• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKIGoogle ScholarCrossref
    • E-mail: joebm.editor@gmail.com
JOEBM 2022 Vol.10(1): 46-51 ISSN: 2301-3567
DOI: 10.18178/joebm.2022.10.1.672

Analysis of the Importance of Corporate Ethics to Modern Manufacturing —— Enterprises: A Case Study on TAKATA

Qin Yu, Li Mo, Wang Jiayao, Chang Yujin, and Li Wei

Abstract—Corporate ethics is often regarded as an important factor in whether a company can develop in the long run, but many companies always tend to ignore this point. This paper takes the safe quality issue of Japan TAKATA’s airbag as the object of case study and uses case study as the research method. Meanwhile, from the perspective of corporate ethics and based on the moral consequence, deontology, responsibility, and rationalization, this paper analyzes the causes of ethical problems caused by quality problems of the airbag which concealed by TAKATA. In addition, innovative enterprise management systems and compensation measures after accidents are proposed. In terms of moral consequence, the enterprise aims to make profits. Although TAKATA neglects social security and ethical issues in the process, it achieves its profit goal. From the viewpoint of deontology, although TAKATA has achieved the goal of high returns, it has violated the universal responsibility and rules in people’s hearts. On the basis of responsibility and rationalization, TAKATA employees generally agree that the transfer and spread of moral responsibility is a manifestation of the lack of moral responsibility. At the same time, it is emphasized that enterprises should improve their management system and strengthen internal ethics, and personnel at all levels should be responsible for the enterprise. In conclusion, from the perspectives of moral consequence, deontology, responsibility and rationality, this paper discusses that companies should attach great importance to corporate ethics and the related solutions mentioned, such as recalls and compensation, which also provide references for various types of enterprises.

Index Terms—Corporate ethics, consequence, deontology, responsibility and rationalization, case study, TAKATA.

Qin Yu and Li Mo are with Dongbei University of Finance and Economic, Dalian, China (e-mail: bm2018210887@sii.dufe.edu.cn, bm2018210324@sii.dufe.edu.cn). Wang Jiayao is with University of Science and Technology Beijing, Beijing, China (e-mail: 41707166@xs.ustb.edu.cn). Chang Yujin is with College of Foreign Language, Anhui University, Anhui, China (e-mail: G21814016@stu.ahu.edu.cn). Li Wei is with Sun Yat-sen University, Guangzhou, China (e-mail: liwei278@mail2.sysu.edu.cn).

[PDF]

Cite:Qin Yu, Li Mo, Wang Jiayao, Chang Yujin, and Li Wei, "Analysis of the Importance of Corporate Ethics to Modern Manufacturing —— Enterprises: A Case Study on TAKATA," Journal of Economics, Business and Management vol. 10, no. 1, pp. 46-51, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

Copyright © 2008-2024. Journal of Economics, Business and Management. All rights reserved.
E-mail: joebm.editor@gmail.com