Ethics, Cynicism and Governance

Jacques Delga and Gilles Wijk

Chapter 80 in Handbook of Top Management Teams, 2010, pp 688-695 from Palgrave Macmillan

Abstract: Abstract This study attempts to show that business ethics is an ambiguous notion, that it can have several meanings, and that the understanding that appears to prevail after analysis of the charters, is the Anglo-Saxon understanding. This pragmatic approach to ethics is not well recognised by the public. It is very different from our traditional morality. Furthermore, business ethics is different from ethics ‘within’ companies. Both the predominance of the Anglo-Saxon understanding of business ethics and the general confusion lead to a dangerous loss of cultural, moral and legal points of reference. It is the responsibility of the company management to understand these different notions in order to avoid misunderstandings.

Keywords: Business Ethic; Corporate Governance; Independent Director; Traditional Morality; Golden Parachute (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30533-5_81

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DOI: 10.1057/9780230305335_81

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