Issue-Driven Progress in Business Ethics: When the Responsibility to Protect Values Requires Companies to Introduce New Norms
2021
This article is about when a company should
introduce a new ethical norm. By using the Value–Belief–Norm theory, I argue
that the more an ethical issue
threatens an ethical value and the more a company has an ethical responsibility
to protect such value against such threat, then the more desirable it is for a
company to establish ethical norms to protect that particular value. The introduction
of a new ethical norm then becomes more desirable when the threat from such an
ethical issue increases and/or the ethical responsibility of the company increases. Distinguishing seven
characteristics of an ethical issue and four conditions of a company’s ethical
responsibility helps in identifying the situation in which a company should
introduce a new ethical norm. The resulting framework, with corresponding guidelines,
explains why and when progress in business ethics is needed.
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