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...
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2023-12-01
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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 |
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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 |