Business

Ethics
An Introduction

J. Oloba Z.
+256-785552288
 Slide Outline
 Course outline
 Defining business ethics
 Origin of business ethics

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 Course Outline
 Comparison of business objectives versus
stakeholder desires

 Examination of traditional business methods of

data research and decision making techniques

 Business in the Bible

 Reliability, risk and uncertainty; Legal

considerations

 Business matrix models as a basis for decision-

making

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 Course Outline
 Approaches of the theorists; distributive justice

 Corporate governance versus pressure groups

 Evaluation of the usefulness of environmental

audits and social responsibility

 Consideration of merits of whistle-blowing in

cases of malpractice

 Practical examples of business approaches to

ethics. Analyzing a set of case studies to form a
solution to varying ethical problems

 Emerging business ethics issues

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  Slavery

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 Defining Business Ethics
 Business ethics is part of the philosophy of
economics, the branch of philosophy that deals
with the philosophical, political,
and ethical underpinnings of business
and economics.

 Christoph Luetge (2013)

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 Defining Business Ethics
 Business ethics is the accepted set of moral
values and corporate standards of conduct in
a business organization.

 The specifics of what this actually means can

vary from one organization to another.

 Paul Merchant

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 Defining Business Ethics
 "business ethics is the study of the standards of
business behavior which promote human welfare
and the good.“

 Kirk O. Hanson
 Executive Director of the Markkula Center for
Applied Ethics

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 Defining Business Ethics
 “Business Ethics” can be defined as the critical,
structured examination of how people &
institutions should behave in the world of
commerce. In particular, it involves examining
appropriate constraints on the pursuit of self-
interest, or (for firms) profits, when the actions
of individuals or firms affects others.

 Chris MacDonald
 Senior Fellow at Duke University's Kenan Institute
for Ethics.
 MacDonald is also co-author of the (free,
online) Concise Encyclopedia of Business Ethics.

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 Defining Business Ethics
 Business ethics is the study of proper business
policies and practices regarding potentially
controversial issues such as corporate
governance, insider trading, bribery,
discrimination, corporate social responsibility
and fiduciary responsibilities.

 Investopedia

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 Defining Business Ethics
 Business ethics (also known as corporate ethics)
is a form of applied ethics or professional ethics,
that examines ethical principles and moral or
ethical problems that can arise in a business
environment.

 It applies to all aspects of business conduct and

is relevant to the conduct of individuals and
entire organizations.

 Stanford Encyclopedia of Philosophy

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Have an easy day in Jesus!