CHAPTER 1

Business Ethics and Rational Policies

Business ethics is a fertile field for philosophical investigation with many dimensions as a result of systematic evaluation of norms and values. Ethics and moral policies are solid instruments that can enhance the survival of a corporation or lead to its failure. It is argued that the failure in ethical leadership has been because of the preoccupation with self and humanistic thinking on autonomy (Knights and O’Learyn 2005). At the same time, it is suggested that many managers are poorly prepared to deal with success, and that a strategic direction is never “set” (Ludwig and Longenecker 1993). Hence, answering whether an action or policy is fair enough for each affected entity, thus moral-ready ...

Get Business Ethics and Rational Corporate Policies now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.