Business Ethics and Corporate Governance, Second Edition

HOW ARE MORAL STANDARDS FORMED?

There are some moral standards that many of us share in our conduct in society. These moral standards are influenced by a variety of factors such as the moral principles we accept as part of our upbringing, values passed on to us through heritage and legacy, the religious values that we have imbibed from childhood, the values that were showcased during the period of our education, the behaviour pattern of those who are around us, the explicit and implicit standards of our culture, our life experiences and more importantly, our critical reflections on these experiences. Moral standards concern behaviour which is very closely linked to human well-being. These standards also take priority over non-moral standards, ...