Behavioural Economics and Business Ethics: Interrelations and Applications


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Compating corruption is a central theme of business ethics and compliance research.

Interrelationship of Governance, Trust, and Ethics

Among other things, the chair seeks to better combine the efforts of ethicists and compliance researchers. Diversity is an important aspect in the research of business ethics in a globalized world. Transpanrency in handling variety in its various dimensions is emphasized and welcomed from business ethics perspectives. Home Research focus Research Focus. Foundations of economic ethics - order ethics We approach economic ethics as "order ethics" cf. Munich: Vahlen Thomas Law Journal 12 2 , S.

Christoph; Mukerji, Nikil eds. An ethical framework for the Social Market Economy. Gerd Garmaier, published: Gabler Counter-intuitive consequences of moral actions from normativistic fallacies Patrick Wellas, completed Prechel, completed Economic ethics of Digitization In ethics, discussions of risk are often dominated by the problem of how to prevent harm - less by the question of how to make use of opportunities.

Current projects: Appointment of Prof. Journal of Science and Engineering Ethics. Book series "Business Ethics and Risk Management" ed. Experimental ethics Scientific methods and results play an increasing role in ethics. Current projects: Experimental business ethics J.

An Inquiry into the Dark Side of Competition" completed dissertation. Alexander Rajko, Routledge Ethical conduct, in this sense, has become a major component of doing business. Whether it is for organizational, legal, or personal reasons, ethics cannot be ignored, and this is particularly true for the insurance industry. Recent scandals have demonstrated that unethical behaviour can be costly to the company. The study aims to examine the relation between organizational commitment, unethical culture, and the unethical behaviour of employees and managers working in the insurance industry.

A survey was conducted to test these hypotheses. The findings reveal that there is a positive relation between unethical culture and managerial unethical behaviour and employee unethical behaviour. The reporting of the real condition of accounting information systems of businesses to users in the right time depends on many elements. The most important of these is the profession members creating the accounting information to provide only what it should have been without considering the advantages of any party or group. The trustworthiness of the information created in the activities realized with this objective is in direct proportion with the independency of the profession members and their compilation to the ethical rules.

Relevant professional organizations are performing important studies on this subject in the world and in Turkey. The objective of this study is to display the importance of the compliance to ethics rules in accounting , and in this way, the highest advantage expected from the accounting profession will be received from the audit profession. The concepts of ethics and ethics in accounting are explained primarily.

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Then, the effect of ethics in accounting to the audit profession is analyzed considering the studies in the world and in Turkey. Teachers working on adult on-job training should have more professional ethics than other teachers, such as, the universal ethics, the pragmatic sense of responsibility, the flexible adaptability, posture the affinity of equality and close to the practical action.

In view of the professional ethics of Chinese adult in-service training teachers in recent years, there are professional ethics, utilitarianism tendencies, job burnout and other issues. Strengthen the construction of adult job training teacher professional ethics. Conflict of interest is regarded as one of the core significant issues in legal practice. This leads to some difficulties which lawyers have to face in practice and it is not beneficial for lawyers to manage the conflict of interest in cases which are brought by clients in different regions.

Also, it analyzes the current situation and the potential problems regarding this issue and further provides some reasonable suggestions and measures for improvement. Internet enables a business to reach a customer base numbering in the multi-millions, and, conversely, allows customers to access information, products and services throughout the world Maury and Kleiner in J Bus Ethics —31, With the internet and the development of marketing by e-commerce, privacy issues became more complicated as a result of the new technology.

Social science

Consequently, much attention has been devoted to information privacy as one of the issues critical to the success of e-commerce Son and Kim in MIS Q 32 3 —, Without the ability to credibly signal their trustworthiness in handling consumer information, website operators will be less able to persuade consumers to share sensitive information, hindering welfare creation for both consumers and retailers and impeding the development of online commerce Tang et al. Usually, organizations achieve the obligation of informing data subjects by means of privacy policies Karat et al.

The aim of this study is to prepare and present a literature review about privacy and security issues in B2C e-commerce for eliminating the ethical concerns of individuals. Ethics plays a substantial role in modern theory and practice of young financial markets.


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Financial ethics, as a subset of general ethics, focuses on applying the ethical principles in setting and preserving norms of financial morality, honesty, and fairness in financial markets. With the definition in mind, it is crucial to inspect the cause and factors that lead to ethical deviations. The decay of ethical values stems from wrong evaluation of money, criminalization of market act behavior, ignorance, as well as misconceptions.

Negative consequences that arise from ethical violations lead to a wide range of serious banking and financial crises. The existing legal regulations and instruments of investor protection have proved insufficient in the control process, creating a need to establish clear operating ethical principles. This thesis focuses on ethics and morality in modern society, as well as the mechanisms for ethical value preservation. In the set context, the research analyses the interrelations of ethics of society and of the individual as an obstacle in the process of financial investment.

The thesis presents proposals for improving ethical values in the finance sector in a form of possible provisions of the ethical codex of stockbrokers, possible ethical solutions in the field of financial instruments trade , and gives example of desirable ethical principles in financial trade with interest groups. The proposed solutions should serve as guide conduct to reduce the level of immorality, robbery, fraud, and bribery in the field of finance trading. Chinese overseas investment has undergone a significant increase in the last few years.

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These investments are not only conducted by the state-owned companies, but also by the private enterprises. Furthermore, the range of overseas investment has become broader than before, covering agriculture, energy, natural resources, transportation, manufacturing, cultural, educational, and other sectors.

Furthermore, what are the key institutional designs to address this issue? Is there any law or regulation to regulate and enforce this concept?

Richard Thaler: "Misbehaving: The Making of Behavioral Economics" - Talks at Google

This paper, by studying the relevant regimes, aims to examine the above questions. The first part of this paper will review the development of Chinese overseas investment.

Secondly, this paper looks at the legal and institutional framework for the regulation and supervision of overseas investment. Moreover, by a close examination of the current law, regulations and industrial guidelines relating to ethical requirements, conclusions will be drawn. The present book chapter firstly tackles general characteristics and key concepts of business ethics, defined as the theory of right conduct in the business environment. Business ethics is also scrutinized within the dynamics of the tax game between contributors and tax authorities, where only tax compliance may be qualified as genuine ethical behavior.

As it unravels, the book chapter focuses on the ethical precepts guiding institutions and businesses that activate within the public and private economic sectors in Romania. Namely, it discusses the ethics codes of professional accountants, fiscal civil servants and banking sector employees, all categories being expected to act following common precepts like confidentiality, integrity, transparency, nondiscrimination and professionalism. Besides theoretical considerations on the Romanian business ethics guidelines, the chapter includes a brief literature review of the studies performed by academic researchers and international organizations on Romanian consumers, employees, students, Western managers and economic entities activating in Romania.

According to their results, businesses in Romania still have to make considerable efforts in the process of institutionalizing ethics. Islamic business ethics, therefore, is based on these sources and provides an essential foundation in the making of ethical business decisions. Further, akhlaq and its core principles guide how business disputes are to be resolved and at the same time restore harmony between the disputing parties.

In addition, the chapter demonstrates the application of these core principles within the context of an Islamic organisation. The Board has to protect interests of investors and promote and regulate the securities market.

Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications Behavioural Economics and Business Ethics: Interrelations and Applications
Behavioural Economics and Business Ethics: Interrelations and Applications

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