PRINCIPLES OF BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY IN BUSINESS DEVELOPMENT

In connection with the development of business relations in modern times, taking an objective approach to the events occurring in the work environment and observing the principles of human rights protection is considered one of the most important factors in the direction of business development. So, business subjects should have a pragmatic, modern economic thinking in their activities, but also develop the ethics of business relations and protect the ethical values of business management. It would be a naive approach to imagine effective business management in a globalized world without personnel with high ethical standards. Currently, there are many problems in the field of business management in Azerbaijan. One of them is that the application of elements of business ethics and corporate social responsibility in the work environment are not at a desired level. It is for this reason that in recent years, expanding reforms in the direction of increasing corporate social responsibility and further strengthening the fight against corruption for the development of business and the formation of a healthy competitive environment in Azerbaijan has been considered as one of the priority issues. The main goal here is to improve the competitive environment in business, to create conditions for the application of business ethics and social responsibility principles in the work process based on a working mechanism. All these mentioned issues characterize how important it is to follow the principles of ethical behavior and corporate social responsibility in the business environment in terms of business development.