Financial Control in Presence of Uncontrollable External Factors and Ethical Issues: A Comprehensive Study on Adaptive Strategies and Moral Responsibility

Authors

  • Ahmad Bin Husain Universiti Malaya (UM), Malaysia Author

Abstract

In a business world full of uncertainty, financial control is an important element to maintain the stability and sustainability of the organization. However, major challenges arise when this control must deal with uncontrollable factors, such as market competition, natural disasters, or changes in government policy. This uncertainty requires financial management to be adaptive while still upholding ethical principles in decision making. This article discusses financial control strategies in dealing with unpredictable external factors and the role of ethics in maintaining the integrity and accountability of financial decisions. By using the literature study method, namely by reviewing written sources such as scientific journals and reference books, this study reveals that the application of ethical principles such as transparency, integrity, and accountability can help organizations maintain stakeholder trust amid external and internal pressures. The results of the study emphasize the importance of adaptive capabilities in risk management with a commitment to ethical values to ensure the sustainability of the organization in the long term. Thus, financial control is not only a tool to achieve operational efficiency but also a foundation for business reputation and sustainability.

References

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Published

2025-08-20

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Section

Articles

How to Cite

Financial Control in Presence of Uncontrollable External Factors and Ethical Issues: A Comprehensive Study on Adaptive Strategies and Moral Responsibility. (2025). International Journal of Applied Economics, Banking and Management, 1(1), 19-28. https://ejournalarsypersada.com/index.php/economics/article/view/37