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A Historic View of the US Business Ethical Laws and Implications for Developing Countries like China

Bibliographic Data

ID12968382
AuthorsZhu Zhengguo (Guangdong University of Foreign Studies), Wenzhong Zhu (0000-0002-3722-7378, Guangdong University of Foreign Studies, corresponding author)
Year2016
Volume8
Issue3
Pages49-49
Publication date2016-06-13
Open AccessYes
TypeARTICLE
VenueReview of European Studies (JOURNAL)
Journal identifiersISSN: 1918-7173 • E-ISSN: 1918-7181
PublisherCanadian Center of Science and Education (PUBLISHER)
DOI10.5539/res.v8n3p49
OpenAlexW2436385813
LanguageEN
References cited4

In the nearly 150 years of the US history, following big historical events or business ethical dilemmas, the business ethical laws have evolved gradually, which can be divided into 11 stages in 4 levels. In each stage, the emphases or governance purposes of the business ethical laws differ greatly, but tend to bear the sign of the times. Through the systematic review and analysis, the paper concludes that in a specific era of the history, when facing a specific ethical dilemma, the government or regulatory authority will develop and perfect the related regulations or norms of business ethical behaviors in line with the feature of the period so as to effectively prevent or solve the ethical problems in the business environment. The practice of the US institutional construction may be of some enlightenment for developing countries like China

Business · Business ethics · China · Corporate governance · Dilemma · Economics · Enlightenment · Ethical dilemma · Government (linguistics · Law and economics · Management · Political science · Sociology · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Ethics in Business and Education · Law

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    Adam Smith•Readings in Economic Sociology•2002

  • Corporate Social Responsibility

    Open Access•Archie B Carroll•Business & Society•1999

  • The Social Responsibility of Business Is to Increase Its Profits

    Milton Friedman•Corporate Ethics and Corporate…•2007

Highly citedNo

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