For Genuine Business Ethics

Laszlo Zsolnai (Ed.): For Genuine Business Ethics. Business Ethics Center, Corvinus University of Budapest, Budapest, 2018.

For Genuine Business Ethics

This book summarizes the 25 years work of the Business Ethics Center of the Corvinus University of Budapest. Main findings include the following:

  1. Economic behavior is multifaceted and context-dependent. Two major factors determine the ethicality of economic behavior: the moral character of the actor and the relative cost of ethical behavior.
  2. The fairness of procedures is a major determinant of the willingness of cooperation of economic actors.
  3. Actors who are intrinsically committed to the common good and define success in multi-dimensional terms are inclined to serve nature, society and future generations.
  4. Spirituality can play a major creative role in the deliberation of economic decisions and actions.
  5. Sufficiency-oriented, community-based economic models are crucial for achieving a stable Earth-Human system.
  6. Only non-materialistic value orientation can produce real material wellbeing for people.

 

For Genuine Business Ethics report