This morning, I read about a company using on-line auctions to defraud customers. Business etiquette is formed under the influence of certain traditions and the prevailing historical conditions of the country. By using a pre-written template or manual, many companies have found it easier to develop their business ethics program. As with certain cases of political CSR, we may applaud the results of this kind of political activity.
Academic programming in ethics and values-based business across the entire school – from undergraduate and graduate curriculum to executive education. Ethical theory, including virtue theory and Kantian deontology, is useful for thinking about how individuals should relate to each other in the context of business (cf.
It is important to realize that a resolution of the debate between shareholder and stakeholder theorists (however we conceive of the latter) will not resolve all or even most of the ethical questions in business. Develop more effective methods for making up their minds about moral issues in business.
We encourage any team member with concerns or questions about the code of ethics and business conduct to discuss directly with their supervisor. Business ethicists sometimes concern themselves with the activities of non-profit organizations, but more commonly focus on for-profit organizations.
The business executive has a special obligation to owners, but it is not grounded in libertarian principles. The responsibility for the consequences is often shared between these two roles, though there is some argument over the degree to which responsibility applies.