The concept of business ethics circles in the context of sustainable development
Drobot E. Petrenko Y. Hajduk L. Bencic S.
2024EnPress Publisher, LLC
Journal of Infrastructure, Policy and Development
2024#8Issue 7
Business ethics plays a crucial role in developing modern business and the entire society. Thus, to develop the conceptual framework of business ethics, it is extremely interesting to study the concepts connected with it. The article identifies the main terms and concepts associated with business ethics. On this basis, the authors’ conceptual framework of business ethics was created. Within this conceptual framework, it is shown that each business unit builds and maintains relationships with stakeholders within two “circles of business ethics”: the inner circle of business ethics and the outer circle of business ethics. The article proves the hypothesis that business ethics should be considered in the context of relationships with all stakeholders, i.e., it is the ethics of business relationships with partners and competitors in the external environment, as well as within the internal environment (primarily with employees). The article will be of interest to specialists in the field of management, and corporate governance, as well as for anyone interested in the problems of corporate social management.
business ethics , corporate culture , corporate social responsibility , ethics code , sustainable development , trust
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Department of Languages and Translation, LLP “Center AT”, Karaganda, 100019, Kazakhstan
Eurasian Academy, Bratislava, 81103, Slovakia
Faculty of Mass Media, Pan European University, Bratislava, 82009, Slovakia
Department of Languages and Translation
Eurasian Academy
Faculty of Mass Media
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