How graduate business schools professors can assist in reducing todayÂ’s lack of ethics in business

This paper discusses how graduate business school professors can assist in reducing todayÂ’s lack of ethics in business by orienting future corporate leaders on how to behave and decide properly when confronted with the myriad ethical dilemmas of the corporate world. To accomplish this, graduate business school professors have to be able to make future leaders understand what is right and what is wrong from the ethical point of view. This requires that they engage these future leaders in philosophical discussions on ethics in business, particularly to deconstruct the misconceptions that justify todayÂ’s unethical behavior. To help them in these discussions this paper presents three explanations for todayÂ’s unethical behavior, the most important misconceptions built on five half-truths, and the fundamental ethical principles and the requisites of skilled ethical reasoning.