Many people marvel if business ethics is only a buzzword that has been tossed round recently, resulting from a number of the aggressive ways we have now seen them as we enter the 21st century. In an analogous vein, Thomas Donaldson of Georgetown and Thomas Dunfee of Wharton have emphasized the central function of social contracts” in devising what Donaldson calls a minimalist” versus perfectionist” view of the ethical expectations that may be placed legitimately on companies.
In the world at the moment, corporations are providing public items similar to healthcare and training (Ruggie 2004), protecting individuals’s citizenship rights (Matten & Crane 2005), and helping to create and implement programs of private regulation or mushy regulation” (Vogel 2010).
In this virtual special subject, we have now rigorously selected ten articles across four broad topical themes: African moral management and philosophies; philanthropy and social entrepreneurship and funding; organizational ethics and accountable management practices; and anti-corruption and governance.
The act also requires firms to have a code of ethics that promotes trustworthy and moral conduct, full disclosure, and compliance with governmental regulations. Do We Really Want Businesses to be Good Corporate Residents?”, Business Ethics Quarterly, 18(1): 1-26.
Business ethics is the examine of proper business insurance policies and practices regarding potentially controversial issues, equivalent to corporate governance , insider trading , bribery, discrimination, company social accountability and fiduciary obligations.