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306 Implications for the Field of Business Ethics

306 Implications for the Field of Business Ethics -...

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Implications for the Field of Business Ethics The field of business ethics is one where there are many complex issues, some known and many others still evolving, and individual businesses do not know how to position themselves with respect to these issues. One of the reasons that business ethics is so important is that it seeks to go beyond the practice of simply obeying or complying to clear existing laws on business conduct (say, for example, US government restrictions on US companies not to engage in bribery or other forms of corruption, even on foreign soil). It is within the field of business ethics that the branch of Social Responsibility may take companies even further away from a strict compliance with laws: it is seeking to know, understand and even to chart new areas of a company’s social roles and responsibilities. This article adopts a sound approach for companies to engage in their own “civil learning” about how to approach ethical and social issues that may impact them now and in the future. It may be the predictive qualities of the approach that will have the greatest implication for the field of business ethics. It is fair to say that many of the issues surrounding corporate responsibility are surrounding globalization, including off-shore production, differing labour and social
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