Common sense morality and the ethics in business strategy that I described are fantastic for the odd, everyday side of ethics in business. Employees should not steal from their employers, and firms should not cheat their clients. And if that’s all business ethics needed to contribute, it might indeed be superfluous.
The latter studied totally different effects of different practices, as well as differing attitudes toward given business practices in numerous societies. The seminal work of John Rawls in 1971, A Theory of Justice, had helped make the applying of ethics to financial and business issues extra acceptable to academic philosophers than had beforehand been the case. Whereas most of those who wrote on social points were professors of business, most of those that wrote initially on business ethics were professors of philosophy, some of whom taught in business colleges. What differentiated business ethics as a area from social issues … Read More