Corporate Ethics Codes: A Practical Application of Liability Prevention

doi:10.1023/A:1005718721517

Paper

Corporate Ethics Codes: A Practical Application of Liability Prevention

Published 1997 · Mark S. Blodgett, Patricia J. Carlson

Journal of Business Ethics

Q1 SJR score

20

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0

Influential Citations

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Abstract

With the great increase in litigation, insurance costs, and consumer prices, both managers and businesses should take a proactive position in avoiding liability. Legal liability may attach when a duty has been breached; many actions falling into this category are also considered unethical. Since much of business liability is caused by a breach of a duty by a business to either an individual, another business, or to society, this article asserts that the practice of liability prevention is a practical business application of ethics. In today's highly litigious environment, it is appropriate for the concept of general liability prevention to be included in corporate codes of ethics.

Study Snapshot

Liability prevention is a practical business application of ethics, and it is appropriate for corporate codes of ethics to include the concept of general liability prevention in today's highly litigious environment.

PopulationOlder adults (50-71 years)

Sample size24

MethodsObservational

OutcomesBody Mass Index projections

ResultsSocial networks mitigate obesity in older groups.

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Paper

Corporate Ethics Codes: A Practical Application of Liability Prevention

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References

Business Ethics: A Managerial, Stakeholder Approach

Business ethics in the 21st century involves managing moral responsibility in the marketplace, considering both internal and external stakeholders, and balancing ethical principles with business goals.

Managerial Values and Corporate Codes of Ethics

American corporate codes of ethics show weak social responsibility, with top executives still focusing on profits rather than social responsibility, and have not significantly changed corporate behavior.

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