Equilibrium unemployment and Ethics: Difference between pages

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imported>Doug Williamson
(Link with Equilibrium page.)
 
imported>Doug Williamson
(Link with Institute of Business Ethics page.)
 
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''Economics''.
== Definitions of ethics ==
#Moral principles.
#Principles which govern the conduct of any individual or corporate member of a professional organisation.
 
 
== Characteristics of ethical issues ==
The Institute of Business Ethics (IBE) identifies the following characteristics, to help to determine whether a business issue is an ethical issue.
 
If one or more of these characteristics is present, it is likely to be an ethical issue:
 
* One individual's 'right' decision about the issue may not be the same as another's 'right' decision.
 
The issue:
* raises moral questions
* is not covered by law
* compromises personal or organisational values
* is against any code of ethics or code of practice
* involves personal duties and responsibilities or
* provokes the responses 'should I?' or 'ought I?'
 
 
 
== Tests of ethical behaviour ==
The IBE has identified a number of key tests to help to determine whether a course of action, or inaction, is ethical:
 
* Is the action legal, transparent and fair?
* Who will it affect?
* Who benefits?


Where there is an excess of people looking for work over those who are prepared to take the work.


== See also ==
== See also ==
* [[Disequilibrium unemployment]]
* [[ACT Competency Framework]]
* [[Equilibrium]]
* [[ACT Ethical Code]]
* [[Agency risk]]
* [[Business ethics]]
* [[Code of practice]]
* [[Corporate governance]]
* [[Corporate social responsibility]]
* [[Ethical business]]
* [[IESBA]]
* [[Institute of Business Ethics]]
* [[The Code]]
 
 
==Other links==
[http://www.treasurers.org/node/9783 Does ethics matter? The Treasurer 2010]
 
[[Category:Self_management_and_accountability]]
[[Category:Ethics]]

Revision as of 12:30, 11 February 2017

Definitions of ethics

  1. Moral principles.
  2. Principles which govern the conduct of any individual or corporate member of a professional organisation.


Characteristics of ethical issues

The Institute of Business Ethics (IBE) identifies the following characteristics, to help to determine whether a business issue is an ethical issue.

If one or more of these characteristics is present, it is likely to be an ethical issue:

  • One individual's 'right' decision about the issue may not be the same as another's 'right' decision.

The issue:

  • raises moral questions
  • is not covered by law
  • compromises personal or organisational values
  • is against any code of ethics or code of practice
  • involves personal duties and responsibilities or
  • provokes the responses 'should I?' or 'ought I?'


Tests of ethical behaviour

The IBE has identified a number of key tests to help to determine whether a course of action, or inaction, is ethical:

  • Is the action legal, transparent and fair?
  • Who will it affect?
  • Who benefits?


See also


Other links

Does ethics matter? The Treasurer 2010