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What is Business Ethics?
| Is Business Ethics an Oxymoron? |
| 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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