Business Quote by Michael Josephson
“There's no such thing as business ethics; there's just ethics. And ethics makes no concessions for the real or imagined necessities of making a profit.”
About This Quote
Source Speech: Business Ethics Lecture, Michael Josephson, 2005
Ethics should guide business decisions, not be compromised for profit motives.
In simple terms: Ethics over profit.
Prioritize ethical standards.
Themes
Mood
Type
When to use this quote
- corporate governance
- investment decisions
- consumer trust
- regulatory compliance
Key Concepts
Questions to Reflect On
- How can firms balance profit with ethical duties?
- What are the costs of ignoring ethics?
Ethics may clash with competitive pressures.