BNET Business Dictionary

Business Definition for: Business Ethics

  • a system of moral principles applied in the commercial world. Business ethics provide guidelines for acceptable behavior by organizations in both their strategy formulation and day-to-day operations. An ethical approach is becoming necessary both for corporate success and a positive corporate image. Following pressure from consumers for more ethical and responsible business practices, many organizations are choosing to make a public commitment to ethical business by formulating codes of conduct and operating principles. In doing so, they must translate into action the concepts of personal and corporate accountability, corporate giving, corporate governance, and whistleblowing.
  • Also known as Morality In Business

Additional Resources

Using Great Literature to Teach Business Ethics
Using Great Literature to Teach Business EthicsUsing Great Literature to Teach Business EthicsEvery school should incorporate Business Ethics as its core curriculum. Every course should have intertwined within its network of books, scenarios, simulations, some facet of ethical training. It is not enough to provide a class specifically designed to...
Tags: business ethics, ethics, leadership, Teach Business Ethics
Discussion threads 2007-11-22
Business Ethics Integral to Corporate Strategy, says Stanford's Malhotra
Professor Neil Malhotra of the Stanford GSB focuses on business ethics and non-market strategy. Last week, we discussed the increased emphasis on ethics training within Stanford's curriculum. Today, we'll talk about what kind of approaches will be most effective in driving home the importance of ethics...
Tags: Strategy, Ethics, Business School Student, Business Ethics, Leadership, Management, Jeremy Dann
Blog posts 2009-07-01
Ethics of Beauty: L'Oreal Funds Business Ethics Program
L'Oreal is sponsoring a new master's degree program in "law and business ethics" at the University of Cergy-Pontoise in France, according to a recent posting in EthicsWorld. According the the post, the international cosmetics giant has developed the new graduate degree course in association with France's ESSEC...
Tags: Ethics, L'Oreal, Business Ethics, Leadership, Management, Michael Mattis
Blog posts 2008-10-22
Ethics of Beauty: L'Oreal Funds Business Ethics Program
Ethics of Beauty: L'Oreal Funds Business Ethics ProgramRE: Ethics of Beauty: L'Oreal Funds Business Ethics ProgramThis is analogous to the "enriched" flour used in white bread. It wouldn't need to be enriched if all the nutrients hadn't been stripped out to make it unnaturally soft and white.Women wouldn't need to...
Tags: Leadership, business ethics, L'Oreal, ethics, L'Oreal Funds Business Ethics Program
Discussion threads 2008-10-23
How to Teach Business Ethics, Unethically
If business ethics can be taught - and I have yet to read a convincing argument that they cannot - how should such an important lesson be taught? In business school, perhaps? That would seem to make a whole lot of sense. Business schools seem to be...
Tags: Lindsay Blakely, Management, Leadership, MBA, Business Ethics, Business School
Blog posts 2008-07-09
Business Ethics Round-Up on BNET and Beyond
Business Ethics Round-Up on BNET and BeyondRE: Business Ethics Round-Up on BNET and BeyondMichael, A few points on the ethics post. Massey Energy is in a business that by its very nature is very dirty and dangerous. Deep mining coal produces lots of waste...
Tags: Leadership, Massey Energy, Business Ethics Round-Up, business ethics
Discussion threads 2008-08-22
Preparing Managers To Conduct Business Ethics Training
From the executive summary: ‘The failure to prepare managers for conducting a business ethics training is unfair to both trainers and participants. It also diverges from the ethics message that a company is attempting to convey to its employees. Instead of regarding manager-trainers as a means to deliver training, companies...
Tags: Training, Ethics, Business Ethics, Leadership, Management
White papers 2003-07-01
Health Care Organizational Ethics: Building On Clinical And Business Ethics
From the executive summary: ‘The health care industry, both profit and non-profit, is no stranger to ethical lapses and even spectacular scandals. After all, the health care industry is subject to the same stresses and strains as other businesses. But, society expects better of its health care institutions; they should...
Tags: Health Care, Ethics, Vertical Industries, Benefits, Business Ethics, Healthcare, Enterprise Software, Software, Human Resources, Leadership, Management
White papers 2003-10-03
The Center for Business Ethics at Bentley College, Celebrates 30 Years
WALTHAM, Mass. -- Bentley College celebrates the 30th anniversary of the Center for Business Ethics CBE, honoring three decades of business ethics education and research. Led by W. Michael Hoffman, founder and executive director, the CBE has made significant contributions to the advancement of the business ethics movement, providing expertise...
Tags: Bentley College, business ethics
Research articles 2006-12-12
Schools for scandal. (courses on business ethics at universities)
