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How democratization occurs has also been used to explain other political phenomena, such as whether a country goes to a war or whether its economy grows. [4] The opposite process is known as democratic backsliding or autocratization.
Workplace democracy is the application of democracy in various forms to the workplace, such as voting systems, debates, democratic structuring, due process, adversarial process, and systems of appeal. It can be implemented in a variety of ways, depending on the size, culture, and other variables of an organization.
In political science and in international and comparative law and economics, transitology is the study of the process of change from one political regime to another, mainly from authoritarian regimes to democratic ones rooted in conflicting and consensual varieties of economic liberalism.
Industrial democracy is an arrangement which ... are listened to and take part in the decision-making process, ... of a business take part in election of company ...
Democratic backsliding [a] is a process of regime change toward autocracy in which the exercise of political power becomes more arbitrary and repressive. [24] [25] [26] The process typically restricts the space for public contest and political participation in the process of government selection.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
Economic democracy (sometimes called a democratic economy [1] [2]) is a socioeconomic philosophy that proposes to shift ownership [3] [4] [5] and decision-making power from corporate shareholders and corporate managers (such as a board of directors) to a larger group of public stakeholders that includes workers, consumers, suppliers, communities and the broader public.
In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [ 1 ]