In the increasingly conscience-focused 21^st century, the demand for ethical business practices (known as "Ethicism") is increasing. There is simultaneous pressure to improve business ethics through new public initiatives and laws. Historically, interest in business ethics accelerated dramatically during the 1980s and 1990s in major corporations and academia. The recent downfall of major corporations due to unethical practices has increased the focus on this issue more than ever before.

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