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How graduate business schools professors can assist in reducing today's lack of ethics in business

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  • Ronald Degen

    (ISM - International School of Management Paris)

Abstract

This paper discusses how graduate business school professors can assist in reducing today's lack of ethics in business by orienting future corporate leaders on how to behave and decide properly when confronted with the myriad ethical dilemmas of the corporate world. To accomplish this, graduate business school professors have to be able to make future leaders understand what is right and what is wrong from the ethical point of view. This requires that they engage these future leaders in philosophical discussions on ethics in business, particularly to deconstruct the misconceptions that justify today's unethical behavior. To help them in these discussions this paper presents three explanations for today's unethical behavior, the most important misconceptions built on five half-truths, and the fundamental ethical principles and the requisites of skilled ethical reasoning.

Suggested Citation

  • Ronald Degen, 2014. "How graduate business schools professors can assist in reducing today's lack of ethics in business," Working Papers 109, globADVANTAGE, Polytechnic Institute of Leiria.
    • Handle: RePEc:pil:wpaper:109
    as

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    File URL: https://globadvantage.ipleiria.pt/files/2012/08/Working_paper-109_globadvantage.pdf
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    References listed on IDEAS

    as
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    5. Friedman, Milton, 2002. "Capitalism and Freedom," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264219, Febrero.
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    More about this item

    Keywords

    ethics in business; misconceptions that justify today's unethical behavior; critical ethical reasoning;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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