
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  2. Anca Nichita
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  3. Ioan Batrancea
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Correspondence to Larissa Batrancea .

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  1. SOAS, University of London, London, United Kingdom

    Jing Bian

  2. Trakya University, Edirne, Turkey

    Kıymet Tunca Çalıyurt

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Batrancea, L., Nichita, A., Batrancea, I. (2018). Precepts of Business Ethics on the Romanian Market. In: Bian, J., Çalıyurt, K. (eds) Regulations and Applications of Ethics in Business Practice. Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application. Springer, Singapore. https://doi.org/10.1007/978-981-10-8062-3_13

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