Responsibilities of OSPs from a Business Ethics Point of View

Author(s):  
Christoph Luetge
2019 ◽  
Vol 3 (3) ◽  
pp. 25-38
Author(s):  
Lívia Benita Kiss

Ethics has existed in religion and philosophy for thousands of years and has been applied to business activities in the same way ethical values and norms have been applied to everyday life. This article summarizes the arguments and counterarguments within the scientific discussion on the study of business ethics as the form of applied ethics, which studies morals, ethical principles and problems in the business environment. The main goal of the study is to analyze business ethics from the point of view of integration of general morals and ethical norms to business, a combination of key signs of the right (good) or wrong behavior while doing business, determined on the basis of expected behavior approved by the society. The study of the role of business ethics in the corporate sector of the economy allowed to determine the most general principles of business ethics, namely awareness, caring, compliance, consideration, fairness, honesty, implementation, integrity, integration, loyalty, responsibility, and trustworthiness. The methodological basis of the research is analytical, statistical and comparative methods based on the use of Google Trends. In general, in Google Books, the use of the term business ethics shows an exponential trend. The findings show that the highest search frequency of business ethics is in the “all” category, after that in the “business and industry” category, then in the “science” category, finally in the “law and government” category. On average, the highest interest frequency was in 2004 in all examined categories. The author has proved that a third-degree polynomial downward trend can be fitted to each time series. The analysis of this concept on a geographical basis showed that the interest frequency of the principles of business ethics was most significant in South and Central East Africa, in South and Southeast Asia, over and above in the Caribbean. Keywords: business ethics, principles of business ethics, Google Trends, Google Books Ngram Viewer, time series analysis.


Author(s):  
Carmina S. Nunes ◽  
Ana Estima ◽  
Judite Manso

The purpose of this chapter is to offer a new perspective on how business ethics, and more specifically ethical marketing, can be integrated into ethical education and the teaching of good practices, providing answers for different organizational ethical questions. The authors argue that ethical marketing currently plays a pivotal role in organizations, making it necessary to properly address issues from a moral point of view. Referring to elements related to the marketing area, such as the market itself, costumers, products, promotion, price, place, etc., the authors demonstrate that ethics and its purpose can add value to any organization. The sphere of ethical marketing has had extraordinary visibility, especially throughout the last decades, probably because of how they relate to the four marketing-mix P's. The authors argue that it is crucial to have a solid understanding of the significance of these principles.


2003 ◽  
Vol 13 (3) ◽  
pp. 265-270 ◽  
Author(s):  
John R. Boatright ◽  
Jeffrey Peterson

This special issue of Business Ethics Quarterly on ethics in finance was planned before the high profile scandals at Enron, WorldCom, Global Crossing, Tyco, and Arthur Andersen, among other firms. Although these unfortunate events make this special issue especially timely, the subject matter of finance ethics has long been in need of scholarly attention. It is ironic that business ethics as an academic field owes its existence in part to the insider trading and junk bond scandals of the 1980s, and yet business ethics scholars have devoted comparatively little attention to financial topics. Now that another wave of ethical failures in finance is upon us, it is appropriate to present this collection of the best work on finance ethics.From a theoretical point of view, finance is a unique field for ethical exploration. The central activity of finance is financial contracting, in which parties make agreements with regard to the assets that they control. An individual who rents a home, leases a car, buys an insurance policy, invests in a mutual fund, or saves for retirement is entering into a contract with someone who promises something in return. In making these contracts, individuals are assumed by finance theorists to be entirely self-interested and opportunistic, which is to say that they will renege on their promises if they can do so safely. The response of rational contractors, therefore, is to build in safeguards to ensure compliance with the agreements made.


ruffin_darden ◽  
1998 ◽  
Vol 1 ◽  
pp. 149-172 ◽  
Author(s):  
David M. Messick ◽  

In this article, I want to draw attention to one strand ofthe complex web of processes that are involved when people group others, including themselves, into social categories. I will focus on the tendency to treat members of one's own group more favorably than nonmembers, a tendency that has been called ingroup favoritism. The structure of the article has three parts. First I will offer anevolutionary argument as to why ingroup favoritism, or something very much like it, is required by theories of the evolution of altruism. I will then review some of the basic social psychological research findings dealing with social categorization generally, and ingroup favoritism specifically. Finally, I will examine two problems in business ethics from the point of view of ingroup favoritism to suggest ways in which social psychological principles and findings may be mobilized to help solve problems of racial or gender discrimination in business contexts.


