Abstract
With the great increase in litigation, insurance costs, and consumer prices, both managers and businesses should take a proactive position in avoiding liability. Legal liability may attach when a duty has been breached; many actions falling into this category are also considered unethical. Since much of business liability is caused by a breach of a duty by a business to either an individual, another business, or to society, this article asserts that the practice of liability prevention is a practical business application of ethics. In today's highly litigious environment, it is appropriate for the concept of general liability prevention to be included in corporate codes of ethics.
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Blodgett, M.S., Carlson, P.J. Corporate Ethics Codes: A Practical Application of Liability Prevention. Journal of Business Ethics 16, 1363–1369 (1997). https://doi.org/10.1023/A:1005718721517
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DOI: https://doi.org/10.1023/A:1005718721517