scholarly journals Algunas consideraciones sobre la ética en el mercado

2007 ◽  
pp. 29 ◽  
Author(s):  
Montserrat Díaz Méndez ◽  
Pablo Gutiérrez Rodríguez ◽  
José Luis Vázquez Burguete
Keyword(s):  
Business Ethics ◽  
Corporate Responsibility ◽  
Listed Companies ◽  
Economic Importance ◽  
Specific Aspect ◽  
Ethical Behaviour ◽  
Control Mechanisms ◽  
Ethical Business ◽  
Direct Benefit ◽  
Voluntary Character

La desconfianza generalizada hacia los dirigentes empresariales refuerza la importancia de la ética en la empresa, tanto en el ámbito meramente teórico-académico cuanto en la aplicación práctica de determinados principios morales a las actividades mercantiles. La responsabilidad social corporativa o empresarial es una concreción de la ética consistente en la asunción voluntaria por parte de las empresas de determinados comportamientos que implican una serie de obligaciones en su ámbito interno y externo. Se discute la necesidad o no de establecer por ley el contenido de la responsabilidad social corporativa y, por tanto, exigir su cumplimiento.Mantener su carácter voluntario no significa que el Estado no pueda establecer unas directrices claras sobre la dimensión social de las empresas, así como su implicación en la sociedad en la que viven y las ventajas para aquellas empresas que lo respeten. Los códigos éticos son un intento normativizador de la ética, que suponen un beneficio para el estado, ya que no se ve obligado a tener que producir normas de derecho positivo y crear sus correspondientes mecanismos de control de conflictos. Por su importancia económica, una especial atención ha merecido la regulación ética de las sociedades cotizadas. En cualquier caso, hay que concienciar de la necesidad de un comportamiento ético basado en la bondad y la justicia, partiendo de que quien actúa éticamente lo hace por convencimiento.<br /><br />The general distrust towards top management decisions has reinforced/ stressed the importance of business ethics. Social Corporate Responsibility (SCR) is an specific aspect of ethics. It implies the voluntary assumption of certain behaviours and values which may involve several obligations for the company that will affect it as a whole. Nowadays, there exists a discussion about the need of whether establishing or not a law on the content of fulfillment. In this sense, it is important to consider that keeping its voluntary character does not mean that government cannot establish some directives on social commitment.Ethical codes are an attempt to rule business ethics and imply a direct benefit for government since it avoids the obligation of producing laws and developing control mechanisms. Also, due to the economic importance of stock-listed companies, this paper pays an special attention to their ethical behaviour. As a general conclusion, we remark the idea of concerning society about the need of an ethical business behaviour based on goodness and justice values.

scholarly journals Ethical business practices in the Eastern Cape automotive industry

2014 ◽  
Vol 17 (5) ◽  
pp. 569-583 ◽  
Author(s):  
Hendrik Lloyd ◽  
Michelle Mey ◽  
Koman Ramalingum
Keyword(s):  
Business Ethics ◽  
Automotive Industry ◽  
Code Of Ethics ◽  
Business Environment ◽  
Ethical Behaviour ◽  
Business Practices ◽  
Eastern Cape ◽  
Online Questionnaire ◽  
Ethical Business ◽  
Ethics Research

High profile scandals have brought about a renewed interest in business ethics and, in particular, inunderstanding the factors that promote ethical behaviour. Business ethics is about identifying andimplementing values, rules and standards of conduct for guiding morally right behaviour in an organisation’sinteraction with its stakeholders. Against this background a quantitative analysis of the ethical practices of46 companies operating in the Eastern Cape automotive industry was conducted to determine the extent towhich ethics-related interventions contributed to establishing and maintaining an ethical organisationalenvironment. A structured online questionnaire was used to collect the data. The data collected wassubjected to extensive statistical analyses, including Cronbach Alpha coefficients and item total correlations,and various descriptive statistics were included as a quantitative summary of the data. A constant referencevalue for the study was also calculated to allow inferences regarding the significance of the tested variablesto the study. The results revealed that the organisations in the sample are highly ethical due to the presenceof ethics-related interventions, including a code of ethics, committed leadership, adherence to internal andexternal governance requirements, compliance with legislation and encouragement and disclosure ofunethical behaviour. In light of the high number of ethical scandals internationally, this study will add to theempirical body of business ethics research, as it provides organisations with a framework to establish andmaintain an ethical business environment.

scholarly journals Implementing business ethics in large British organisations

1995 ◽  
Vol 26 (1) ◽  
pp. 1-6
Author(s):  
Russell Abratt ◽  
Nicola Higgs
Keyword(s):  
Business Ethics ◽  
Codes Of Conduct ◽  
Codes Of Ethics ◽  
Business Practice ◽  
Ethical Behaviour ◽  
Ethical Business ◽  
Business Policies ◽  
A Company

