Original Research

Ethics with an economic method: A new perspective on business ethics

Petrus Naude
South African Journal of Business Management | Vol 52, No 1 | a2910 | DOI: https://doi.org/10.4102/sajbm.v52i1.2910 | © 2021 Petrus Naude | This work is licensed under CC Attribution 4.0
Submitted: 10 September 2021 | Published: 16 November 2021

About the author(s)

Petrus Naude, Faculty of Economic and Management Sciences, Stellenbosch Business School, Bellville, South Africa


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Abstract

Purpose: The purpose of this article was to review the book of Christoph Lütge and Matthias Uhl (2021) entitled Business ethics. An economically informed perspective (Oxford University Press).

Design/methodology/approach: The approach followed is to give an overview of the book’s content, appraise the positive contribution followed by some critical questions for further discussions.

Findings/results: The key finding is that the book, indeed, contributes to establish ethics with an economic method as a novel approach.

Practical implications: Practical implications are found in both the approach to global ethics and especially to risk management design.

Originality/value: The value of the book lies in its use as a handbook at a graduate level and as a guide to managers to implement corporate-level ethics.


Keywords

ethics; business; economics; experimental methods; global ethics; corporate ethics

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