A conceptual model for ethical business decision-making under the influence of personal relationships
Original version
In International Journal of Business and Systems Research 2008 - Vol. 2, No.2 pp. 107 - 123Abstract
This paper proposes a conceptual model for ethical business decision-making. The purpose of
this model is to explore the ethical implications of personal relationship in business exchanges.
Firstly, this paper introduces personal relationship in business exchanges. Secondly, three
normative theories of ethics that are relevant to the business environment are presented. Thirdly,
a literature study on the existing models and frameworks for ethical business decision-making is
presented. Finally, a new model is presented; this model is developed using an approach based
on the theory of connection. The new model supports inclusion of mathematical modules for
autonomous ethical business decision-making.