the social contract of the firm economics ethics and organisation ethical economy

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The Social Contract Of The Firm

Author : Lorenzo Sacconi
ISBN : 9783642573002
Genre : Business & Economics
File Size : 45. 74 MB
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In order to survive as a social institution a firm needs a constitutional social contract, even though implicit, among its stakeholders. This social contract must exist if an institution is to be justified. The book focuses on two main issues: To find out the terms of the hypothetical agreement among the firm's stakeholders in an ex ante perspective and to understand the endogenous mechanism generating appropriate incentives that induce to comply with the social contract itself, as seen in the ex post perspective.

Order Ethics An Ethical Framework For The Social Market Economy

Author : Christoph Luetge
ISBN : 9783319331515
Genre : Philosophy
File Size : 48. 75 MB
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This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-established paradigm in European business ethics. The book contains articles written by leading experts in the field and provides both a concise introduction to order ethics and short summary articles homing in on specific aspects of the order-ethical paradigm. It presents contributions describing fundamental concepts, historical roots, and the economic, social, and philosophical background of the theory. The second part of the handbook focuses on the theory's application in business, society, and politics, casting new light on an array of topics that loom large in contemporary ethical discourse.​

Ethical Dimensions Of The Economy

Author : Wilfried Ver Eecke
ISBN : 3540771115
Genre : Business & Economics
File Size : 39. 44 MB
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Overview This book is a philosophical reflection (using mainly Hegel, in addition to 1 Adam Smith, Kant, Marx and Catholic Social Thought) about the soc- political dimension of economics. In it I both agree and disagree with the slogan that “the least government is the best government. ” I agree with the slogan, in particular as it applies to the economic domain. Adam Smith taught us that rational and self-interested individuals, left by themselves, create a more efficient and reliable economic system than one in which the government has a heavy role as was the case in his time with the merc- tile system (Smith, 14, 651). Ludwig von Mises demonstrated the same idea for the communist command economy (Hayek 1935, 87–130). I d- agree with the above mentioned slogan if it is interpreted as suggesting that we can best forget about the role of the government for a good functioning economy. Instead, I will argue that the government has an important fu- tion in creating the proper regulations and the wise institutional arran- ments which will allow the economy to flourish in a more efficient, fair and humane way. This book is interdisciplinary in nature. It is a philosophical and ethical reflection on economics. Hence, I make use of philosophical ideas, often but not exclusively those of Hegel. I reflect philosophically on economic concepts.

Knowledge In The Development Of Economies

Author : Silvia Sacchetti
ISBN : 9781849802345
Genre : Business & Economics
File Size : 21. 80 MB
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This book presents an entirely new approach to knowledge, creativity and social organisation. The first part of the book provides a trenchant critique of current globalisation, of multinational corporations, the WTO, and intellectual property rights. The rest of the book outlines an alternative globalisation based on inclusion, democratic participation, and equality. The role of the universities in this process is given special attention. The alternative globalisation is still based on the market economy but not necessarily one in which the sole objective of the corporations is to maximise profits. The book is a must-read for all economists, including those who are satisfied with the current state of the subject. The analyses of this volume of outstanding papers edited by Sacchetti and Sugden are fresh, sober and entirely convincing. Ajit Singh, University of Cambridge, UK It is arguable that at the root of the current global crisis lies the ferocious attack on critical thinking indeed freedom of thought that has taken place over the past 30 years or so. The editors of this volume are among the minority voices that kept thinking outside the box and voicing their views during this period. Their present volume offers fascinating readings on diverse issues ranging from uneven development, through university and art management, to motivation, capabilities and democratic governance, as they relate to knowledge and learning. It is hoped that the book will receive the attention it deserves and that more such voices will now be raised and heard. Christos Pitelis, University of Cambridge, UK While the relevance of knowledge in economic development represents a consolidated result, this volume takes some important steps forward in new directions. Highly valuable is the attempt to integrate the study of knowledge production, with its potential for improved creativity, whose expression is now dependent on the social structure and is not merely exogenous any more. The focus on heterodox approaches and on non-traditional organisational and proprietary forms is particularly coherent with both the theoretical premises of the volume and the expected evolution of economies. Carlo Borzaga, University of Trento, Italy This is a collection of essays which escapes the confines of mainstream economics, raising fundamental questions of the role of academics in policy making. It requires the reader to imagine different worlds to think beyond present realities; a book striving to deal with important issues, not sliding over them to make cheap points. A scholarly work; demanding, in places difficult, but worth persevering with. Should be read by everyone interested in a different way forward for economic development in a global world. Keith Cowling, University of Warwick, UK This innovative book offers a critical perspective on the state of the current global economy, making sense of knowledge-related issues by critically assessing existing institutional choices, as well as pointing to new ways forward. The pioneering chapters reposition knowledge in a number of economic debates including regional development, property rights, social enterprises, corporate governance, the management of universities, and the role of creative activities. They explore the possibility of an institutional dynamism that impacts not only on the characteristics of localities and their place in a hierarchical and ordered system of relationships, but on the nature of the system itself. Conclusions point at the individual and collective dimensions of the knowledge discovery process, suggesting a renewed approach to the assessment of economic choices. This insightful book offers an original perspective on knowledge-related issues and constitutes a valuable read for academics and postgraduate students in international business and economic competitiveness, as well practitioners and policymakers who are interested in alternative analyses and methods for economic develop

