Titlebook: Business Ethics; An Institutional Gov Archibald Francis De Cruz Textbook 2024 The Editor(s) (if applicable) and The Author(s), under exclus

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Introduction,g from the persistence of unethical business behaviours of many reputable firms. Their business ethics course emphasises normative ethical theories to guide students to handle ethical dilemmas. However, a number of developments require a revamp of this existing approach to teaching business ethics.

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Normative Ethical Theories, self-control. Organisation meta norms can in turn influence behaviour of employees and managers. Consequentialist and non-consequentialist normative ethical theories can influence meta norms of organisations. The actions of organisation also affect many stakeholders who often have conflicting prope

Systemic

Ethical Decision Making, important when making ethical decisions using (Rest, ., Praeger Publishers, 1986) ethical decision-making process. In today’s complex society, decisions are made by various institutions that are hierarchical in nature with top-down leadership. The decisions made by leaders of these institutions can

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Business Firm Governance,he potential of employees to live good lives. Business firms primarily exist from the reduction of transaction cost in producing goods and services compared to that by the markets. Business interactions between firms are governed by incomplete contracts with long-term trust-based relationships foste

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Governance of Earth,ond two degrees Celsius by 2100 compared to pre-industrial revolution temperature. Due to human activity, nature’s carbon cycle is unable to maintain carbon dioxide and methane concentration at levels that minimise global warming which brings devastating climate change and environmental damage. A nu

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Governance of Product Safety and Advertising,ries or death, many countries have adopted strict product liability laws. These laws place the onus of responsibility of product safety on manufacturers even if customers inadvertently misuse the products. As a result, many manufacturers take proactive steps including recalling potentially unsafe pr