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The Routledge Companion to Business Ethics

Author Alexei Marcoux , Byron Kaldis , Eugene Heath
Release Date: 2018/02/01
ISBN: 9781317655411
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Book Description

The field of business ethics continues to expand intellectually and geographically. During the past five decades, scholars have developed and deepened their inquiries into the ethics of commercial and corporate conduct.

This Companion provides a novel overview of the discipline of business ethics, covering the major areas of the field as well as new and emerging topics. The eight thematic units range over an extraordinary set of subjects and include chapters on the history and pedagogy of business ethics, moral philosophy, the nature of business, responsibilities within the firm, economic institutions, the 2008 financial crisis, globalization, and business ethics in different regions of the world. Led by a well-respected editorial team, this unique volume gathers an international array of experts whose various critical approaches yield insights from areas such as public policy, economics, law, and history, in addition to business and philosophy.

With its fresh analyses, wide scope, and clarity of approach, this volume will be an essential addition to library collections in business, management, and applied ethics.

Table of Contents

  1. Cover Page
  2. The Routledge Companion to Business Ethics
  3. Routledge Companions in Business, Management and Accounting
  4. Title
  5. Copyright
  6. Contents
  7. List of Figures
  8. List of Tables
  9. List of Contributors
  10. Acknowledgements
  11. Introduction
  12. Part I The Discipline of Business Ethics
    1. 1 The History of Business Ethics
      1. The “Idol of Origins”
      2. Critics of Capitalism
      3. Business Ethics Becomes a Field of Study
    2. 2 Theorists and Philosophers on Business Ethics
      1. Ancient and Medieval Suspicions of Commerce
      2. The Modern Approval of Business
      3. The Late Modern Attack on Business
      4. The Philosophic Epoch of Business Ethics
    3. 3 Theory and Method In Business Ethics
      1. Hostility To Business and Business Ethics
      2. The Philosophical Background
      3. The Enlightenment Project and Contemporary Ethics
      4. Exploration: The “New” Normative Methodology
      5. Two Competing Narratives of Philosophical Exploration
      6. An Alternative Method: Explication
    4. 4 Teaching Business Ethics: Current Practice and Future Directions
      1. Business Ethics: Education Vs. Training
      2. The Why, What, How, Where, and When of Business Ethics Education
      3. Strengthening a Student’S Moral Sense and Commitment
      4. Moral Blindness, Self-Deception, and Unethical Actions
  13. Part II Moral Philosophy and Business: Foundational Theories
    1. 5 Consequentialism and Non-Consequentialism
      1. A Brief Overview of Ethical Theories
      2. Ethical Theories of Non-Consequentialism and Consequentialism
      3. Non-Consequentialism and Consequentialism In Business Ethics
    2. 6 Social Contract Theories
      1. A Taxonomy of Social Contract Approaches
      2. Justification of The Social Contract Theory of Business Ethics
      3. How Does It Work? The Elements of Cbe
      4. Integrative Social Contracts Theory (Isct)
      5. Application and Criticism of Integrative Social Contracts Theory
      6. Other Social Contract Theories In Business Ethics
      7. Concluding Remarks: Criticism and New Directions
    3. 7 Can Profit Seekers Be Virtuous?
      1. Can Profit Seekers Be Virtuous?
      2. Profits In The Entrepreneurial Process
      3. Virtuously Seeking Profits
      4. Entrepreneurial Virtue In Commercial Society Vs. Rent-Seeking Society
    4. 8 Feminist Ethics and Business Ethics: Redefining Landscapes of Learning
      1. Feminist Ethics and The Ethics of Care
      2. Feminist Ethics and Business Ethics
      3. Ethics of Care: a Way Forward?
      4. Virtue, Self, and Other: Implications for Business Ethics
      5. Etienne Wenger: Learning a (Virtue) Ethics of Relationship
    5. 9 Business Ethics and Religious Belief
