Abstract

The paper aims to reflect upon the significance of interrelationship of ethics and business in multinational corporate world. The issue of focus is: Which is appropriate course for pursuing business without ethics or business with ethics? To arrive at a just resolve, the paper attempts to see the pros and cons of introducing ethics into business. The pivotal problem seems to lie with regard to the concept of 'profit making' in business. Business corporates are apprehensive of not being able to earn 'maximum'-profit if business activity is pursued with moral considerations. On the other hand, those who argue for ethics in business emphasize that ethical values are prior to 'maximization' of profit making. On their view, the point of emphasis is that it is after-all human beings for which business activity is carried out. As such, business (must) is to 'serve' them rather than make them 'suffer'. By the term 'human beings', we mean here the concept of 'society' and not 'individual'-in-isolation from other individuals. Nevertheless, to mean this, it is not to deny the fact that individual is a species of society. Also, it is defensively argued that the apprehension that ethical behaviour negatively affects profit making in business is not true on the ground that contrarily in fact ethical attitude is really consistent with rather than obstructive to business pursuit for a healthy society and abhyudaya (i.e., for rise and prosperity for all). Hence the case for ethics in business.