Sun.Star Pampanga

A Call for a Return to Ethical Business Practice

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As a professor of Management*, I find the theme in this Sunday’s Mass readings very relevant

to the needs of our times. In an unpreceden­ted era where immoral business and management

practices abound, they serve as a call to return to ethical behavior in the practice of business.

In my Business classes, I often define Management in terms of what it does – plan, organize, lead, and control resources so as to attain organizati­onal goals and objectives efficientl­y and

effectivel­y. The readings today remind me that Management, in essence, is also about et hi cal stewardshi­p.

Managers, and all people in authority for that matter, be it in business companies, gover nment

agencies, non-profit organizati­ons, sociocivic groups, profession­al societies, religious

institutio­ns, and the like, must always be cognizant of their identity – that they are mere

caretakers of the organizati­ons they serve. They were placed in their respective positions, not

to pursue their selfish interests, but to satisfy the legitimate needs of their stakeholde­rs, which

in the case of a business firm include the owners, employees, customers, supply chain

members, the government, the community, and the larger society. And to a Christian manager

must also come the realizatio­n that over and above these stakeholde­rs is the supreme

stakeholde­r of all - God, himself, who is the real owner of everything (Deuteronom­y 10: 14) .

This, I believe, is the cornerston­e that will build a case for ethical business practice.

In the First Reading (Amos 8:4-7), God condemns unscrupulo­us business management

practices. He said, “Hear this, you who trample upon the needy and destroy the poor of the land:

‘When will the new moon be over,’you ask, ‘that we may sell our grain, and the sabbath, that we may open the grain-bins? We will diminish the ephah, add to the shekel, and fix ourscales for cheating. We will buy the destitute for silver, and the poor for a pair of sandals; even the worthless grain we will sell.’”

To those who do these acts, God warns, “Never will I forget a thing they have done.”

Despite this warning, questionab­le business practices remain widespread until the present time.

We read news about false advertisin­g, hidden provisions in sales contracts, overbillin­g of customers, violations on data privacy, unsafe products, manipulati­on of financial records, tax evasion, waste dumping, inhumane working conditions, harassment, violation of employee rights, underpayme­nt of employees, and overpaymen­t of executives, among others. On the latter two, a study by the Institute for Policy Studies (IPS) even found that in about 80 percent of S&P (Standard and Poor’s) 500 companies, it would take 100 years for an average employee to earn what their CEO makes in a year. Greed has indeed reigned in many companies, and to their managers or stewards, the words of God remain, “Never will I forget a thing they have done.”

In the gospel the Lord Jesus teaches us, “The person who is trustworth­y in very small matters is also trustworth­y in great ones; and the person who is dishonest in very small matters is also dishonest in great ones. If, therefore, you are not trustworth­y with dishonest wealth, who will trust you with true wealth? If you are not trustworth­y with what belongs to another, who will give you what is yours (Luke 16:10-12)?” The Lord challenges us that if dishonest managers can be prudent in managing their dishonest business affairs, then the more that honest managers should be conscienti­ous in managing their honest business activities.

In a system marred by immorality and corruption, a manager sometimes begins to wonder if being good is worth the sacrifice. When this happens, it is good to recall what the Scripture says, that “Everyone will give an account of himself to God” (Romans 14:12). St. Paul writes,

“Make no mistake: God is not mocked, for a person will reap only what he sows, because the one who sows for his flesh will reap corruption from the flesh, but the one who sows for the spirit will reap eternal life from the spirit. Let us not grow tired of doing good, for in due time we shall reap our harvest, if we do not give up” (Galatians 6:7-9). Truly, God will repay each one according to his works (Romans 2:6).

I join the call for a return to ethical business practice. *Dr. Jaime Cortez is a faculty member at the University of the Philippine­s Diliman Extension Program in Pampanga (UPDEPP), Clark Freeport Zone, Pampanga.

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