Business Ethics: Is This Statement An Oxymoron?

Posted on 12/30/2010 by Jim Pickerell | Printable Version | Comments (3)

Many believe the concept of business ethics has become an oxymoron. Do a Google search and you’ll find reams and reams of explanations of what ethical business practices are, or should be. Every major corporation has a place on its web site that outlines the company’s ethical principles. Some companies test all employees annually to insure that they clearly understand the company’s ethical policies and procedures. Often these principles seem to boil down to two over riding rules: (1) Maximize Shareholder and Manager Wealth and (2) Do What Is Legal.

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Copyright © 2010 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.

Comments

John Harris Posted Dec 31, 2010
Excellent points Mr Pickerell. There is also the ethics of production. As members of the NUJ in the UK we have an ethical code. At the London Photographers Branch we have also sort to extend this into photojournalism believing that a commitment to the voracity of data is an important distinction between professional and amateur production. This has commercial implications as the professional should be able to guarantee they are not delivering photoshopped fictions where the intention is to report reality. Happy New Year.

John Harris Posted Jan 1, 2011
Dooh! Sorry that should have been "veracity of data" not "voracity"!!

Sarah Saunders Posted Jan 3, 2011
Good thoughts for the new year. Till ringing is not the only sound of music for good business. Relationships and real ethics make us all richer in the end.

Happy New Year!

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