A New Generation of Corporate Codes of Ethics

Journal of Business Ethics 90 (4):607-622 (2009)
  Copy   BIBTEX

Abstract

Globalization theories posit organizational convergence, suggesting that Codes of Ethics will become commonplace and include greater consideration of global issues. This study explores the degree to which the Codes of Ethics of 157 corporations on the Global 500 and/or Fortune 500 lists include the "third generation" of corporate social responsibility. Unlike first generation ethics, which focus on the legal context of corporate behavior, and second generation ethics, which locate responsibility to groups directly associated with the corporation, third generation ethics transcend both the profit motive and the immediate corporate environment. Third generation ethics are grounded in responsibilities to the larger interconnected environment. The results of the study suggest convergence, insofar as Codes of Ethics are becoming standard communication features of corporations across region and industrial sector but still manifest a primary concern with profits and those behaviors which are mandated by law. Only corporations headquartered in the European Union demonstrate a significant degree of global consciousness and reflexivity. However, there is some evidence that third generation ethics and thinking are becoming part of the corporate landscape. More then three quarters of the corporations made at least some reference to third generation ethics

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 76,363

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

A Code of Ethics for Corporate Code of Ethics.Mark S. Schwartz - 2002 - Journal of Business Ethics 41 (1-2):27 - 43.
Corporate codes of ethics.Leonard J. Brooks - 1989 - Journal of Business Ethics 8 (2-3):117 - 129.
Questioning corporate codes of ethics.Mollie Painter-Morland - 2010 - Business Ethics, the Environment and Responsibility 19 (3):265-279.

Analytics

Added to PP
2009-04-20

Downloads
100 (#125,586)

6 months
2 (#299,675)

Historical graph of downloads
How can I increase my downloads?