Business Ethics in the 21st Century.Material type: TextSeries: eBooks on DemandIssues in Business Ethics / Eminent Voices in Business Ethics: Publisher: Dordrecht : Springer, 2013Description: 1 online resource (245 p.)ISBN: 9789400762237Subject(s): Business ethics | Corporate culture -- Moral and ethical aspects | Leadership -- Moral and ethical aspects | Moral developmentGenre/Form: Electronic books.Additional physical formats: Print version:: Business Ethics in the 21st CenturyDDC classification: 174.4 | 174/.4 LOC classification: HF5387Online resources: Click here to view this ebook.
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Business Ethics in the 21st Century; Introduction by the Series Editors; Preface; Editorial Board Issues in Business Ethics; Editorial Board Eminent Voices in Business Ethics; Contents; Part I: Economic Issues in Business Ethics; Chapter 1: Fair Markets Revisited; Morality as a Ground of Legal Decisions; A Rejoinder and Reply; Advice for Managers; Characteristics of Fairness; Objections and Replies; Conclusion; Chapter 2: What's Wrong with Efficiency and Always Low Prices; Introduction; The Problem; Some Observations from Home and Abroad; What Some Others Are Saying; The Issue or Issues
What's to Be DoneObjections and Replies; Conclusion; Chapter 3: Economics, Friend or Foe of Ethics; Economics as Foe; Foe: Adherence to Psychological Egoism; Foe: Assumptions of Agency Theory; Dropping the "No Transaction Costs" Assumption: Transaction Cost Economics; Turning Economics from Foe to Friend; Codes of Ethics; The Importance of a Good "Ethical Climate"; Multinationals and Universal Standards; The Argument for Universal Ethical Values; An Argument for Truly Universal Standards of Business Ethics; A Complication; Fairness as an Explanatory Variable in Economics and Management Theory
ConclusionPart II: Philosophical Issues in Business; Chapter 4: Kantian Themes; Why Kant; Organization of This Chapter; Rethinking and Defending Business Ethics : A Kantian Perspective; Chapter 1 Immoral Business Practices; Chapter 2 Treating the Humanity of Stakeholders as Ends Rather than as Means Merely; Chapter 3 The Firm as a Moral Community; Chapter 4 Acting from Duty: How Pure a Motive?; Chapter 5 The Cosmopolitan Perspective; The New Generation of Scholars Applying Kant to Business Ethics; Aristotle-Not Kant; Kantian Accounts of Corporate Social Responsibility; Conclusion
Chapter 5: Limitations of the Pragmatist Approach to Business EthicsBackground; Rorty's Contingency, Irony, and Solidarity; Why Literature Misleads; Rorty's Address Before the Society for Business Ethics; The Pragmatism of Ed Freeman and Some of His Students; Should Stakeholder Theorists Adopt a Pragmatist Methodology?; Concluding Thought; Part III: International Issues in Business Ethics; Chapter 6: Varieties of Corporate Social Responsibility; The Maximization of Shareholder Wealth Capitalism-American Finance Based Capitalism; Corporate Social Responsibility as Charity
An Addendum to the Classical American View: Stakeholder CapitalismSocial Responsibility Under the Stakeholder Model; The European Sustainability Version of Capitalism; Philanthropy, the Safety Net, and Human Rights; The Business Case for Social Responsibility; Corporate Social Responsibility in Asia; Japan; India; China; Evidence That China Seems to Lack a Sense of Corporate Social Responsibility; Which Version of Corporate Social Responsibility Should a Country Adopt?; The Moral Argument for Sustainability; Why Philanthropy Is Not Enough
Does China Need Corporate Social Responsibility to Survive
This work provides a critical look at business practice in the early 21st century and suggests changes that are both practical and normatively superior. Several chapters present a reflection on business ethics from a societal or macro-organizational point of view. It makes a case for the economic and moral superiority of the sustainability capitalism of the European Union over the finance-based model of the United States. Most major themes in business ethics are covered and some new ones are introduced, including the topic of the right way to teach business ethics. The general approach adopted
Description based upon print version of record.