      1. The Hebrew Tradition
      2. The Christian Traditions
      3. Islam
      4. Religions of Asia
  14. Part III Business Ethics Theories
    1. 10 Social Responsibility
      1. Social Responsibility Defined
      2. Can Corporations Have Moral Responsibilities? Corporations As Moral Agents
      3. What Are The Social Responsibilities of Corporations?
      4. Making Sense of Csr Theory and Practice
      5. New Directions In Csr
    2. 11 Stakeholder Thinking
      1. Setting The Stage
      2. Conscience: Personal and Institutional
      3. Is Stakeholder Thinking More An Obstacle To Than a Proxy for Corporate Conscience?
      4. From Stakeholder to Comprehensive Moral Thinking
      5. Implications for Business Education
      6. Appendix: The Mba Oath
    3. 12 Integrative Economic Ethics: Concept and Critique
      1. Integrative Versus Applied Ethics
      2. Discourse, Legitimization, and Responsibility
      3. The Micro Level: The Ethics of Economic Citizens
      4. The Meso Level: Normative Stakeholder Management
      5. The Macro Level: Republican Liberalism and Regulatory Ethics
  15. Part IV Conceptual Considerations
    1. 13 What Is Business?
      1. Business As An Organization
      2. Business As An Activity
      3. Stakeholder Theory, Participation Rights, and Fair Decision Procedures
    2. 14 The Corporation: Genesis, Identity, Agency
      1. Origins of The Corporation
      2. Theories of The Corporation
      3. Corporate Moral Agency
    3. 15 Alternative Business Organizations and Social Enterprise
      1. The Us Experience Described
      2. A Critique of Us Specialized Forms
      3. The European Environment Explored
      4. Evaluating European Social Enterprise Forms
    4. 16 The Ethics of Entrepreneurship
      1. Conceptions of Entrepreneurship
      2. Expanded Conceptions of Entrepreneurship
      3. Core Elements of Entrepreneurship
      4. Ethical Entrepreneurship: Empirical Considerations
      5. Ethical Entrepreneurship: Normative Considerations
    5. 17 The Contribution of Economics to Business Ethics
      1. Skepticism About Business Ethics
      2. The Rational Choice Revolution
      3. The New Modesty
  16. Part V Economic Institutions: Operations and Effects
    1. 18 Property and Business
      1. Forms of Ownership
      2. Two Kinds of Justification
      3. The Conventionalist Objection
      4. Intellectual Property
      5. Concluding Remarks: Business and Property
    2. 19 Creativity, Innovation, and The Production of Wealth
      1. Innovation and Neoclassical Economics
      2. The Interactive Approach to Innovation
      3. Innovation Institutionalized
      4. Living In An Unsuccessful Age?
    3. 20 Money and Finance: Ethical Considerations
      1. The Legal and Institutional Framework
      2. The Ethics of Financial Intermediaries
      3. The Ethics of Financial Markets
      4. Alternative Finance
    4. 21 Regulation, Rent Seeking, and Business Ethics
      1. A Typology of Business Ethics and Regulation
      2. The Business Ethics of Rent Seeking
      3. Regulation, Rent Seeking, and Institutional Design
    5. 22 Business, Nature, and Environmental Sustainability
      1. Environmental Goods As Economic Resources: Where Markets Can Work
      2. Environmental Goods and Intrinsic Value: Where Markets Won’T Work
      3. The Ethics and Environmentalism of Sustainable Development
      4. What Sustainability Is Not
    6. 23 The Economic Crisis: Causes and Considerations
      1. Ethics and Economics
      2. Public Policy on Mortgages and The 2008 Crisis
      3. The Role of The Fed In The Crisis
      4. The Financial Industry Bailout
      5. The Auto Industry Bailout, and More
      6. The Ethics of The Policy Response
      7. Housing Policy and The Political Process
      8. Political Capitalism
  17. Part VI Roles and Responsibilities Within The Firm
    1. 24 Corporate Governance
      1. The Primacy Debate
      2. Issues Surrounding Shareholders
      3. Issues Surrounding Boards of Directors
      4. The Nature and Role of The Ceo
    2. 25 Leadership and Business Ethics: Are Leaders Wolves for Business Ethics?
