Enron, World Com & other recent debacles subsequently gave birth to the ethics consulting industry.
Necessity for managers & leaders to behave ethically, foster holistic approach in decision making.
Ethics is the systematic study of voluntary actions which make up everyday conduct and behaviors of Human Beings.It can be descriptive or normative.
Promotion of ethics in business :-
"Ethics in business is considered as a oxymoron in corporate culture today. However like association of Holy Ganges with Great Himalayas, which perennially feeds Ganges and kept it flowing since time immemorial, ethics in business and spirituality in day to day life are the distinct sources of sustainable development. "