publication . Other literature type . Article . 2015

Business ethics and economic growth: An empirical analysis for Turkish economy

Ekrem Erdem; Can Tansel Tugcu;
Open Access English
  • Published: 01 Dec 2015 Journal: volume 2, issue 1issn: 1849-3645, eissn: 1849-5206, Copyright policy
  • Publisher: Kavala: Eastern Macedonia and Thrace Institute of Technology
Abstract
Purpose – The roots of the science of modern economics are originated from the ideas of Adam Smith who is not a pure economist but a moralist-philosopher. Basic concepts in the Wealth of Nations which is perceived as the hand book of economics depend on the arguments that Adam Smith suggests in his Theory of Moral Sentiments. In this theory, business ethics as a part of the Law of Sympathy appears as one of the factors that provide the invisible hand to operate properly. In light of this property, it is possible to assume business ethics as one of the components of the market mechanism. In this context, this study aims to analyse the link between business ethics...
Subjects
free text keywords: HF5001-6182, Business ethics; Economic growth; Turkish economy, O47, Business, Economic growth, Turkish economy, Business ethics, ddc:330

Brown, R. L., Durbin, J., Evans, J. M. (1975). Techniques for Testing The Constancy of Regression Relationships Over Time. Journal of the Royal Statistical Society: Series B, 37(2), pp. 149-192.

Engle, R. F., Granger, C. W. J. (1987). Cointegration and Error-Correction: Representation, Estimation and Testing. Econometrica, 55, pp. 251-276. [OpenAIRE]

Johansen, S., Juselius, K. (1990). Maximum Likelihood Estimation and Inference On Cointegration with Applications to The Demand for Money. Oxford Bulletin of Economics and Statistics, 52(2), pp. 169-210.

Naude, P. (2008). The Ethical Considerations of Economic Growth, http://mg.co.za/article/2008-09-03-the-ethical-considerations-of-economicgrowth, [accessed 10.02.2015] Pesaran, M. H., Shin, Y. (1999). An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis, In Strom, S. (ed.) Econometrics and Economic Theory in the 20th Century. Cambridge: Cambridge University Press, Chapter 11.

Pesaran, M. H., Shin, Y. and Smith, R. J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16, pp.

Rea, D. (2010). Is ethics Important for Economic Growth?, In Boston, J. et al.

(eds.) Public Policy: Why Ethics Matters. Canberra: Australian National University (ANU) Press, Chapter 11.

Weber, M. (1904). The Protestant Ethic and the Spirit of Capitalism, London: George Allen & Unwin Press 1976 Ed.

Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Other literature type . Article . 2015

Business ethics and economic growth: An empirical analysis for Turkish economy

Ekrem Erdem; Can Tansel Tugcu;