Every business firm has a unique culture. Its culture is made up of the cumulative knowledge, experiences, institutions, beliefs, attitudes, and other social artifacts acquired over time. Whether acknowledged or not, the culture of a firm has a powerful influence ...
... one another penetrates into every crevice and cranny of human life: the economical is perhaps the smallest part of it, yet even this is incalculable. John Stuart Mill (1848)[1] * * * * * * * * * * * * * * In our first post[2] we proposed a universal business ethics principle: “A basic duty of every organization is to earn stakeholder trust.” Our hypotheses are that 1) while cultures and levels of economic development may vary widely, trust is defined by universally shared attributes, ...
What standards should businesses observe in their own countries, or abroad? Businesses now have resources and influence that rival or surpass those of governments and certainly of ordinary people.[1] The choices businesses make can profoundly influence the lives of every person ...