General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis aerospace CEO thinks that today's corporate "ethics" is simply an equation.
Take a read and see what you think.
http://www.nationaldefensemagazine.org/archive/2016/April/Pages/ASimpleEquationforEthicsinAction.aspx
Imagine: you plug into his equation and thusly either you are ethical or you are not.
Isn't that exactly what Wall Street does? But in Wall Street, "ethics" and "profit" are synonyms.
Major Nikon
(36,827 posts)The only ethical considerations in the corporate world are what you can go to jail, get fined, or get sued over, and even many of those things are weighed against what you think you can get away with. The justification is if you don't do it, your competition will.
ladjf
(17,320 posts)The ethical human mind calculates the distance to large profits without depriving Earth's flora and fauna of it's right to quality life. Big difference in the processes. The irony is that in the long run, if the Corporate MInd would adopt the ethical human model they would make more money in the LONG run.
Odin2005
(53,521 posts)hatrack
(59,583 posts)melm00se
(4,989 posts)from a high profile Catholic university and one of the things that they were taught was that "business ethics" are not the same ethics that you were taught in Sunday school. It is up to them (the future businessmen and women) to apply those Sunday school ethics to business ethics and that doing so is a significant challenge.