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What Is Business Ethics?

Wednesday, February 9, 2022

/ by Admin

 Business Ethics 

 Business ethics is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. The law often guides business ethics, but at other times business ethics provide a basic guideline that businesses can choose to follow to gain public approval. Key Takeaways  Business ethics refers to implementing appropriate business policies and practices with regard to arguably controversial subjects.  Some issues that come up in a discussion of ethics include corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities.  The law usually sets the tone for business ethics, providing a basic guideline that businesses can choose to follow to gain public approval. What Is a Business Valuation? A business valuation is a general process of determining the economic value of a whole business or company unit. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings. Owners will often turn to professional business evaluators for an objective estimate of the value of the business. Key Takeaways  Business valuation determines the economic value of a business or business unit. Join Our FB Group Reshep’s Career Care  Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings.  Several methods of valuing a business exist, such as looking at its market cap, earnings multipliers, or book value, among others

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