Abstract

There are three working theses formulated and proved in the paper. First, business ethics as a science not wishful thinking, encounters the following, impossible to overcome, difficulties: Lack of a precise definition of business ethics, Ethical relativism, Strong competition on national, international, and global market, Shareholders’ interests vs. social responsibility of a company, Objective (based on scientific laws) limitations of business ethics, Ethical codes vs. the rules of a company, labour and employment legislation. Second, the author claims that a company cannot be treated as an ethical education institution. This kind of education should begin in a family, kindergartens, and schools. The issues of business ethics should be included into ethical education in above mentioned places. (e.g. negotiation, to keep one’s promise, to keep on schedule etc.) Third, the issue of business ethics (ethical codes) should not be restricted to a company only. It should be put into the context of sector, national, multinational, and global market.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.