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The Importance of Business Ethics

Author

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  • Livia Durac

    (Profesor PhD., "Petre Andrei" University, Iasi, Romania)

Abstract

Ethics considers the systematic reflection on the values and principles that govern the relationships between people, also between them and society. It is a normative field, prescribing a series of precepts and values that motivate a series of behaviors in parallel with the prohibition of others. Business ethics is a distinct field of applied ethics, manifesting itself like other branches (ethics in the teaching field, medical ethics, etc.) by applying general principles, the most important being utility or duty. The article captures the significant milestones of structuring a theoretical framework regarding the awareness of the importance of ethics for the business field.

Suggested Citation

  • Livia Durac, 2019. "The Importance of Business Ethics," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Asistenta Sociala, Sociologie, Psihologie / Fascicle: Social Work, Sociology, Psychology, Editura Lumen, Department of Economics, vol. 23, pages 75-82, December.
    • Handle: RePEc:lum:rev12a:v:23:y:2019:i::p:75-82
    DOI: https://doi.org/10.18662/upasw/29
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    More about this item

    Keywords

    business ethics; social responsibility; corporation-society relationship;
    All these keywords.

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • I2 - Health, Education, and Welfare - - Education
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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