| Ethics: |
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The word ethics refers to many things:
a code of rules, a set of principles one lives by, or the study of
what is right or wrong. |
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| Why should a corporation be moral? |
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- Because usually it is in its interest.
- Because morality is in the interest of the corporate community
in general.
- Because each individual corporation agreed to behave morally.
- Because to renege on its agreement and yet expect others to
keep theirs is unfair.
- Because to agree to a set of rules to govern behavior and then
to violate those rules secretly is inconsistent.
- Because to agree to a condition where business and business
persons may break the rules if they can get away with it is to
undermine the environment necessary for business.
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Norman E. Bowie and Ronald
F. Duska, Business Ethics, Second Edition
(Englewood Cliffs, N.J.: Prentice Hall, 1990), p. 3, p.114. |
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