Much attention has been paid to ethics in the realm of business where i't is believed that a company should focus not only on the development of ethical business policies, but the implementation thereof as well. While ethical behaviour in business has been accepted, the implementation of ethical policies is proving to be difficult. In this article we firstly review the business ethics implementation literature with a particular focus on codes of conduct. We then present results from a study of British companies, commenting on methods of fostering ethical behaviour, the use of formal codes of ethics, management's involvement in implementation, and the effectiveness of codes of business practice. The results show that large British organisations are becoming more ethically aware, but still have some way to go in implementing ethical policies.

scholarly journals Theological Eastern Orthodox Teachings and Ethical Business Practice for the 21st Century

2021 ◽  
Author(s):  
Angelo Nicolaides
Keyword(s):  
Business Ethics ◽  
21St Century ◽  
Moral Realism ◽  
Ethical Issues ◽  
Human Life ◽  
Eastern Orthodox ◽  
Ethical Behaviour ◽  
Ethical Business ◽  
Ethical Vision ◽  
Distinct Field

What constitutes ‘good’ or ethical behaviour in business is a debatable issue in the increasingly modernistic profit-driven and materialistic world of the 21st Century. This article addresses this pertinent issue by examining the viewpoint of Orthodoxy as it relates to business ethics and ethics in general. It is argued that ethics as a distinct field of study cannot be found in the tradition of the Orthodox Church. What are the pitfalls of modernism when it comes to ethical issues in business as it is evident that modernism and Christianity diverge considerably. It is further argued that theology can undoubtedly make a distinguishing contribution to business ethics practice. Viewed through a moral realism lens, Orthodoxy communicates that any ethical vision is inseparable from and ultimately grounded in an Orthodox understanding of the Trinitarian Godhead. Viewed teleologically, the objective of human life is Theosis which commences in physical existence and continues into eternity in a spiritual sense. The limitations of the present study, as well as the areas of prospective research, have been taken into consideration. The paper nonetheless attempts to propose a tentative way of thinking about business ethics epitomising the implication of Orthodoxy for right business conduct.

scholarly journals Business Ethics Decision-Making: Examining Partial Reflective Awareness

2021 ◽  
Vol 13 (5) ◽  
pp. 2635
Author(s):  
Marli Gonan Božac ◽  
Katarina Kostelić ◽  
Morena Paulišić ◽  
Charles G. Smith
Keyword(s):  
Decision Making ◽  
Business Ethics ◽  
Ethical Decision Making ◽  
Field Research ◽  
Assessment Process ◽  
Ethical Business ◽  
Reflective Awareness ◽  
Ethical Choices ◽  
Available Information ◽  
Context Characteristics

The aim of this research was to examine partial reflective awareness in ethical business choices in Croatia. The ethical decision-making is interlinked with sustainable practices, but it is also its prerequisite. Thus, better understanding of business ethics decision-making provides a basis for designing and implementing sustainability in a corporate setting. The research was done on student populations who will soon carry important roles and make important decisions for individuals, organizations, and society. The field research was conducted using Kohlberg’s scenarios. The results reveal that the process of decision-making goes through the lenses of respondents’ own preferred ethics. However, the reflective awareness of respondents’ preferred ethics is skewed and regularities in that deviations point out to the relevance of the context characteristics and arousal factors. In addition, the individuals do not use all available information in the assessment process. The revealed partial reflective awareness contributes to explanation of why people have problems with justifying their choices. As there are many examples of unethical behavior in the environment that remain unpunished, it is necessary to raise awareness of the issue. Improvement in reflective awareness would contribute to more sustainable ethical choices and reveal a possibility of an intervention design within the higher education framework.

On Social Psychology, Business Ethics, and Corporate Governance

2000 ◽  
Vol 10 (3) ◽  
pp. 725-733 ◽  
Author(s):  
Timothy L. Fort
Keyword(s):  
Social Psychology ◽  
Corporate Governance ◽  
Business Ethics ◽  
Virtue Ethics ◽  
Corporate Law ◽  
Human Beings ◽  
Ethical Business ◽  
Large Numbers ◽  
Large Corporations ◽  
Business Behavior

Abstract:This paper is a response to a recent colloquy among Professors David Messick, Donna Wold, and Edwin Harman. I defend Messick’s naturalist methodology, which suggests that people inherently categorize others and act altruistically toward certain people in a given person’s in-group. This paper suggests that an anthropological reason for this grouping tendency is a limited human neural ability to process large numbers of relationships. But because human beings also have the ability to modify, to some extent, their nature, corporate law can organize small mediating institutions within large corporations in order to take ethical advantage of this grouping tendency. Within a corporate law taking seriously a mediating institution’s formulation of business communities, a virtue ethics approach can be integrated with a naturalist approach in a way that fosters ethical business behavior while mitigating the dangers of ingrouping tendencies.

scholarly journals Business Ethics and Ethics Education in American Business Programs

Competitio ◽  
2008 ◽  
Vol 7 (2) ◽  
pp. 195-200
Author(s):  
John D. Keiser
Keyword(s):  
Business Ethics ◽  
Ethics Education ◽  
Business Students ◽  
Jel Classification ◽  
American Business ◽  
Business Practices ◽  
Teaching Ethics ◽  
Ethical Business ◽  
Business Programs ◽  
The Difference

