Philosophical Underpinnings to Corporate Governance: A Collibrational Approach

Abstract

Over the past decade, there has been increasing evidence describing the relational consequences of ordinary business decisions, the demand for moral values in business decision making, and the corporation as the vital participant in establishing socially preferable conduct on the part of business. Our analysis complements the growing literature on the intricate and active international business ethics context, business ethics as a phenomenon of organizational culture, and business-driven forms of CSR. The objective of this paper is to emphasize firms' adherences to ethical business behavior and probity, business ethics's emphasis on business entities as ethical factors in and of themselves, and ethics as a customary segment of business practice. The findings of this study have implications for the link between business priorities and ethical concerns within a business entity, business ethics as a selfconscious manner of considering business, and grounds for motivating ethical business practices.