Financial Analysis for Managers Article Example | Topics and Well Written Essays - 500 words

Financial Analysis for Managers - Article ExampleHowever, the highly combative nature of todays corporate world has given rise to an essence of wrong behavior which underlies a majority of business operations in order to ensure their success. Many a times, unethical behaviour in the workplace has an immense negative impact on the organization and its employees. These effects suffer be psychological, financial, social, or even bureaucratic in nature. Financially speaking, if a company adheres to unethical means, thusly it endangers its image in the eyes of the public, and less people would be interested in dealing with the firm. These whitethorn include suppliers, financial institutions, customers and distributors. Such a trade-less condition obviously is a set-back to the revenue, and thus the value of the company. Moreover, from an intra-firm point of view, employees would have lesser faith in a company which does not deal ethically with the public, as there emerges a possibil ity of the firm using corrupt means against employees if need be someday. Not only does this encourage the existing workforce to leave the firm, it also keeps potential employees to join the firm. This proves to be disastrous for the companys overall growth and progress.