A Companion to Business Ethics by Robert E. Frederick

By Robert E. Frederick

In a sequence of articles in particular commissioned for this quantity, a few of state-of-the-art so much wonderful enterprise ethicists survey the most components of curiosity and quandary within the box of commercial ethics.Sections of the e-book disguise issues similar to the usually effortless relation among enterprise ethics and capitalism, the hyperlink among enterprise ethics and moral concept, how ethics applies to precise difficulties within the enterprise international, the relationship among company ethics and comparable educational disciplines, and the perform of commercial ethics in smooth corporations.Includes huge, available dialogue of the entire major components of curiosity and debate in company ethics positive factors all unique contributions via exotic authors in company ethics comprises an annotated desk of contents, bibliographies of the correct literature and an inventory of web resources of fabric on enterprise ethics ideal, finished e-book to be used in enterprise ethics classes

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I hope I have shown that Kant’s moral philosophy is not a system of inflexible absolute rules. The categorical imperative does rule out certain practices 15 norman e. bowie such as the unilateral breaking of contracts, theft, and bribery. But Kant’s moral philosophy is more than a series of negative constraints. If business is to be faithful to the second and third formulations of the categorical imperative, business managers should manage so as to provide meaningful work for employees, and business firms should be organized more democratically.

In business ethics, as in most areas of ethics, it is generally agreed that all three elements – the principles of action, the action itself and the action’s consequences – must be taken into account. ” Virtue ethics focuses not so much on principles or the consequences of action, nor even the action itself so much as on the agent, the person who performs the action, in the light of the circumstances and all of his or her other actions. One might say the focus is on the person’s character, or alternatively, on those traits of character expressed in this and other actions, his or her virtues.

If businesspersons do constitute a society, then the optimal code for the society of businesspersons may permit an act that is prohibited by the moral code optimal for the general society. When such a conflict occurs, what principle can be employed to resolve it? In addition, since the code optimal for S (the code that would maximize utility if it were widely accepted) is probably very different from the code that is actually widely accepted in S, a person following the optimal code may be at a serious disadvantage in a society in which only a few follow it.

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