Strengthening ethical guardrails for emerging technology businesses

Purpose – The purpose of this paper is to make the case that ethical guardrails in emerging technology businesses are inadequate and to develop solutions to strengthen these guardrails. Design/methodology/approach – Based on literature and first principles reasoning, the paper develops theoretical a...

Full description

Bibliographic Details
Main Author: Murali Chari
Format: Article
Language:English
Published: Emerald Publishing 2023-12-01
Series:Journal of Ethics in Entrepreneurship and Technology
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JEET-06-2023-0009/full/pdf
_version_ 1797234840893915136
author Murali Chari
author_facet Murali Chari
author_sort Murali Chari
collection DOAJ
description Purpose – The purpose of this paper is to make the case that ethical guardrails in emerging technology businesses are inadequate and to develop solutions to strengthen these guardrails. Design/methodology/approach – Based on literature and first principles reasoning, the paper develops theoretical arguments about the fundamental purpose of ethical guardrails and how they evolve and then uses this along with the characteristics that distinguish emerging technology businesses to identify inadequacies in the ethical guardrails for emerging technology businesses and develop solutions to strengthen the guardrails. Findings – The paper shows that the ethical guardrails for emerging technology businesses are inadequate and that the reasons for this are systematic. The paper also develops actionable recommendations to strengthen these guardrails. Originality/value – The paper develops the novel argument that reasons for the inadequate ethical guardrails in emerging technology businesses are systematic and stem from the inadequacy of laws and regulations, inadequacy of boards and the focus of business executives.
first_indexed 2024-04-24T16:38:28Z
format Article
id doaj.art-8081f34d2b9a40af8daac027a6d9388e
institution Directory Open Access Journal
issn 2633-7436
2633-7444
language English
last_indexed 2024-04-24T16:38:28Z
publishDate 2023-12-01
publisher Emerald Publishing
record_format Article
series Journal of Ethics in Entrepreneurship and Technology
spelling doaj.art-8081f34d2b9a40af8daac027a6d9388e2024-03-29T11:08:15ZengEmerald PublishingJournal of Ethics in Entrepreneurship and Technology2633-74362633-74442023-12-013212714210.1108/JEET-06-2023-0009Strengthening ethical guardrails for emerging technology businessesMurali Chari0Lally School of Management, Rensselaer Polytechnic Institute, Troy, New York, USAPurpose – The purpose of this paper is to make the case that ethical guardrails in emerging technology businesses are inadequate and to develop solutions to strengthen these guardrails. Design/methodology/approach – Based on literature and first principles reasoning, the paper develops theoretical arguments about the fundamental purpose of ethical guardrails and how they evolve and then uses this along with the characteristics that distinguish emerging technology businesses to identify inadequacies in the ethical guardrails for emerging technology businesses and develop solutions to strengthen the guardrails. Findings – The paper shows that the ethical guardrails for emerging technology businesses are inadequate and that the reasons for this are systematic. The paper also develops actionable recommendations to strengthen these guardrails. Originality/value – The paper develops the novel argument that reasons for the inadequate ethical guardrails in emerging technology businesses are systematic and stem from the inadequacy of laws and regulations, inadequacy of boards and the focus of business executives.https://www.emerald.com/insight/content/doi/10.1108/JEET-06-2023-0009/full/pdfEthical guardrailsEmerging technology businessesBoardsNegative externalities
spellingShingle Murali Chari
Strengthening ethical guardrails for emerging technology businesses
Journal of Ethics in Entrepreneurship and Technology
Ethical guardrails
Emerging technology businesses
Boards
Negative externalities
title Strengthening ethical guardrails for emerging technology businesses
title_full Strengthening ethical guardrails for emerging technology businesses
title_fullStr Strengthening ethical guardrails for emerging technology businesses
title_full_unstemmed Strengthening ethical guardrails for emerging technology businesses
title_short Strengthening ethical guardrails for emerging technology businesses
title_sort strengthening ethical guardrails for emerging technology businesses
topic Ethical guardrails
Emerging technology businesses
Boards
Negative externalities
url https://www.emerald.com/insight/content/doi/10.1108/JEET-06-2023-0009/full/pdf
work_keys_str_mv AT muralichari strengtheningethicalguardrailsforemergingtechnologybusinesses