Cicero describes natural law as 'right reason in agreement with nature...of
universal application, unchanging and everlasting'. A fundamental part of
natural law is the existence of absolute and unchanging values of right and
wrong. In the world of business, priorities are constantly changing: there
is no set purpose for businesses that underpins their existence. As a
result of this, it can be claimed that natural moral law cannot be applied
to issues of business ethics. Natural moral law is very much concerned with
good, evil and the role of human reason in istinguishing between the two.
Business ethics does not often involve clear cut decisions between right
and wrong; more often than not businesses are concerned with balancing
the interests of shareholders, with those of employees and customers.
Therefore, it can be maintained that the absolute principals of natural
moral law are not useful when applied to the complex issues raised by business
Both the Aristotelian and Thomist forms of natural moral law are concerned
with human purpose as a whole. Aristotle believed that the goal of every
human was to achieve 'eudaimonia' or all-round flourishing as a human
being. Aquinas, on the other hand related his ideas of purpose to the
Christian beliefs of achieving unison with God and receiving beatific
vision. From such a viewpoint, Aquinas deduced five 'primary precepts' that
he felt needed to be adhered to in order to 'do good and avoid evil'.
These were self-preservation, reproduction, education, living in society,
and worshiping God. It is the narrow nature of these precepts that present
one of the initial problems encountered when applying natural moral law to
business ethics. Most businesses do not aim to fulfill the 'human purpose' -
they have been established as a means of providing a service that generates
If businesses were forced to create secondary precepts that promote
such ...