This weekend provided an attention-grabbing alternative to debate, dissect and reflect on the state-of-the-art of business ethics analysis and some of its future trajectories. Donaldson, T. & T.W. Dunfee, 1999, Ties that Bind: A Social Contracts Approach to Business Ethics, Cambridge, MA: Harvard Business Press. Jensen, M.C. & W.H. Meckling, 1976, Theory of the Firm: Managerial Behavior, Agency prices, and Ownership Structure”, Journal of Financial Economics, 3(4): 305-360. Business persons are not solely at their greatest when making a revenue, but in doing in order that they make an unlimited optimistic contribution.
Believe that company ethics insurance policies are primarily rooted in utilitarian issues, and that they are primarily to restrict the company’s legal legal responsibility, or to curry public favour by giving the looks of being an excellent corporate citizen. For most of its brief history, definitely until the mid 1990ties scholarly work in enterprise ethics was principally trying …