Ethical Considerations in Contracts

Introduction: Contract drafting should not be examined only from a legal perspective. Ethical considerations should also be considered in contracts. The purpose of the present study is to examine ethical considerations in contracts (specifically, contracting agreement in the field of urban construction), which was written using an analytical-descriptive method based on reliable data. Material and Methods: The present study is a review of articles, books, and ethical charters in the field of contracts. To achieve the goal, articles and books in this field were reviewed. Conclusion: Given the high volume of working capital in the industry and construction sector, as well as the complex relationships between contractors, executors, consultants, and other natural and legal persons involved in the implementation of industrial and construction projects, there is a need for contracts that clearly and specifically define the subject, obligations and duties of the parties, the amount and time of project completion, and other important matters. This transparency reduces insoluble disputes and dissatisfaction. Research results show that many decisions, behaviors, and performance of managers and employees in organizations are influenced by their ethical values. This makes ethical behaviors have a significant impact on productivity, improved communications, and risk reduction in organizations. Therefore, paying attention to ethical principles is an inevitable necessity for organizations.