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The Ethics of Development: Management in a Global Era

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Abstract

The term “ethics” comes from the Greek word ethos which means accepted customs and traditions of a society; later, in Roman times, the term was translated into Latin as mores, which is the root of the words morals and morality. Sometimes, these two terms, “ethics” and “morality” are used as virtual synonyms. However, they mean different things. Ethics refers to fundamental values and principles underlying human action; morality refers to the observance of socially acceptable and customary practices. Nowadays, the common use of these terms is cast in terms of what is good or evil, right and wrong, as well as the appropriate conduct of people in a society (Engel, 1990: 6)

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© 2007 O.P. Dwivedi, R. Khator, J. Nef

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Dwivedi, O.P., Khator, R., Nef, J. (2007). The Ethics of Development: Management in a Global Era. In: Managing Development in a Global Context. Palgrave Macmillan, London. https://doi.org/10.1057/9780230627390_11

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