ABSTRACT
This chapter addresses business ethics tools and their possibilities to enforce the processes of organizational changes and socioeconomic development in transitional countries. It highlights the need for instrumentally creating organizational changes assured by ethics management. The chapter analyzes sociocultural obstacles that impede required changes, examines their conditionality, and discusses the purposeful reconstruction of organizational processes through ethics institutionalization. Contemporary ethics were derived from their traditional philosophic frames of a spiritual destination; were applied to real life, management, and economics; and became an integral multiplier of socioeconomic life on meso and macro levels. In today’s practice, the promotion of socioeconomic changes with the help of business ethics often goes under the banner of corporate social responsibility. Ethics targets are only being declared and are not being operationalized in practice; the moral nihilism and cynicism remain in public consciousness.
