Ethical Prospects: Economy, Society and Environment by Zsolt Boda, Laszlo Fekete, Laszlo Zsolnai

By Zsolt Boda, Laszlo Fekete, Laszlo Zsolnai

Moral customers: financial system, Society, and atmosphere goals to offer and summarize new views and modern leads to ethics reflecting on interconnected financial, social and environmental matters. The yearbook stories on leading edge practices and coverage reforms and gives a discussion board for dialogue approximately groundbreaking theories. the most functionality of the yearbook is to offer principles and tasks that lead towards dependable enterprise practices, regulations for the typical stable and ecological sustainability. It seeks to shape a value-community of students, practitioners and policymakers engaged in real ethics in company, environmental administration, and public coverage.

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Many companies, particularly in the United States and Europe, have developed Codes of Conduct or Ethics Statements as forms of self-regulation or have issued “Social Audits” reporting on their environmental, employment, and other practices. • 8 Ethical precepts derived from religious traditions, humanistic philosophy, customs, mores and traditions provide principles of “right action” with regard to human interactions both individually and in organizational settings. If law, as I suggested above, often defines the base-line or lowest common denominator of acceptable corporate behavior, ethics functions on a higher plane articulating standards of conduct which “go beyond” the legally required.

Fekete concludes that as the production, use, and dissemination of knowledge and information are essentially cooperative enterprise, it is quite reserved proposal to appeal to rights holders for a gesture of goodwill, virtue, and decency without scrutinizing the legitimacy, social fairness, and economic efficiency of the current proprietary regime over knowledge and information goods as defined by the law. Well-defined and exclusive property rights are indispensable for promoting the allocative efficiency of the market.

Xix Ethical Prospects The proliferation of private ordering by means of licenses and standard form contracts brings about the pre-emption of the provisions of the prevailing intellectual property laws. The prevalence of contractual arrangements in the global communications network would be welcome if it were relied upon the voluntary, rational, and deliberate consent of parties. Fekete observes that the great majority of contracts completed in the online world does not depend upon the meeting of the minds of the parties.

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