Corporate ethics
The bottom line for corporations is making a profit. Self interest is a reliable motivator, and when it can be channeled in positive ways, society benefits. This positive channeling will occur only if corporate behavior is constrained by ethical principles.
In the economic realm, as in all areas of life, self interest must be balanced with responsibility for others. Experience shows that many businesses will operate in a responsible manner only if they are subjected to clear regulations and careful scrutiny.
Many business people are very conscientious, and attempt to function in socially responsible ways. Sometimes they are successful. However, in the absence of appropriate regulations, businesses that do attempt to operate in a responsible manner sometimes find they simply cannot compete with their less scrupulous competitors.
For businesses to be able to function in responsible ways requires attention to the “rules of the game” within which competition must take place.
General
Agriculture
The Arms Industry
Communications
Infant Formula Industry
Medical
Oil
Pharmaceutical
Tobacco
Retail