Abstract:
The growing importance of corporate governance is increasingly realized throughout the world, particularly in the rapidly changing international business scenario. The global ethical and governance scandals have placed corporations under intense scrutiny regarding their accountability. The ongoing trends ask for a system of checks and balances. Business ethics in this regard is an issue of great concern to businessmen and scholars. This paper attempts to examine the ethical practices and unethical practices in the small business organizations which they set In order to face the complexities encountered in turbulent waves of market. The study reveals the differential status of ethical practices varying by the form of ownership, type of industry and the business experience of the organizations.