This essay presents an overview of what American business programs cover in their curricula regarding ethics and the reasons behind teaching ethics-related material to business students. Topics for the paperinclude; requirements for having ethics in the curricula, broad perspectives of what constitutes ethical business practices, and the difference between professional ethics and business ethics. Journal of Economic Literature (JEL) classification: M14, A20

Corporate responsibility for employees and service innovation performance in manufacturing transformation

2019 ◽  
Vol 24 (6) ◽  
pp. 580-595 ◽  
Author(s):  
Lan Li ◽  
Gang Li ◽  
Shui F. Chan
Keyword(s):  
Social Exchange ◽  
Corporate Responsibility ◽  
Control Mechanism ◽  
Service Innovation ◽  
Innovation Performance ◽  
Control Mechanisms ◽  
Content Type ◽  
Difficult Time ◽  
The Impact ◽  
The Relationship

Purpose The purpose of this paper is to examine, within a context of manufacturing transformation, whether corporate responsibility for employees (CRE) promotes the service innovation performance (SIP) of the firm; whether this effect is mediated by employee innovative behavior (EIB), and how two control mechanisms (process-control (PC) and outcome-control mechanism) moderate the relationship. Design/methodology/approach Drawing on social exchange and control mechanism theory, this paper establishes a conceptual model and adopts a hierarchical regression analysis to examine the model with a sample of 110 manufacturing firms from China. Findings The study finds that CRE positively affects SIP. EIB mediates such effect. Output-control weakens the effect of CRE on EIB, and PC does not impact on the relationship. Practical implications The findings suggest that, facing tremendous pressure in manufacturing transformation, firms must be cautious in treating their employees. Given that EIB is crucial to improving the SIP, and in turn to meet the ever upgrading customer demands, firms ought to actively take responsibilities to protect employees’ interests, and cautiously adopt control mechanisms. Thus employees could be motivated to involve in service innovation actively. This effect not only benefits employees with a sustainable career but also help the firm survive in this tough transformation period. Originality/value This study is one of the first (if any) research that examining the impact of CRE on SIP and EIB. The findings are an extension of the existing research, and show the explanation potential of corporate social responsibility on EIB and SIP in a difficult time such as manufacturing transformation.

scholarly journals Do Business Ethics and Ethical Decision Making Still Matter: Perspective of Different Generational Cohorts

2020 ◽  
Vol 11 (1) ◽  
pp. 31-43 ◽  
Author(s):  
Igor Klopotan ◽  
Ana Aleksić ◽  
Nikolina Vinković
Keyword(s):  
Decision Making ◽  
Business Ethics ◽  
Generational Differences ◽  
Ethical Decision ◽  
Ethical Decision Making ◽  
Ethical Issues ◽  
Business Environment ◽  
Ethical Behaviour ◽  
Ethical Values ◽  
Generation Z

AbstractBackground: Research in business ethics shows that individual differences can influence one’s ethical behaviour. In addition, variability in attitudes towards ethical issues among different generations is emphasized. Still, results are inconclusive and call for an additional examination of possible generational differences with regard to ethics and ethical values.Objectives: Our objective is to test if the perception of the importance of business ethics, attitudes towards ethical issues and aspects influencing ethical behaviour, differ among the four generations currently present in the workforce.Methods/Approach: Theoretical implications are empirically tested on a sample of 107 individuals, members of Baby Boomers, Generation X, Millennials and Generation Z.Results: In general, the results indicate that there are little or no generational differences related to the analysed aspects of business ethics. The significant difference is present only in the importance given to factors that influence ethical decision-making: (i) formal rules and procedures, (ii) performance management system and (iii) job pressures, between the members of Generation Z and older generations.Conclusions: In spite of employee diversity, ethics continues to present an important aspect of the business environment. Thus, organizations need to be oriented towards creating ethical leaders and a positive ethical climate that ensures that ethical values and behaviours are present throughout the organization.

Principles and Practices for Corporate Responsibility

2010 ◽  
Vol 20 (4) ◽  
pp. 695-701 ◽  
Author(s):  
Patricia H. Werhane
Keyword(s):  
Business Ethics ◽  
Corporate Responsibility ◽  
Multinational Enterprises ◽  
Transnational Corporations ◽  
Global Market ◽  
Market Place ◽  
Global Business

ABSTRACT:The first issue of Business Ethics Quarterly was launched in 1991. At that time there were few general principles that could serve as guidelines for global business. However, since 1991 a plethora of such principles have been developed to serve as guidelines and evaluative mechanisms for global corporate responsibilities. But operationalizing these principles in practice has been a challenge for most transnational corporations and even for smaller, more local enterprises. This is because, in some cases, the principles ask too much of companies. In other cases, the principles are ambiguous. And in still other cases, the principles, written by and large from a Western, rights-based perspective, cannot be operationalized in some cultural or religious settings. In this paper I will outline a series of dilemmas multinational enterprises face in the global market place, even when they sincerely sign on to one or another set of principles. These problems are not insurmountable, but in the imperfect world of commerce, require that our expectations of corporate responsibilities be satisficing rather than absolutist.

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