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Vztah etického a ekonomického chování
[The relationship of ethical and economic behaviour]

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  • Tomáš Sigmund

Abstract

Altruism and the ethical relationship to other people affect behaviour of subjects in economic environment. Economy tries to capture this behaviour, there are various models, but it hasn't been successful in fi nding one model describing various types and cases of altruistic behaviour. Business ethics faces a similar problem as it lacks a defi nition of what exactly ethical behaviour means. This paper claims impossibility of fi nding a unanimous defi nition belongs to ethics and is its characteristic feature. In the area of economic behaviour that is not a problem, but a chance for innovative behaviour.

Suggested Citation

  • Tomáš Sigmund, 2015. "Vztah etického a ekonomického chování [The relationship of ethical and economic behaviour]," Politická ekonomie, Prague University of Economics and Business, vol. 2015(2), pages 223-243.
    • Handle: RePEc:prg:jnlpol:v:2015:y:2015:i:2:id:998:p:223-243
    DOI: 10.18267/j.polek.998
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    More about this item

    Keywords

    altruism; homo economicus; innovation; corporate social responsibility; business ethics; selfishness;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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