Business

 Ethics  and  Social  

Responsibility:  The  Influence  of  
Filipino  Value  System  in  Business  
Prac?ce.  
Week  7  
 FILIPINO  VALUE  SYSTEM  

•  It  is  defined  by  the  way  people  live  with  

their  family  as  an  influence  of  one’s  
culture.  
 FILIPINO  VALUE  SYSTEM  

•  It  refers  to  the  set  of  values  that  a  

majority  of  the  Filipino  have  historically  
held  important  in  their  lives.  
 FILIPINO  VALUE  SYSTEM  

•  It  includes  own  unique  collec?on  of  

consistent  ideologies,  moral  codes,  
ethical  prac?ces,  e?queKe,  and  cultural  
and  personal  values  that  are  encouraged  
by  society.  
 FILIPINO  VALUE  SYSTEM  

•  It  is  primarily  rooted  in  personal  alliance  

systems,  especially  those  based  in  
kinship,  obligaIon,  friendship,  religion  
(par?cularly  Chris?anity)  and  
commercial  relaIonships.  
 FILIPINO  VALUE  SYSTEM  

•  Philisophical  basis:  Filipino  values  are  

centered  at  maintaining  social  harmony,  
mo?vated  primarily  by  the  desire  to  be  
accepted  within  a  group.  
FILIPINO  VALUE  SYSTEM  
significantly  influences  
business  pracIces.    
 Filipino  business  values  are  
greatly  affected  by  family-­‐  
oriented  laws  prevailing  in  the  
country.  
 Filipino  business  values  are  
greatly  affected  by  family-­‐  
oriented  laws  prevailing  in  the  
country  like  the  Family  Code  of  
the  Philippines.  
 The  Family  Code  of  the  Philippines  
(art.209)  provides  that  the  “the  
parents  and  those  exercising  parental  
authority  shall  have  with  respect  to  
their  unemancipated  children  or  
wards  the  following  rights  and  duIes.  
 Collabora?ve  Task  
•  How  can  businesses  promote:  To  provide  
them  with  moral  and  spiritual  guidance,  
inculcate  in  them  honesty,  integrity,  self-­‐
discipline,  self-­‐reliance,  industry  and  thriQ,  
s?mulate  their  interest  in  civic  affairs,  and  
inspire  in  them  compliance  with  the  du?es  
of  ci?zenship,  which  is  stated  in  the  Family  
Code  of  the  Philippines.