In this article we understand an approach to business ethics from the tradition of Islam “Ethics is defined as the set of moral principles that distinguish what is right from what is wrong. Islam places the highest emphasis on ethical values in all aspects of human life. Business ethics, simply limits its frame of reference
An interesting perspective on creating a Code of Ethics for Economists
I suggest you read the transcript from this year’s Gordon Osbaldeston Lecture given by Allan Gregg Gregg’s thesis can be summed up as civil society (elected officials, public servants, and citizens) need to be more authentic.His lecture “On Authenticity: How the Truth can Restore Faith in Politics and Government” provides a perspective on the relationship
“Economists have been paying increasing attention to the role that culture plays in a firm’s overall performance. This paper focuses on how trust—a key cultural factor—affects firms’ decision-making process, size, and productivity. Research was conducted by Nicholas Bloom of Stanford University, Rafaella Sadun of the Harvard Business School, and John Van Reenen of the London
According to this article from the Jerusalem Post,”Whistle-blowing is one of the most fascinating topics in business ethics. The decision to “blow the whistle” on perceived misconduct involves complex interactions of the worker’s ethical obligations to the public, to the employer and to himself. The potential whistle-blower can be a low-level or high-level employee.”
Ottawa Citizen’s Kate Heartfield’s piece on a Canada’s mining sort-of-ombudsman who’s had two cases in two years, one of which died when the mining company pulled out. “That’s what you get when you can only investigate parties who consent to be investigated.”
“Recently, the Wharton School of Business published a book called Firms of Endearment: How World Class Companies Profit from Passion and Purpose, making the strongest case I’ve seen that good ethics really is good business.”Sample the book here
A Forbes article considers the lessons to be learned from this sad episode
John Lloyd, Bruce Page and Matthew Taylor debate the current crisis in UK news media and ask: is it time to re-assert journalism’s ethical and civic purpose?
As the authors note”Altruism is a key component of a functioning society, but it is constantly in danger of being exploited. Social scientists have long sought a reasonable explanation for why altruism exists. One widely accepted assumption is that groups recognize altruistic contributions by conferring status on the generous person, whether that be through higher