2016 ◽  
Vol 2 (1) ◽  
pp. 7 ◽  
Author(s):  
Ghislaine Gallenga

This article deals with epistemological thoughts about business ethics. My intention is to consider business ethics as a research subject in anthropology and not to judge the relevance of the morality or ethics: in other words, the integration of activities in a “common good” category. The article examines the philosophical ground of this notion and explores whether business ethics is related to this philosophical background. While, from an anthropological point of view, it is better to draw a value judgment from the notion of “business ethics” (applicability, truthfulness, intentionality, and so on), the argument presented here is that it is better to consider “business ethics” as a category of work management at the meeting point between theory and practice, and to observe in situ how this notion is used, articulated and circulated in the daily life of a workplace.


1998 ◽  
Vol 8 (S1) ◽  
pp. 179-185
Author(s):  
Edwin M. Hartman

In attacking utilitarianism Bernard Williams1 likes to consider the case of the man who has a choice of saving his wife or a stranger from drowning. Williams takes it as clear, and a problem for consequentialism, that the man has a moral obligation to save his wife. The relationship is a good thing without reference to consequences that one might suppose it requires if it is to be valuable.David Messick suggests a consequentialist view of certain relationships—for example, those that create a limited altruism—that have survival value. Some kin relationships are like that; and insofar as they are, there is something to be said for them from a utilitarian point of view. Messick does not rest there, as his primary concern is fairness, but he does seem to hold that there is a utilitarian basis for valuing families and family ties. One need not be a sociobiologist to learn something about practical morality from the facts Messick adduces.


1994 ◽  
Vol 4 (3) ◽  
pp. 287-290 ◽  
Author(s):  
Patricia H. Werhane

Readers of Business Ethics Quarterly will be grateful to Professor Hartman for this very fine paper. He has, at last, advanced the dialogue on organizations. Instead of the usual attack on Peter French, et al., Hartman has introduced the notion of the commons as a heuristic device to get at the moral dimension (or lack thereof) or organizations. And unlike much of what goes on in business ethics, he has avoided the usual utilitarian/deontology/Rawlsian approaches. Instead he has depended on work of Frankfurt and Aristotle to introduce the notions of second-order desires, virtue, and community, all of which, at the very least, enriches the notion of an organization and the scope of its moral point of view.I cannot respond to all the arguments in the paper, and I found myself surprisingly in agreement with much of it. However, agreement is not one of the virtues of a commentator. So I shall comment on two points: first on what I shall label Hartman’s communitarian approach, and second, on the notions of exit, voice, and loyalty.In response to what is sometimes called “individualism” in ethics which, Hartman alleges, takes “time-honored moral principles as foundational and try[s] to figure out what communal or organizational arrangements best encourage people to treat one another according to them,” Hartman argues that a more propitious approach in organizational ethics is to “try to say something about what a good community looks like, and then see how a good community requires people to treat each other.” It turns out that a good community is, minimally, one in which “the commons is preserved, and [where] there is enough consensus that people are able to have extended conversations about morality from which moral progress may emerge.”


2019 ◽  
pp. 67-92
Author(s):  
Abul Khayr Md Yunus

Business ethics is one of the important branches of applied ethics. Many thinkers including ethicists, economists, academicians and philosophers have tried to explore necessary principles, standards, rules and regulations for business-related issues. Islam, a major religion of the world, has prescribed, from its very inception, necessary rules and principles for every aspect of life including business and commerce-related dealings. This paper explores Islamic concepts of business, its principles, rules and regulations. From the Islamic point of view, this paper shows that business is not merely a job of profit-making, but also an ibadah (worship). Moreover, it claims that Islamic business ethics is not only concerned with moral soundness of business persons, but also closely connected with the salvation of man. Philosophy and Progress, Vol#61-62; No#1-2; Jan-Dec 2017 P 67-92


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