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To what extent is there a responsibility on the part of business people to act ethically - Essay Example

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Globalisation has driven many corporations to undertake changes that will enable them in creating their niche and becoming globally competitive in the global market economy. In the context of change, one transformation that has altered the contemporary face of corporations is…
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To what extent is there a responsibility on the part of business people to act ethically
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Extract of sample "To what extent is there a responsibility on the part of business people to act ethically"

Download file to see previous pages Nevertheless, the idea of ethics in business has gained momentum and until now much effort is being invested in turning business ethical (eg. Maclagan, 2008; Zolsnia, 2006).
In lieu with this, the paper intends to address the question, to what extent is there a responsibility on the part of business people to act ethically? In order to answer this question, the electronic databases Academic Research Premier and Business Search Premier were searched using a combination of the following key terms: business ethics, social responsibility, and organization. Articles written only in English and published from the period of 1990 till 2008 were selected. Articles that provided an analysis of ethics and social responsibility in connection with business were included in the selection. Correspondingly, excluded in the selection were editorials, case studies, commentaries, mimeographs, and pamphlets. The reference list of the articles was searched to identify additional relevant publications.
Moreover, it should be noted that the question that will be answered in this paper already has certain assumptions embedded within in the question itself. These assumptions are: first, business people are already expected to act ethically and as such, the necessity of clarifying the ‘extent’ of their responsibility becomes a little urgent. Second, the question also assumes that acting ethically falls within the concept of responsibility attributed to business people. This particular assumption has been criticised on the premise that as scholars in business and organizations continue to assume that acting ethically is a responsibility of business people and business, they fail to provide a clear conceptual analysis of the concept of responsibility (Comite, 2008). Thus, a vague appreciation of the connection between responsibility and acting ethically in ...Download file to see next pagesRead More
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