Ethics and business : evidence from Sikh religion

Abstract

In recent years especially after the global crisis of 2008 there has been an awakening that ethics has an important role to play in business practices. This is mainly because of the sub-prime crisis in the US where a large number of businesses failed, and along with the US economy, rest of the world also suffered a financial crisis. The US economy has not been able to recover completely after more than five years now, and the global economy continues to splutter, reflecting the seriousness of the crisis. In addition, in Europe as well as many other countries there have been numerous cases of scandals and scams in the last few years