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Legal Context of Business Ethics

Summary/Abstract: Ethics in business, as well as in all areas of life, is becoming increasingly vital in contemporary society. Article builds on the intuitive, but generally accepted assumption that the principles of business ethics leads ultimately, in the long term, to more efficient economic system based on profitability. A secondary aim and ambition of this article is to highlight some legal aspects in the context of business ethics. Without ethics, respect for the individual and respect for the fundamental rights guaranteed in the Basic Law of the State (Constitution), can not expect success even in economic life.

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