ORDER ARTICLE PERMISSIONS/REPRINTS/OFFPRINTS/TEACHING NOTE
To order inspection copies, the teaching note, and/or permissions to include this article in textbooks, edited volumes, course booklets, online/digital course packs, etc., and/or to order multiple individual hard copies for classroom use, please use the appropriate form available on the Order Forms page or alternatively, contact the Publishing Editor, Peter Neilson, email@example.com directly.
© NeilsonJournals Publishing All Rights Reserved
The Relationship of Ethics and Law in Governing the Game of Business
Brian H. Kurbjeweit
University of Redlands, USA
Volume 8: 2011, pp. 55-62: ABSTRACT
A concept for teaching business ethics and its relationship with business law is developed. Legal regulations form the essential boundaries of the business game. Many students do not realize the degree to which law is dependent upon ethical actors to achieve its objectives. At least three examples are insightful in this regard: First, the interpretive requirements of legal rules often rely on the ethical character of the interpreting business actor to achieve their objectives. Second, law does not prohibit harms from occurring, it only associates costs with behaviors. Third, law cannot compensate society for non-fungible harms. Legal regulations do not sustain the orderly function of society without ethical business actors.