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Business Ethics and Individual Interest: D Naveen 18331E0028

Business ethics provides guidelines for businesses to follow regarding topics like corporate governance, insider trading, and discrimination. While law often guides ethics, businesses can choose to follow ethical practices to gain public approval. Self interest refers to excessive focus on personal gain and can create a mismatch with moral obligations. Self interest theories examine how self interest relates to business decisions and ethics.

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Yuga Nayak
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0% found this document useful (0 votes)
16 views

Business Ethics and Individual Interest: D Naveen 18331E0028

Business ethics provides guidelines for businesses to follow regarding topics like corporate governance, insider trading, and discrimination. While law often guides ethics, businesses can choose to follow ethical practices to gain public approval. Self interest refers to excessive focus on personal gain and can create a mismatch with moral obligations. Self interest theories examine how self interest relates to business decisions and ethics.

Uploaded by

Yuga Nayak
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BUSINESS ETHICS AND

INDIVIDUAL INTEREST
D Naveen
18331E0028
Business ethics
• Business ethics is the study of appropriate business
policies and practices regarding potentially
controversial subjects including corporate governance,
 insider trading, bribery, discrimination, corporate
social responsibility, and fiduciary responsibilities.
The law often guides business ethics, but at other
times business ethics provide a basic guideline that
businesses can choose to follow to gain public
approval.
Self interest
• Self interest means selfish or excessive regard for
personal advantage.
• Self interest creates mismatch between obligation
and moral demands
Self interest theories

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