How can a lack of business ethics negatively affect theperformance of an economy? Give an example.
Expert Answer
Lack of business ethics negativelyaffect the performance of an economy in many ways. Business ethicsmay lead the economic growth.some times lack of ethics leads tofraudulent conduct in power, Involving bribery etc. That meansleads to deception. That badly affect the overall economic growthof the country and capital market. It create economic crisis.
One of main example is Russia. Thereis no doubt deception is major problem for business in Russia. InRussia Business ethics are not efficiently done . That lack ofethics influence the economy
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured