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Is €Œbusiness Ethics An Oxymoron?

Author

Listed:
  • Dragos BIGU
  • Ionut ANASTASIU

Abstract

In this article, we examine some objections to the enterprise of business ethics. We draw the distinction between two lines of argumentation against business ethics: the former based on real-life examples of unethical conduct in business, and the latter based on theoretical and normative arguments. We show in the first section why the first line is not successful. In the second section we examine in more detail the arguments in the second category. First, we argue that the idea that profit is the purpose of business does not lead to the conclusion that there are no ethical norms that should be observed in business. Secondly, we argue that ethical principles are not confined to the sphere of personal life or, in the professional life, to that of public institutions. We analyze the distinctions between ethical norms applicable to the field of business and those applicable to the public sector.

Suggested Citation

  • Dragos BIGU & Ionut ANASTASIU, 2015. "Is €Œbusiness Ethics An Oxymoron?," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 9(1), pages 860-865, November.
    • Handle: RePEc:rom:mancon:v:9:y:2015:i:1:p:860-865
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