Ethics

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Ethics

Standards of conduct or moral judgment.

Ethics

The study and practice of appropriate behavior, regardless of the behavior's legality. Certain industries have professional organizations setting and promoting certain ethical standards. For example, an accountant may be required to refrain from engaging in aggressive accounting, even when a particular type of aggressive accounting is not illegal. Professional organizations may censure or revoke the licenses of those professionals who are found to have violated the ethical standards of their fields.

In investing, ethics helps inform the investment decisions of some individuals and companies. For example, an individual may have a moral objection to smoking and therefore refrain from investing in tobacco companies. Ethics may be both positive and negative in investing; that is, it may inform where an individual makes investments (e.g. in environmentally friendly companies) and where he/she does not (e.g. in arms manufacturers). Some mutual funds and even whole subdivisions are dedicated to promoting ethical investing. See also: Green fund, Islamic finance.
References in periodicals archive ?
Just as the Marines have two approaches to developing and testing physical fitness, the traditional PFT and the CFT, specific ethical competency development would benefit from a structured approach consisting of both the traditional and warrior-specific applications of traditional ethical systems. While conventional ethical training can and does meet many of the warrior ethical competency requirements, providing both principles and guidance for the application of those principles, it is insufficient.
There is, however, a candidate for a fourth ethical system. It goes back to Plato and Aristotle, and yet it has been subject to a significant revival in recent decades.
58 per cent considered Islamic finance to be an ethical system of finance and one which considers the impact of its activities on society.
Classical scholars like Imam Abu Hanifa absorbed learning from all corners of the then known world, and built upon the principles laid out in the Quran - principles common to the Bible - to formulate an ethical system of commerce, where honesty, transparency, fairness and protection of the weak were paramount.
Rather it is the idea that it is wrong because it doesn't fit with our ethical system, which is clearly the only correct ethical system in existence.
And surely we can organise a proper and ethical system so that except for emergency cargoes, trucks are processed on an equitable first come, first served basis.
Even if you assume there is one true ethical system, you still have to decide for yourself which system that is, and different people will decide differently.
From among other constituents of spiritual health with Descartes is the suggestion of a provisional ethical system, a system in which there is no executive guarantee for some principles such as observing civil laws, respecting law and the elderly and etc.
It also shed light on the ethical system in the heritage of the nation and the relationship between the ethics and cultural development and developing the contribution of social institutions in achieving the prospective ethical construction.
Directions of internal employee movements, as promotions, retrogressions, relocations and dismissals also may be efficient tools in improvement of the enterprise's ethical system, provided they are based on clear, understandable, righteous and reasonable criterions.
Without necessary controls based on a knowledge of all the limits with which we must live, and our ethical system for their application to market transactions, things can only get worse.
It would monitor the outgoing behavior of the robot and transform it into behavior "consistent with any ethical system conceivably, but ideally the internationally agreed upon laws of war and rules of engagement."