What Good Is a Set of Principles?

  • Ananda Das Gupta
Part of the India Studies in Business and Economics book series (ISBE)


Individuals acting in a professional capacity take on an additional burden of ethical responsibility. For example, professional associations have codes of ethics that prescribe required behavior within the context of a professional practice. Global ethics are the most controversial of the three categories and the least understood. Open to wide interpretation as to how or whether they should be applied, these principles can sometimes generate emotional response and heated debate.


Business Ethic Moral Obligation Environmental Responsibility Moral Duty Moral Rule 


  1. A Framework for Universal Principles of Ethics, Larry Colero, Crossroads Programs Inc. http://www.ethics.ubc.ca/papers/invited/colero.html
  2. Advice from Aristotle, James O’Toole, Santa clara University. http://www.scu.edu/ethics/publications/submitted/otoole/business-ethics-aristotle.html
  3. Deontological, Teleological and Virtue Ethics: Types of Ethical Systems. http://atheism.about.com/library/FAQs/phil/blfaq_phileth_sys.htm
  4. Lacznaik G (1983) Business ethics – a managers primer. Business, January–March; as cited in Reddy YRK, Ethics, corporate governance, and the state – the need for greater convergence; Founder Trustee-Academy of Corporate Governance and Chairman-Yaga Consulting Pvt. Ltd. http://www.academyofcg.org/archives/sep-2002.htm

Copyright information

© Springer India 2014

Authors and Affiliations

  • Ananda Das Gupta
    • 1
  1. 1.Jnana Bharathi CampusIndian Institute of Plantation ManagementBangaloreIndia

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