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Professional paper

BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?

Matthias Karmasin ; Wirtschaftsuniversitat Wien

Fulltext: english, pdf (4 MB) pages 121-128 downloads: 889* cite
APA 6th Edition
Karmasin, M. (1992). BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?. Journal of Information and Organizational Sciences, (16), 121-128. Retrieved from https://hrcak.srce.hr/79832
MLA 8th Edition
Karmasin, Matthias. "BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?." Journal of Information and Organizational Sciences, vol. , no. 16, 1992, pp. 121-128. https://hrcak.srce.hr/79832. Accessed 24 Nov. 2020.
Chicago 17th Edition
Karmasin, Matthias. "BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?." Journal of Information and Organizational Sciences , no. 16 (1992): 121-128. https://hrcak.srce.hr/79832
Harvard
Karmasin, M. (1992). 'BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?', Journal of Information and Organizational Sciences, (16), pp. 121-128. Available at: https://hrcak.srce.hr/79832 (Accessed 24 November 2020)
Vancouver
Karmasin M. BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?. Journal of Information and Organizational Sciences [Internet]. 1992 [cited 2020 November 24];(16):121-128. Available from: https://hrcak.srce.hr/79832
IEEE
M. Karmasin, "BUSINESS ETHICS: A NEW ECONOMIC DISCIPLINE?", Journal of Information and Organizational Sciences, vol., no. 16, pp. 121-128, 1992. [Online]. Available: https://hrcak.srce.hr/79832. [Accessed: 24 November 2020]

Abstracts
Economics can he enriched by paying more attention to ethics. The narrow interpretation of self interested behaviour is not sufficient in a world of (extremely) limited conditions. Maximizing utility (as one possible definition of economic success) is a relative matter, depending on what appears to be the appropriate standard. The problem of externalities e.g. has to be discussed under the point of view of ethics-economic reasoning alone will not solve the problem The "real" goals of a corporation can only be identified by the means of ethical reasoning. Values are decisive for what happens in business, they may he rational or irrational, consistent or inconsistent with those of the marketplace. There has been little systematic analysis of values in business.

Keywords
Ethics; Economics; Business

Hrčak ID: 79832

URI
https://hrcak.srce.hr/79832

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