Business ethics and organizational changes - The Case of Serbia

Abstract

This paper examines the level of awareness of managers in Serbia about the importance of respecting and applying ethical standards when implementing organizational changes in companies, i.e, business entities. There were 100 respondents that participated in the research, i.e. managers of private companies established after 2003. This research shows the ethical behavior of managers in modern economic and business opportunities in Serbia. It has been found that managers in Serbia are not fully aware of the importance and significance of business ethics for running a business. The research has shown that there are significant differences among managers in the understanding of ethical standards in organizational changes, when viewed through the prism of sex, age, education, as well as the position that managers occupy in the managerial structure of a business entity.