A global perspective of ethics in business

Article Abstract:

Canon Inc executive Keizo Yamaji believes that the implementation of his business ethics, 'Kyosei, will result in corporate success. According to Yamaji, Kyosei is a corporate philosophy wherein competition for progress is combined with harmony for sustainable development. For Yamaji, business ethics should be implemented as the corporate philosophy based on the line of business of a corporation. He claims that the Kyosei Initiative is ahead of its time and hopes for its implementation by more companies in the future.

Ethical aspects, Speeches, lectures and essays, Transcript, Business success, Yamaji, Keizo

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Game theory as a model for business and business ethics

Article Abstract:

The publication of Oskar Morgenstern's and John von Neumann's treatise entitled 'Theory of Games and Economic Behavior' resulted in the creation of another branch of economic theory known as game theory. It became a mathematical model for economic activity by economists and was later applied to social and political issues as well as general business theory. However, subscribing to such a concept in business reinforces a destructive obsession with measurable outcomes and a false sense of competition.

Game theory

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A pragmatic approach to business ethics

Article Abstract:

Alex Michalos' book entitled 'A Pragmatic Approach to Business Ethics' is a collection of 265 essays where Michalos presents his search for justice, decency and a better life according to his socialist, democratic and egalitarian ideals. In this book, he analyzes important ethical issues based on a pragmatic point of view. Michalos' consistent arguments and pragmatic approach to business ethics is analyzed.

Pragmatism

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