publication . Preprint . 2003

Business Ethics versus Economic Incentives: Contemporary Issues and Dilemmas

Kulshreshtha Pravin;
Open Access
  • Published: 04 Feb 2003
This paper is based on my experience with teaching a course on ethical dilemmas faced by individuals, managers and businesses in contemporary societies. Modern economic thinking generally presumes that individuals and businesses in a society follow their own self-interest, or private economic incentives. The course highlighted the importance of ethical considerations for action that are based on consideration of others rather than ones own. Four significant ethical dilemmas of modern societies, concerning Crime Reduction and Legalization of Drugs, Saving the Earths Environment, Abortion and Ethics in Business were chosen for class discussion. The readings on eth...

Drucker, Peter F., “What is 'Business Ethics'?”, The Public Interest, No. 63, Spring, 1981, pp. 18-36.

Vogel, David, “Business Ethics: Past and Present”, The Public Interest, No. 102, Winter, 1991, pp. 49-64.

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