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EN
Business ethics deals with ethical aspects of management and entrepreneurship, activities closely linked to “this world’s” problems. Surprisingly enough religious traditions have their impact on the argumentation in this field. The paper focuses on two biblical parables: on the talents and on the good Samaritan. Both are not only present in business and management literature but also widely discussed in the context of today’s economy and society. The first one seems to be a basis of the doctrine of corporate social responsibility in its original form presented within the “gospel of wealth” movement. The second one however offers even more opportunities to discuss the responsibilities of business in today’s world. So the religious narratives cannot be ignored within business ethics. This conclusion applies, of course, to all religions, esp. the Asian ones in view of the fact of the rapid development of Chinese or Indian economies.
EN
The issue of business ethics and corporate social responsibility continues to be widely discussed in the world literature, and is still actual because of the emerging scandals related to the large corporation’s activities. According to the author, in the Central and Eastern Europe post-communist countries one finds examples of almost all aspects of unethical behavior and practices, and which still require from the business, state administration at different levels, and society appropriate actions. The article includes a retrospective analysis of this phenomenon.
EN
Global capitalism is both an outcome and a stimulant of spreading not only the same market economy standards and lifestyles but moral relativism as well. Its origin goes back to Anglo-Saxon liberalism that limits the individuals to maximize their personal benefits that are measured according to the market values. The perception of human nature adopted in this ideology determines solutions as for how to achieve individual and communitarian goals and meet criteria of their validation. As a result, the development of human capital understood as the knowledge necessary to act, is focused on its subjective functions. Thus, human capital plays a more important role in the multiplication of individual benefit than in the improvement of the value of human life. Such developed human capital results in growing disparities in the knowledge assets enabling the harmonization of personal benefit with the responsibility for the valuable life of present and future generations. These disparities lead to an increase in risk of global threats to humanity. The reaction to these threats cannot be based on the development of globalization. The concept that respects the multi-faceted nature of a human being seems to be an appropriate alternative. Due to these efforts, new economics might be developed that may provide applicable educational and institutional tools for long-term sustained economic development and improve the quality of life of an individual.
EN
Two parallel problems come under close scrutiny in my paper. First of them concerns the question whether victims of a (politically or economically) stronger thief are ethically entitled to steal their property in revenge? I argue that this kind of theft could be seen as a hidden form of protection because the symbolic relation between the first aggressor and his victim is extremely unequal. An ordinary man usually has no public means to oppose corporation or political institution. He has then to decide whether he chooses ethical perfection, which would stop him from doing anything; or he is ready, by himself, to inflict punishment on an (institutionalized) thief. The other problem concerns the consequences of the acceptance of ‘the balancing strategy.’ The case of modern state shows how hidden fighting against a stronger thief brings about opposite results. On one hand, an unfair political institution is deprived of its rights. But, on the other hand, the insubordinate citizen, who plays the part of the only owner of the criterion of fairness, destroys the rules of common life.
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EN
We find ourselves in times where national leaders engage in fraudulent and deceptive behaviors for personal and political gains, and multinational corporations use unethical practices to maximize their profits. Where dangerously defective products are released onto the market endangering the health and lives of consumers, and where news channels become opinion channels. Where the motto of the free market is reduced to a simple‘grab all you can, any way you can.’ In times such as these, it is difficult to teach and promote ethical behavior. A cursory look at the advertising messages and the spins put on issues by public relations people leaves one wondering if business ethics is anything more than an oxymoron – a self‑contradicting claim. In times such as ours (in 2017), it is crucial that institutions of higher learning continue to teach and foster ethical behavior and ethical responsibility. No doubt, it is an uphill struggle for educators to convince students to think and act in ethically appropriate terms when surrounded by corruption, deceit, and fraud. While no one will deny the need for ethical practices, teaching these values in a convincing manner remains a challenge. Using meta‑analysis of various University courses in ethics, the present paper attempts three goals. First, it builds a rationale for the importance of ethical behavior, the need for teaching it, and the criticisms of those who think it unnecessary to teach ethics. Second, it discusses various strategies used by universities and several educators in teaching and reinforcing ethical behavior. This section also offers a criticism of approaches and methodologies of teaching ethics. Third, it offers an outline for a syllabus for an introductory course in Ethics.
EN
Immanuel Kant’s philosophy, especially his categorical imperative, is one of several ethical theories mainly used to morally legitimize actions, referred to as Corporate Social Responsibility. The aim of the current article is to evaluate if Kant’s philosophy can be used as the ethical foundation for Corporate Social Responsibility as well as to present its advantages and disadvantages in a theoretical and practical approach.
