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Sorting out the mess. A Review of Definitions of Ethical Issues in Business

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Abstract

Hundreds of concepts have been proposed for describing how ethical issues in business should be defined. In this paper, I review how the six most commonly used concepts have been defined. This is a contribution to the international business ethics research, since hardly any academic work has reviewed more than one or two concepts simultaneously. The results from the review show that differences as well as similarities exist between the concepts in terms of context, content and perspectives. In terms of context, I find that the empirical version of Corporate Social Performance (CSP) is the only concept consistently used in a certain context. In terms of perspective, a normative perspective is present in all six concepts and a shareholder perspective in four of the six concepts. I also find that an overwhelming majority of the conducted research is based on a normative perspective. In terms of content, the review shows that it is becoming increasingly difficult to separate Sustainable Development (SD), Corporate Social Responsibility (CSR), Corporate Citizenship (CC) and Corporate Social Perfromance (CSP) from each other and that four of the six concepts have been vaguely defined and that all concepts have been inconsistently defined. Based on this, I conclude that the choice of perspective is more important than the choice of concept when defining ethical issues. I also conclude that lack of a consistent and coherent core definition in existing research makes it difficult to utilize the reviewed research for defining ethical issues in business, since it seems difficult to find a rationale for choosing between the different proposed definitions.

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  • Egels, Niklas, 2005. "Sorting out the mess. A Review of Definitions of Ethical Issues in Business," GRI-rapport 2005:4, University of Gothenburg, Gothenburg Research Institute GRI.
  • Handle: RePEc:hhb:gungri:2005_004
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    Cited by:

    1. Y. Fassin, 2008. "The Stakeholder Model Refined," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/529, Ghent University, Faculty of Economics and Business Administration.
    2. Muhammad Rhies Khan & Mustaghis-Ur Rahman & Anita Laila & Ali Gohar & Sana Azhar, 2023. "Maintaining Business Ethics during COVID-19 Pandemic in Globalized World: A Comparison of Ethical Theories and Future Research Perspective," Journal of Economic Impact, Science Impact Publishers, vol. 5(1), pages 42-49.
    3. Eric Guthey & Mette Morsing, 2014. "CSR and the Mediated Emergence of Strategic Ambiguity," Journal of Business Ethics, Springer, vol. 120(4), pages 555-569, April.
    4. Pedro Vazquez, 2018. "Family Business Ethics: At the Crossroads of Business Ethics and Family Business," Journal of Business Ethics, Springer, vol. 150(3), pages 691-709, July.

    More about this item

    Keywords

    CSR; sustainability; corporate citizenship; corporate social performance; business ethics; stakeholder theory;
    All these keywords.

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