Business Learning Community

“Become who you want to be.”

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

[cite]

Back to: BUSINESS ETHICS

What is the role of ethics in law?

  • Both ethics and law deal with right and wrong and foster social cooperation.
    • Societys ethical values become law through legislation and we often associate complying with the law as ethically correct.
  • That the state enforces law but that personal ethics are voluntarily observed.
  • Ethical systems are a broader based commitment to proper behavior than law.
    • The values found in ethics may be imposed on an individual, but motivation to observe moral rules comes from within.
  • That ethical values frequently become law and that legal regulation reflects ethical values.
    • Ex. Civil Rights Act of 1964
  • Legal regulation is a significant source of values for business.
    • The motivation to observe the law come from outside oneself i.e., legal consequences.
    • Personal ethics is a much higher standard than legal compliance which is a bare minimum.