      1. Theoretical Foundations: Desperately Seeking Ethics In Leadership
      2. The Moral Manager: Navigating Ethical Leadership
      3. The Moral Person: Exploring The Character of Business Leaders
      4. Ethical Leadership In The Age of Corporate Social Responsibility
    3. 26 Theoretical Issues In Management Ethics
      1. Major Management Theories
      2. Major Ethics Theories
      3. Selected Theoretical Issues In Management Ethics
    4. 27 The Ethics of Managers and Employees
      1. Ethical Awareness, Judgment, Motivation, and Action
      2. Managing Ethical Conduct Through Ethics and Compliance Programs
      3. Ethical Culture
    5. 28 Employee Ethics and Rights
      1. Freedom of Contract: Lochner’S Shadow
      2. Starting and Terminating The Employment Relationship
      3. Compensation
      4. The Nature of Work: Meaningful Work and Workplace Democracy
      5. Privacy
      6. Whistleblowing
    6. 29 Exploitation and Labor
      1. How Are Laborers Wronged?
      2. What Do Firms Owe Their Employees?
      3. Who Is Responsible When Workers Are Wronged?
    7. 30 Ethical Issues In Marketing, Advertising, and Sales
      1. Marketing, Ethics, and Marketing Ethics
      2. Criticisms of Marketing
      3. Conceptual and Theoretical Perspectives on Marketing Ethics
    8. 31 The Accounting Profession, The Public Interest, and Human Rights
      1. Introducing Accounting Ethics
      2. Introducing Professions and The Public Interest
      3. Expressions of The Public Interest
      4. Accounting and Human Rights
  18. Part VII Multinational Corporations and Globalization
    1. 32 The Globalization of Business Ethics
      1. Business Ethics Emerges In Us Business Schools
      2. A Focus on Business Ethics Emerges In Us Corporations
      3. Interest In Business Ethics Beyond The United States
      4. Globalization Becomes An Economic Reality
      5. The Growth of Corporate Global Ethics Programs
      6. Defining a Global Ethic for Business: Challenges
    2. 33 Cross-Cultural Management Ethics In Multinational Commerce
      1. Foundations: Hofstede’S Cultural Values Approach In International Management Studies
      2. Building on Hofstede’S Foundations
      3. World Values Survey and Modernization Theory
      4. Ethical Judgments, Algorithms, and Codes of Ethics
    3. 34 Corruption, Bribery, and Moral Norms Across National Boundaries
      1. Bribery and Gifts
      2. Bribery: Inherent Characteristics
      3. Bribery: a Complex Social, Economic, and Political Reality
      4. Addressing The Paradox of Bribery Through Legal Reform
      5. The Pursuit of Integrity In Business and Government: Lessons and Challenges
      6. The Character of Corruption
  19. Part VIII Business Ethics Across The Globe
    1. 35 Business Ethics In China
      1. The New Era in China and The Rise of Business Ethics
      2. Theoretical Trends in Chinese Business Ethics
      3. The Future Challenges of Business Ethics in China
    2. 36 Business Ethics in South Asia: Gandhian Trusteeship and Its Relevance for The Twenty-First Century
      1. Business Ethics in South Asia: Scholarship, Teaching, and Practice
      2. Gandhi’S Trusteeship Framework
      3. Trusteeship: a Critical Appraisal
      4. Applicability of Gandhian Trusteeship in The Twenty-First Century
    3. 37 Business Ethics in Africa
      1. Business Ethics Developments in Sub-Saharan Africa
      2. Business in Africa: Contextual Considerations and Challenges
      3. Towards An African Business Ethics
    4. 38 Business Ethics in Latin America
      1. Business Ethics in Latin America: An Approach to Reality Through The Press
      2. Comparative Data on Public Corruption
      3. Teaching and Research
      4. Corporate Practices, Non-Governmental Organizations (Ngos) and Government Initiatives
      5. Appendix: Press Citations
    5. 39 Business Ethics in Transition: Communism to Commerce in Central Europe and Russia
      1. Business Ethics Under Communism
      2. Similarities Among Former Communist Countries
      3. Differences Among Former Communist Countries
      4. Business Ethics and The Eu
  20. Index
52.15.63.145