Old and New in Business Ethics Theory

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2020

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Sumy State University
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Abstract

This paper aims to show the need to study both classical and modern theories in business ethics. It is necessary because social relations in production change, as do production conditions, the relationship between owners and workers, employees. The aim of the article is also to demonstrate the possible deviations from the natural, basic principles of ethical behavior in business and to look for opportunities to regulate them and limit the opportunities for their manifestation.

Keywords

business ethics, ділова етика, деловая этика, moral hazard, моральный ущерб, моральна шкода, rent-seeking, шукання оренди, поиск аренды, diamond theory, теория алмазов, теорія алмазів, agency theory, теорія агентства, теория агентства

Citation

Stavrova, E. (2020). Old and New in Business Ethics Theory. Business Ethics and Leadership, 4(4), 132-139. https://doi.org/10.21272/bel.4(4).132-139.2020

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