Handbook Of Economic Organization

Author : Anna Grandori
ISBN : 9781782548225
Genre : Business & Economics
File Size : 68. 83 MB
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ÔThis excellent volume brings together some of the most interesting writings on economic organization. It covers a vast range of topics that fall under the heading of economic organization, and most if not all aspects of a variety of organizational economics and organization theories are presented. Interestingly, this book also extends beyond the more traditional approaches informed by economics and organization theory as it broadens the horizon of the field by including relevant contributions from economic sociology, cognitive psychology, law, and strategic management. Given its breadth and depth, this volume will become one of the standard reference books that will inspire both theoretical and empirical research.Õ Ð John Hagedoorn, Maastricht University, The Netherlands ÔThis important new Handbook of Economic Organization is a highly successful attempt to integrate economic and organization theory. Anna Grandori, who is herself a leading scholar located at the boundaries of economics and organization theory, is to be congratulated on doing a superb job bringing together such a high profile group of internationally acknowledged scholars. Each of the essays in the book are original and contribute to demonstrating the valuable insights that economics can make to our understanding of organization and organizational design. Anna GrandoriÕs introductory and concluding chapters are not only excellent audits of the current state of our knowledge in this field but they also give a strong sense of direction for the possible futures of the discipline. Anna Grandori is not afraid to face head on some of the more philosophical issues relating to ÒorganizationÓ as an object of study and is to be commended for doing so. The economics of organization is a new, exciting and developing field and the essays in this book will help to shape the research agenda that will take this emergent discipline to its next stage.Õ Ð Peter M. Jackson, University of Leicester, UK ÔThis sweeping, comprehensive volume is a signal effort in building bridges between economics and organization theory. With a stellar cast of contributors, it will both inspire and provoke scholars with its grand amibitions, and generate considerable attention and debate. A remarkable effort by Anna Grandori.Õ Ð Walter W. Powell, Stanford University, US ÔAnna Grandori has astutely organized the commissioned chapters of an intellectually diverse set of scholars into an absolutely outstanding contribution that both defines the current state of organizational economics and points the perceptive reader toward an exciting intellectual future. From traditional research areas to the newest topics of interest, the chapters chart the current boundaries of the field. The chapters are filled with gems of insight across several distinct levels of analysis, whether it is a discussion of organizational design, or psychological economics or innovation or the organization as language, the discussions are contemporary, comprehensive and challenging. No serious scholar of organizational economics should be without this book.Õ Ð Richard N. Osborn, Wayne State University, US This comprehensive and groundbreaking Handbook integrates economic and organization theories to help elucidate the design and evolution of economic organization. Economic organization is regarded both as a subject of inquiry and as an emerging disciplinary field in its own right, integrating insights from economics, organization theory, strategy and management, economic sociology and cognitive psychology. The contributors, who share this integrated approach, are distinguished scholars at the productive peak in their fields. Each original, state-of-the art chapter not only addresses foundational issues, but also identifies key issues for future research. This original and wide-ranging Handbook will be a useful and thought-provoking read for academics, students and researchers in the fields of organization, management and economics.

Contemporary Economic Ethics And Business Ethics

Author : Peter Koslowski
ISBN : 9783662040720
Genre : Business & Economics
File Size : 28. 81 MB
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The approaches to economic ethics and business ethics in Continental Europe and those in America show considerable differences but also a shared interest in turning business ethics into a subject relevant and useful for business practice as well as for the philosophical debate on ethics. The volume collects original essays on the major approaches to economic ethics and business ethics in Germany, the USA, and Europe. It provides the reader with a comprehensive overview about the discussion on modern economic ethics and business ethics. It introduces the German approaches to economic ethics and to business ethics to the English-speaking audience.

Governance Ethics Global Value Creation Economic Organization And Normativity

Author : Josef Wieland
ISBN : 9783319079233
Genre : Business & Economics
File Size : 56. 91 MB
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This book investigates the functioning and effects of moral rules and values as endogenous elements of governance structures when applied to economic and social transactions. The point of departure and framework of this book is Josef Wieland's theory of Ethics of Governance. Its focal point is the governance of the normative aspects of corporations. The Ethics of Governance is a comparative research project on business and economic ethics which started 15 years ago. Divided into five chapters, the book provides a comprehensive insight into the theoretical foundation and application-oriented results of the research project. It covers theoretical, conceptual and practical challenges in the global economy with regard to a sustainable economy, the social responsibility of corporations, and their transcultural and normative management. By offering comprehensive insight into the research results of the Ethics of Governance project, this book provides a unique scientific work on business and economic ethics.

