African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4094

Review

Integral management approach: Business ethics and tax accounting as important enterprise success factors

Jernej Belak* and Lidija Hauptman
Faculty of Economics and Business, University of Maribor, Razlagova ul. 14, SI – 2000 Maribor, Slovenia.
Email: [email protected]

  •  Accepted: 08 November 2011
  •  Published: 30 December 2011

Abstract

 

Modern enterprise ethical behaviour demands conscious and positive attitude towards the planning of enterprise core values, culture, ethics, norms, and climate in a way that stimulates such tax accounting, which will importantly influence enterprise’s long-term development and success. This way, the enterprises’ policies will be more social oriented with reflection of their ecological and social role in the environment of their functioning. Consequently, the enterprises with a high level of social awareness will not tend to minimize tax liability in their business operations since they will perceive the payment of taxes as a compensation for the provision of greater prosperity and quality of the society - meaning for the higher level of our wellbeing.

 

Key words: Integral management, business ethics, corporate governance, tax accounting.