THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW
Ethics was a significant aspect based on violation of the central manager. A moral hazard situation happens when an individual has a bigger tendency to take risks caused by the individual potential that appears to bear the risks. Many scandals involving accountants have appeared in headlines within...
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Universitas Muhammadiyah Surakarta
2023
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author | Ismail, Andy Dwi Purnomo, Hendri Dwi Arifin, Muhammad Avia Difaputra, Syavergio Runing Sawitri, Hunik Sri |
author_facet | Ismail, Andy Dwi Purnomo, Hendri Dwi Arifin, Muhammad Avia Difaputra, Syavergio Runing Sawitri, Hunik Sri |
author_sort | Ismail, Andy |
collection | OJS |
description | Ethics was a significant aspect based on violation of the central manager. A moral hazard situation happens when an individual has a bigger tendency to take risks caused by the individual potential that appears to bear the risks. Many scandals involving accountants have appeared in headlines within these few weeks since they lost their morals, some reasons that made the corporates critical to obey norms and certain ethical standards. This scandal has increased scepticism for those who were already critical of their professional work and ethical integrity. In recent decades, moral hazard has become a hot and crucial issue in corporations, especially in Indonesia. This research method is a qualitative type with a descriptive phenomenological approach and literature review. The results of the study concluded, in running business activity, a company should avoid negative activities by practising appropriate business ethics and good corporate governance. |
format | UMS Journal (OJS) |
id | oai:ojs2.journals2.ums.ac.id:article-2594 |
institution | Universitas Muhammadiyah Surakarta |
language | eng |
publishDate | 2023 |
publisher | Universitas Muhammadiyah Surakarta |
record_format | ojs |
spelling | oai:ojs2.journals2.ums.ac.id:article-2594 THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW Ismail, Andy Dwi Purnomo, Hendri Dwi Arifin, Muhammad Avia Difaputra, Syavergio Runing Sawitri, Hunik Sri etika moral hazard corporate governance business moral Ethics was a significant aspect based on violation of the central manager. A moral hazard situation happens when an individual has a bigger tendency to take risks caused by the individual potential that appears to bear the risks. Many scandals involving accountants have appeared in headlines within these few weeks since they lost their morals, some reasons that made the corporates critical to obey norms and certain ethical standards. This scandal has increased scepticism for those who were already critical of their professional work and ethical integrity. In recent decades, moral hazard has become a hot and crucial issue in corporations, especially in Indonesia. This research method is a qualitative type with a descriptive phenomenological approach and literature review. The results of the study concluded, in running business activity, a company should avoid negative activities by practising appropriate business ethics and good corporate governance. Universitas Muhammadiyah Surakarta 2023-10-02 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article application/pdf text/xml https://journals2.ums.ac.id/index.php/profetika/article/view/2594 10.23917/profetika.v24i02.2594 Profetika: Jurnal Studi Islam; Vol. 24 No. 02 (2023): Profetika Jurnal Studi Islam 2023; 269-276 2541-4534 1411-0881 eng https://journals2.ums.ac.id/index.php/profetika/article/view/2594/1159 https://journals2.ums.ac.id/index.php/profetika/article/view/2594/1510 Copyright (c) 2023 Andy Ismail, Hendri Dwi Dwi Purnomo, Muhammad Arifin, Syavergio Avia Difaputra, Hunik Sri Runing Sawitri https://creativecommons.org/licenses/by/4.0 |
spellingShingle | etika moral hazard corporate governance business moral Ismail, Andy Dwi Purnomo, Hendri Dwi Arifin, Muhammad Avia Difaputra, Syavergio Runing Sawitri, Hunik Sri THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title | THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title_full | THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title_fullStr | THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title_full_unstemmed | THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title_short | THE EFFECTS OF ETHICS ON MORAL HAZARD IN BUSINESS MANAGEMENT MODERATED BY CORPORATE GOVERNANCE: A LITERATURE REVIEW |
title_sort | effects of ethics on moral hazard in business management moderated by corporate governance a literature review |
topic | etika moral hazard corporate governance business moral |
topic_facet | etika moral hazard corporate governance business moral |
url | https://journals2.ums.ac.id/index.php/profetika/article/view/2594 |
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