study of ethics definition
Ethics is defined as a moral philosophy or code of morals practiced by a person or group of people. An example of ethics is a the code of conduct set by a business. the study of standards of conduct and moral judgment; moral philosophy. a treatise on this study.
DEFINITION of 'Business Ethics'. The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities.usiness ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses.