Currently, business management is far from being recognised as a profession. This paper suggests that a professional spirit should be developed which could function as a filter of commercial reasoning. Broadly, management will not be organised within the framework of a well-established profession unless formal knowledge, licensing, professional autonomy and professional codes of conduct are developed sufficiently. In developing business management as a profession, law may play a key role. Where the idea is that business management should be more professsionalised, managers must show that they are willing to adopt ethical values, while arriving at business decisions. The paper argues that ethics cannot survive without legal regulation, which, in turn, will not be supported by law unless lawyers can find alternative solutions to the large mechanisms of the official society, secured by the monopolised coercion of the nation state. From a micro perspective of law and business ethics, communities can be developed with their own conventions, rules and standards that are generated and sanctioned within the boundaries of the communities themselves.
ABA Model Code of Professional Responsibility
, adopted by the American Bar Association on 12 August 1969 (and amended several times).
Bagley, C. E. — Clarkson, G. — Power, R. (2006): Deep Links: Business School Students’ Perceptions of the Role of Law and Ethics in Business.
Harvard Business School, Working Paper
Brandeis, L. D. (1912): Business — a profession (An address delivered at Brown University Commencement Day, 1912).
Buber, M. (1995):
Ich und Du
. Stuttgart: Philipp Reclam.
Gulick, L. (1937): Notes on the Theory of Organisation with Special Reference to Government in the United States. In: Gulick, L. — Urwick, L. (eds):
Papers on the Science of Administration
, New York: Institute of Public Administration.
Gulick L., '', in Papers on the Science of Administration, (1937) -.
Gulick L.Papers on the Science of Administration1937)| false