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Professional ethics encompass the personal and corporate standards of behavior expected of professionals. [1] The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions: divinity, law, and medicine. [2]
Philosophy ('love of wisdom' in Ancient Greek) is a systematic study of general and fundamental questions concerning topics like existence, reason, knowledge, value, mind, and language.
Some general characteristics of philosophy are widely accepted, for example, that it is a form of rational inquiry that is systematic, critical, and tends to reflect on its own methods. But such characteristics are usually too vague to give a proper definition of philosophy.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
Applied ethics has expanded the study of ethics beyond the realms of academic philosophical discourse. [7] The field of applied ethics, as it appears today, emerged from debate surrounding rapid medical and technological advances in the early 1970s and is now established as a subdiscipline of moral philosophy.
According to Aristotle, how to lead a good life is one of the central questions of ethics. [1]Ethics, also called moral philosophy, is the study of moral phenomena. It is one of the main branches of philosophy and investigates the nature of morality and the principles that govern the moral evaluation of conduct, character traits, and institutions.
Professional responsibility is defined by professional accepted standards of personal behaviour, moral values, and personal guiding principles. [16] Codes for professional responsibility may be established by professional bodies or organizations to guide members in performing functions to a consistent ethical set of principles. [17]
Michael Davis (born 6 February 1943) is an American philosopher specializing in professional ethics. He is Professor of Philosophy at the Illinois Institute of Technology, and Senior Fellow at its Center for the Study of Ethics in the Professions.