n Professional Accountant - Can SMEs afford to be ethical? : ethics

Volume 2014, Issue 21
  • ISSN : 1680-7537


The value of entrepreneurs and small and medium sized enterprises (SMEs) is widely recognised in terms of the contribution this sector makes to the economy and to job creation. Accordingly, much attention is being focused on how to promote SMEs, as reflected by the government's announcement in Parliament in February 2014 to boost its support for SMEs by R6.5bn over the next three years. Given the growing importance of this sector, it warrants asking how ethics fares for small businesses and whether ethics is less relevant for small-scale operations.

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