The Meaning of Moral “Justification”
"Justification" in terms of business ethics can be portrayed in two different ways. In business ethics, do the means justify the ends, or do the ends justify the means? Is it…
Where Does Morality Come From?
The principles of moral ethics can be injected into any business. Ethical businesses recognize the power of conducting businesses in socially responsible ways and they realize that doing so leads…
Reactors for Measuring Reaction Rates
The confines in which chemical reactions occur are called reactors. A reactor can be a chemical reactor in the traditional sense or other entities, for example, a chemical vapor deposition…
What is Morality?
In a broad sense, morality is a set of rules that shapes our behavior in various social situations. It is more sensitive doing the good instead of the bad, and…
Business Ethics as the Basis of Business Strength
Business leaders now believe that there are many preventive measures, which should be leveraged to diminish market failure. The boards and business leaders now accept their role in building institutional…
The Limitations of Compliance
Business ethics challenge the cultural legitimacy of ideas such as agency theory, which prompted the business managers be driven by self-interest. The theory assumes that, the managers need to be incentivized for…
Organizational Cultural Risk
The occurrence and effects of GFC has led many boards to think more on compliance than performance. The managements of organizations are now focusing towards reducing unethical practices and not…
Global Financial Crisis Legacy
The Global Financial Crisis (GFC) in 2008–09 was largely initiated by poor business decisions made by boards of directors of reputed companies and executives of financial and industrial sectors. Institutional…
Transition-State Theory
For most elementary reactions, the rearrangement of atoms in going from reactants to products via a transition state (see, for example, Figure 1.1.1) proceeds through the movements of atomic nuclei…
The Digital World
Internet is a hugely influential and effective media to publicize the perceived negative impacts of a business. The consumers, employees and grassroots activists can now utilize digital means if they…
