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Entrepreneurship and Ethics Navigating the Challenges of Ethical Business Practices in Startups

Year: 2024

Type: article

Abstract: In recent years, the entrepreneurial landscape has witnessed a surge in the establishment of startups. While these ventures bring innovation and economic growth, they also face significant ethical challenges. This study explores the complexities of maintaining ethical business practices within startups. Utilizing a normative legal research method, the research draws on various previous studies and statutory laws in Indonesia to analyze how ethical considerations are integrated into business operations. The findings reveal that while many startups strive to adhere to ethical standards, they often encounter dilemmas due to limited resources, competitive pressures, and the evolving regulatory environment. This paper aims to provide insights into the importance of ethical business practices and offers recommendations for startups to navigate these challenges effectively.

Source: Branding Jurnal Manajemen dan Bisnis

DOI: 10.15575/jb.v3i1.36581

Authors: Endang Fatmawati, Mohammad Abdul Mukhyi, Agus Leonard Togatorop, Wilson Marpaung, Ahmad Muhajir

Institutions: Diponegoro University, Gunadarma University, Universitas Sangga Buana YPKP, Sunan Gunung Djati State Islamic University Bandung

Language: English

Topic: Ethics in Business and Education

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W4401646428

FWCI: 1.814

Cites:

Cited by: 5

Related to: 10