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Business EthicsAn Economically Informed Perspective$
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Christoph Lutge and Matthias Uhl

Print publication date: 2021

Print ISBN-13: 9780198864776

Published to Oxford Scholarship Online: April 2021

DOI: 10.1093/oso/9780198864776.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 25 July 2021

Corporate ethics

Corporate ethics

Chapter:
(p.195) 6 Corporate ethics
Source:
Business Ethics
Author(s):

Christoph Lütge

Matthias Uhl

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198864776.003.0007

This chapter aims to bring order to the multitude of different concepts that are discussed within corporate ethics. In the first part, compliance as a minimum ethical requirement is presented. Compliance risks are illustrated by examples from the fields of corruption, antitrust violations, and data privacy. Afterwards, the key tasks of compliance management are explained. In the second part, different perspectives on corporate responsibility are discussed: Friedman’s view, the honorable merchant, and the management of moral risks. In the third and largest part, different approaches to corporate social responsibility and their respective criticisms are presented. The chapter closes with some thoughts on corporate social irresponsibility and on the experimental approach to CSR.

Keywords:   compliance, whistleblowing, corruption, antitrust, data privacy, moral risks, honorable businessman, reputation, trust, corporate social responsibility

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