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Why the Covid-19 Crisis Is an Ethical Issue for Business

Evidence from the Australian JobKeeper Initiative

Bibliographic Data

ID21465233
AuthorsGraciela Corral de Zubielqui (0000-0001-6653-0299, The University of Adelaide, corresponding author), Howard Harris (0000-0002-5654-0968, University of South Australia)
Year2024
Volume190
Issue1
Pages123-136
Publication date2024-02-01
Open AccessYes
TypeARTICLE
VenueJournal of Business Ethics (JOURNAL)
Journal identifiersISSN: 0167-4544 • E-ISSN: 1573-0697
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s10551-023-05392-2
PMID37359805
OpenAlexW4360856039
LanguageEN
Citations received2
References cited45

The COVID-19 virus was unveiled to the world as a health crisis and later also as an economic crisis. For some organisations, it has become an ethical crisis. This is certainly the case for large organisations in Australia, where the way many enterprises handled a government wage subsidy called JobKeeper led to a public backlash, media pressure, and a variety of responses ranging from ‘We acted legally’ to the full return of the subsidy. Some organisations later reported profits, and the public response indicated concern about this behaviour, many considering it immoral despite it being legally compliant. It is, we contend, a question to which stakeholder theory can be applied, examining how organisations view and respond to the public. We use content analysis of mainstream media to provide information about public reactions and information from official sources to confirm corporate action. We show that there is a significant ethical component in the public response to the behaviour of organisations as they respond to the crisis. COVID has been an ethical, health, and financial crisis for these organisations. Public pressure, exerted in and through the media, made the general public a definite stakeholder

Business · Business ethics · Crisis communication · Economics · Financial crisis · Mainstream · Political science · Public relations · Stakeholder · Subsidy · Corporate Social Responsibility Reporting · COVID-19 Pandemic Impacts · Law · Management and Organizational Studies

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Citations per year2
Citation span2026 - 2026 (1)
Highly citedNo

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