Exploring Ethics in Business Networks: Propositions for Future Research

Abstract

In the current business environment, ethics and responsibility are emphasised as necessary values for successful business. Companies enforce ethical codes of conduct and stress non-harmful actions, expecting that commonly agreed principles will translate into actual business behaviour. Cases like Enron (Sims and Brinkman 2003) and the sub-prime mortgage crisis in the USA (Jennings 2008), the Bangladesh garment industry tragedy (Peck 2013) and unethical supply chain practices in the smart phone industry (Garside 2013) have created awareness of ethical issues and shown that companies can suffer severe reputational and financial damage when their unethical dealings are revealed. When such cases are reported, they often involve a major scandal that seriously impacts not only the company but also the whole industry or even the world economy (Benady 2009; Marriage 2013; Taticchi et al. 2013). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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