EN
Chicago School argues that the use of predatory strategy may not lead to a profit. Postchicago School, investigating this problem on the basis of game theory, argues just the opposite. This dispute on the basis of theoretical economics, has an impact on ethics in economic life. In a number of lawsuits companies rely on the views of the Chicago School to win, which raises the ethical concerns.
EN
A culture of trust leads to better use of knowledge and human skills, so important in an economy based on knowledge, innovation and change. Polish society is characterized by a culture of distrust, and this atmosphere translates into interpersonal relationships in companies. The challenge is therefore to recognize the conditions for building and strengthening organizational trust. Trust is related to personal reliability, which means respecting moral norms and the rights of others. Focusing on the company-employee relationship, in this paper the author has set herself the goal of recognising how – in the context of ethical standards – the culture of trust is shaped in companies in Poland. The introductory – theoretical – part of the study looks at the role of trust in the functioning of an organization. The empirical part includes the available research on moral standards and trust in Polish enterprises. The summary points to the conclusions of the analysis undertaken.
EN
The paper attempts to analyse the ethical duties of engineers contained in selected engineering codes of ethics and indicates a few problems arising in teaching professional engineering ethics in technical studies. The codes of ethics under analysis, both Polish and foreign (American), show similarities and differences. The author indicates the likely causes of these similarities and differences and suggests the need for further research on the development of ethical standards as well as their implementation, application and enforcement. The author discusses teaching ethics based on his own experience and compares a few American textbooks used for engineering ethics teaching. The author indicates a lack of necessary teaching materials in Polish and the existence of no Polish forum for discussing ethical problems of engineering in Poland both in the areas of teaching and research.
EN
Introduction. Under the current economical and globalization conditions, companies in Latvia have to be aware of the importance of the enterprises' social responsibility in the formation of a successful long term development, efficient working environment and company's publicity.Aim of the Study. This study investigates the relationship between organizational values and sensitivity to corporate social responsibility among current employees and business students.Materials and Methods. This study investigates the relationship between organizational values and sensitivity to corporate social responsibility among current employees and business students. Using questionnaire of values' orientations and test of business ethic development, survey data was collected from employees and business students.Results. The results of the study reveal some employee groups that are remarkably different in relation to social responsibility, as well as practicing workers and managers have more social responsible values than current business students.Conclusions. The necessity to facilitate the role of social responsibility in the society and entrepreneurship environment has to be placed at the top of the list of the tasks for higher educational institutions.
EN
The presented work attempts to show a link between business and global responsibility, and the Socratic idea of self-knowledge. Today’s ethics discusses the fundamental issues of man’s place in the world. The human existence is one of the causes of the contemporary crisis. This crisis between man and the world obliges us to raise a radical question of the ethical origins of individual and global responsibility for the quality of life and the future of human generations. This question requires going back to the historical and ethical considerations about the Socratic project of the good life. The starting point for Socratic ethics is an inter-personal and inner-personal dialogue; the subsequent result is man’s practical wisdom of how to build his life with others. Socrates argues that the key issue of responsibility is the awakening of self-awareness and the way to achieve this objective is through dialogue.
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EN
Over the last few years, the pharmaceutical industry intensified marketing activity in Poland. One of the most important ways of promotion are visits by pharmaceutical sales representatives in physicians’ offices. Representatives during those meetings are using different sorts of tactics to manipulate physicians such as: gift-giving, free meals, travel subsidies, “fake” research, ‘white Saturdays’, sponsored teaching and conferences. An ethical ambiguity can be easily find in this work. The paper describes briefly the results of the research concerning the influence of the relationship between physicians with the pharmaceutical companies on prescribing habits which were conducted in other countries. The article presents law regulations and ethical codes present in Poland, but it concentrate on describing the results of 31 in-depth interviews with pharmaceutical sales representatives conducted between the June – November 2007. The main aim of this paper is to show how important are ethical and law standards for the pharmaceutical sales representative. Do they know it? Does companies take care about proper training and information in the area for their employees? Work ethics of the pharmaceutical sales representative is very important, and should be discussed. Drugs are special kind of goods which can influence people health and sometimes even lives so we should pay attention to the ways medicaments are advertise and promote.
EN
Rawls’s theory of justice is based on Kant’s ethics and the theory of social contract. Rawls tries to obey two rules: of universalizations and universality and of the maximization for the least privileged. His theory can be used to judge the ethical position of business firms. It follows from my studies that a just organization of a firm is rare in times of transformation. This may be another reason for mass emigration and it must be taken into account in future debates of the economic development.
