Establishing Moral Business Culture in Newly Formed Democracies

Business Ethics is often regarded as a low priority in newly formed democracies, because it seems there are more urgent demands that have to be dealt with first. In this paper it is argued that this perception is not only wrong, but also dangerous. A lack of morality in business can undermine exactl...

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Κύριος συγγραφέας: Rossouw, Gedon J. (Συγγραφέας)
Τύπος μέσου: Ηλεκτρονική πηγή Άρθρο
Γλώσσα:Αγγλικά
Έλεγχος διαθεσιμότητας: HBZ Gateway
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Έκδοση: Springer Science + Business Media B. V 1998
Στο/Στη: Journal of business ethics
Έτος: 1998, Τόμος: 17, Τεύχος: 14, Σελίδες: 1563-1571
Άλλες λέξεις-κλειδιά:B Civil Society
B Market Economy
B Business Ethic
B Global Market
B Economic Growth
Διαθέσιμο Online: Volltext (JSTOR)
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Περιγραφή
Σύνοψη:Business Ethics is often regarded as a low priority in newly formed democracies, because it seems there are more urgent demands that have to be dealt with first. In this paper it is argued that this perception is not only wrong, but also dangerous. A lack of morality in business can undermine exactly those priorities that newly formed democracies regard as most urgent., It starts by indicating why morality in business is a precondition for the legitimacy of a market economy as well as for excellence in a global market economy. It continues to argue that ethics in business is also a precondition for establishing a legitimate political democracy. Once the necessity of moral business behaviour has been argued, the focus shifts to the main stumbling blocks that impede the development of moral business culture in newly formed democracies such as South Africa., In the final part of the paper, measures are discussed that can be taken to foster the development of moral business culture in these countries. The role that business leaders, politicians, civil society and the media can play in this regard are highlighted.
ISSN:1573-0697
Περιλαμβάνει:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1005767721227