The Balanced Company

Author : Muel Kaptein
ISBN : 0199255512
Genre : Business & Economics
File Size : 22. 78 MB
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The Balanced Company provides a coherent overview of the most important theories and insights in the field of business ethics and corporate social responsibility. This is an area of growing concern for corporations today - many have Corporate Social Responsibility (CSR) personnel and use ethical codes in areas such as performance appraisals, staff induction programmes, supplier contracts, and so forth. Corporations are driven by more than a sense of ethical duty and idealism, however. There is clear evidence that the implementation of ethical codes can help to minimize legal fees, improve staff morale, ward off bad press, improve public image, empower stakeholders, and boost profits. But what of the situations where ethical decisions come at the cost of profits? Accessible and up-to-date, The Balanced Company presents criteria that can be used to measure, assess, improve, and report on corporate integrity. Tailoring the main ethical theories to the situations in which organizations function, the book also provides in-depth case studies at the end of each chapter. These include coverage of Shell, KPN Telecom, and the Herald of Free Enterprise disaster amongst others. Part I describes the rise of business ethics in practice. General misconceptions about the field are discussed and a summary of common ethical theories is presented. It concludes with a discussion of the concept of integrity. Part II provides the theoretical foundation for the ethics of business and discusses the question of whether the notion of integrity is applicable to organizations and whether an organization can be viewed as an autonomous entity. Part III formulates practical applications based on the preceding analyses and arguments. For academics, this book sets out a unique framework for the development of theories and critieria; for students, it provides a clear explanation of business ethics, sustainable development, and compliance; and for managers, it presents a practical framework that can be used to develop their organization. The Balanced Company will be widely used on courses and training programmes in corporate social responsibility and business ethics. The book is supported by a website containing further information about the cases and questions for discussion (

Business Ethics Japan And The Global Economy

Author : T.W. Dunfee
ISBN : 9789401581837
Genre : Philosophy
File Size : 73. 88 MB
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Business Ethics: Japan and the Global Economy presents a multicultural perspective of global business ethics with special emphasis on Japanese viewpoints. In contrast to the typical business ethics book written primarily from the viewpoint of Western culture and economy, the majority of the work is by Asian scholars, providing an historical overview of the religious, scientific and cultural phenomena which converged to create modern Japanese business ethics. Perspectives from socioeconomics, sociology, social contract and applied business ethics contribute to the analysis of moral issues. A new Japanese approach to moral science, Moralogy, is introduced and its implications for phenomena such as the Keiretsu system are explored. Concurrently, prominent Western ethicists explore the role of moral language and the implications of Kantian ethics and contractarian approaches for developing universal moral standards. Because Japan is an economic superpower, it is critical to understand the hidden economic culture, work ethic, and way of thinking in business. We must realize these are the results of an integration of historical factors, such as Shintoism, Buddhism, Confuctianism and modern Western science and technology. Business Ethics: Japan and the Global Economy provides philosophical and anthropological analyses of the Japanese economic mind, departing from previous stereotyped approaches. Theoretical discussions based upon social contract theory are presented in order to build ethical norms with cross-cultural activity for multinational economic activities. From such a universal stance, practical proposals are presented to transnationalize the Keiretsu system and other Japanese economic institutions.

Business Ethics A Stakeholder And Issues Management Approach

Author : Joseph Weiss
ISBN : 9780324589733
Genre : Business & Economics
File Size : 81. 43 MB
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Ethical decisions do not take place in a vacuum, and many people, faced with their own interests and standards, need reliable guidelines to address the moral implications of business decisions. With a unique, highly practical approach to teaching business ethics, this text focuses on the relationships among various stakeholders, including individuals, groups, corporations, and even nations. The new fifth edition includes the latest research, current cases, and practical examples to help students examine the role of ethics in today's business world, from the boardroom to the classroom. Updates also include the addition of new, real-world ethical dilemmas presenting actual encounters by managers and students; an easy, step-by-step guide to implement a stakeholder analysis; tips to help students apply ethical principles in their personal and professional lives; and comprehensive coverage of employee workplace issues and highly relevant topics such as risk management, preferential hiring, corporate legitimacy, and moral accountability. The text also explores today's increasingly interconnected global business environment with coverage of multinational corporations and important issues such as the digital divide, bribery, corruption, human rights, and the environment. This text gives students the practical tools they need to handle complex moral dilemmas in the workplace and the world. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

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