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Content available remote

Markets in catholic social teaching

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Managerial Economics
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2015
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vol. 16
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issue 2
161-174
EN
An aim of this article is to present the Catholic social teaching in regard to one basic institutions of economic life that is the market. The analysis starting point is an Encyclical of Pope Leo XIII, Rerum novarum, who initiated Catholic social teaching. All the social encyclicals were studied, which directly or indirectly refer to the market category. In the final part of the article, a synthesis of teaching the Catholic Church in market terms was carried out.
EN
The presented work attempts to show a link between business and global responsibility with the Socratic idea of self-knowledge. The today’s ethics discusses the fundamental issues of the man’s place in the world. The human existence is one of the causes of the contemporary crisis. This crisis between man and the world obliges us to raise a radical question of the ethical origins of individual and global responsibility for the quality of life, including also the future human generations. This question requires going back to the historical and ethical considerations about the Socratic project of good life. The starting point for the Socratic ethics is an interpersonal and inner-personal dialogue; the subsequent result of that is man’s practical wisdom of how to build his own life together with others. Socrates argues that the key issue of responsibility is awakening of self-awareness and the way to achieve this objective is dialogue.
EN
During the last several years we have witnessed heightened interest in the issue of CSR, which has been frequently raised at numerous conferences. In addition, a growing number of enterprises have become increasingly aware of the relevance of socially responsible actions and begun including them in the conducted business activity. CSR is gradually becoming an integral part of the company strategy. It is best demonstrated in companies with a large share of foreign capital, where Polish subsidiaries adopt patterns from the parent companies. In the first two parts, the paper outlines the programs of CSR, their key elements and premises, as well as introduces the importance of the company strategy. The final part attempts to convince the reader that along the development of the CSR concept, a gradual process of converting theory into practice is taking place. The CSR programs are becoming an important element of the business strategy. Companies, bigger ones in particular, have begun to take account of the strategies closely interlinked with the very CSR programs.
EN
In this article the relations between philosophy and applied ethics are considered. The presented deliberation is concentrated on the question whether philosophy has contributed to applied ethics, especially to business ethics. Trying to find an answer to this question I will refer to the discussion which was started by R. Rorty in which he presented his own point of view on the issues related to moral development and the role of philosophy and philosophers in the modern world. Rorty points at proper tools which, in his opinion, can be helpful to business ethicists and formulates the goal they should try to aim at. His opinions has started a vivid discussion. Patricia H. Werhane, Daryl Koehn and Richard T. De George try to discuss with Rorty’s statement. They oppose Rorty’s argument that philosophy is not more relevant to applied ethics than any other academic disciplines. They point to the facts which document philosophers’ contribution in forming business ethics. This article presents their arguments as well as an attempt of their critical assessment.
EN
Contemporary concepts of development (the process of globalization, sustainable development) can be diversified according to their relation to axioms, natural law, values and paradigms. The subcategories obtained constitute the ground for business ethics. Ethics in business is always needed, however, it can be implemented at-source (as a component of management) or as an end-of-pipe measure. In Poland, constitutional regulations guarantee, indirectly at least, business ethics as a component of management.
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EN
The purpose of this paper: The purpose of this paper is to addresses corporate governance shortcomings identified in the pre-crisis period using the example of Goldman Sachs, it attempts to reveal the company’s divergence from fundamental ethical values of the prime interest of shareholders and clients. Design/methodology/approach: This paper presents a case study of Goldman Sachs, one of the most successful yet the most controversial investment banks known for its strategy in linking politics and business. The practice of Goldman Sachs is identified within the corporate governance and business ethics framework. Findings: The case study presents and discusses Goldman Sachs’ ethically questionable operations which include helping Greece in the creative accounting for hiding the real debt level though the use of currency swaps, betting against credit default swaps while selling those instruments to clients (ABACUS scheme) and the instrumental treatment of customers referred to by the company as ‘muppets’. Research implications: The paper proposes an analysis of the structural corporate governance failures which led to the outbreak and development of the credit crunch relating them to unethical and irresponsible behaviour noted in the pre-crisis period. The lack of integrity and strong values, dominant public respect based on the level of consumption and personal wealth as well as the prime priority of generating short term profits proved to be the key drivers for the inefficiencies in corporate governance. The phantom declaration of ethical conduct and the lack of the internalization of codes of best practice led to trust crisis on the market and resulted in the deterioration of economic performance. Originality/value: The paper contributes to the development of the knowledge on both corporate governance and business ethics tracking patterns for the convergence or potential divergence of these two notions. Using the case study of Goldman Sachs it also attempts to understand the behaviour of the largest players on the stock market with regards to their business ethics and corporate governance practice. Finally, the paper studies the causes of the financial crisis rooted in the corporate quest for the highest profitability
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