IS BUSINESS ethics a real subject? To judge by the increasing interest in the fledgling discipline it is. Harvard Business School is still deliberating what to do with its $20m gift for teaching ethics from Mr John Shad, a former chairman of America's Securities and Exchange...
Tags: ethics, Harvard Business School, Leadership
Research articles 1988-01-09
Markkula Center for Applied Ethics Hosts Conference on Business Ethics in a Global World
SANTA CLARA, Calif. -- Two of the world's fastest growing economies -- China and India -- will be the focus of the Markkula Center for Applied Ethics' fourth biennial business ethics conference, titled "Business Ethics in a Global World: China, India, and Beyond." The conference, which will be March 8...
Tags: California, China, conference, ethics, India, Leadership, Santa Clara University
Research articles 2007-03-05
Business Ethics
Ethics, essentially, consist of a set of moral guidelines towards conductance of an appropriate behavior. Such behavior conforms to professional standards of conduct. The corporate code of ethics consists of a set of moral principles and values that govern the behavior of the organization with respect to what is right...
Tags: Operationalization, Iowa State University, Ethics, Business Ethics, Leadership, Management
Presentations 2003-01-01
Business Ethics
Business ethics consists of a set of moral principles and values that govern the behavior of the organization with respect to what is right and what is wrong. It provides a framework on which the organization could be legally governed. The employees have to inculcate ethical reasoning for the operationalization...
Tags: Thomson Corp., Ethics, Business Ethics, Leadership, Management
Presentations 2003-01-01
Confucian Business Ethics and the Economy
Confucian ethics as applied to the study of business ethics often relate to the micro consideration of personal ethics and the character of a virtuous person. Actually, Confucius and his school have much to say about the morals of the public administration and the market institutions in a more macro...
Tags: Knowledge, Ethics, University Of Hong Kong, Business Ethics, Strategy, Leadership, Management
White papers 2002-04-01
Don't take it personally: GM shuts down freebies. (General Motors Corp.'s new business ethics policy)
Automaker's ethics policy jars suppliers With the debut of a new business ethics policy, General Motors Corp. has raised anxiety levels for employees and suppliers alike - and not just because they've lost some perks. The policy, adopted in the springAutomaker's ethics policy jars suppliers ...
Tags: business ethics, General Motors Corp., supplier
Research articles 1996-08-12
Business Ethics Round-Up on BNET and Beyond
Seems like this has been a veritable ethics week on BNET and on our sister pub, TechRepublic. This morning our lady in London, Jessica Stillman, posted in BNET1 about a study recently published in Stanford's KnowledgeBase, which argues that people's ethics are highly influenced by their environment....
Tags: Ethics, Stanford, Peter Galuszka, Business Ethics, Leadership, Management, Michael Mattis
Blog posts 2008-08-21
World Bank, World Business Council launch partnership to promote business ethics.
M2 PRESSWIRE-1 February 2000-WORLD BANK: World Bank, World Business Council launch partnership to promote business ethics C1994-2000 M2 COMMUNICATIONS LTD RDATE:31012000 DAVOS -- The World Bank and the World Business Council for Sustainable Development WBCSD unveiled a joint initiative today...
Tags: FINANCE, Leadership, partnership, World Bank
Research articles 2000-02-01
Does Higher Education Make the Grade in Institution-Wide Ethics? National Survey Conducted by Bentley College's Center for Business Ethics Reveals Unexpected Results.
Byline: Bentley College WALTHAM, Mass., Sept. 23 AScribe Newswire -- Bentley's Center for Business Ethics has conducted a first-of-its-kind national survey of how four-year colleges and universities manage ethics and compliance across their institutions - uncovering surprising trends. With over 450 schools responding,...
Tags: Bentley College, compliance, ethics, Leadership, survey
Research articles 2004-09-23
B-School Buzz: Business Ethics, Curriculum Changes at Chicago Booth and More
Stacy Blackman's Weekly Roundup of B-School Intelligence 'Business ethics'...oxymoronic or no? -- R. Edward Freeman, director of the Olsson Center for Applied Ethics at Virginia’s Darden School of Business, had a lot to say about the state of business ethics today in Emily Badger's recent piece for...
Tags: MBA, Student, Stacy Blackman, Business Ethics, Leadership, Management
Blog posts 2009-03-13
Business Ethics: A Manual for Managing a Responsible Business Enterprise in Emerging Market Economies
This paper is intended to aid enterprises in designing and implementing a business ethics program that meets emerging global standards of responsible business conduct. Owners and managers can explore the substantial body of global standards, procedures, and expectations described here. They can adopt or adapt them on a sector-by-sector and...
Tags: Emerging Market, Standards, Enterprise, Business Ethics, Leadership, Management
White papers 2004-07-12
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