A Republican Concept of Corporate Ethics

Abstract

The German debate on business ethics has often been estimated to be at least 10 years behind the state of the art in the United States. One may point to the recent developments and initiatives in the American business world, e.g. the remarkable idea of Federal Sentencing Guidelines (Nagel & Swenson—1993), or the incorporation of business ethics as a subject of research and teaching in the academic field of business administration (DeGeorge — 1991, Dunfee & Robertson—1988, Piper, Gentile & Parks—1993). Generally speaking, one may be properly impressed by the successful institutionalization of business ethics in the U.S. and the ongoing practical efforts in the field.

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