Normative Theory And Business Ethics (new Perspectives In Business Ethics)

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This volume provides an updated examination of the role that moral and political philosophy can play in addressing problems in business ethics. The essays contained within its pages represent the work of new scholars and address a wide array of foundational issues such as distributive justice within firms, human rights, ethical challenges of international business, the role of virtue in business management, entrepreneurship and the relationship of markets and market actors with democratic institutions.

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“As business ethics has become more interdisciplinary and practice-focused, the role of ethical theory has been both challenged and transformed. So the publication of these essays comes at an opportune time for a fresh assessment of old developments and new directions for ethical theory in business ethics.” —John R. Boatright, Raymond C. Baumhart, S.J., Professor of Business Ethics, Loyola University Chicago Contributors: Denis G. Arnold, Norman E. Bowie, Mitchell R. Haney, Nien-hê Hsieh, Alexei Marcoux, Christopher Michaelson, Geoff Moore, Jeffrey Moriarty, Jeffery D. Smith, Ben Wempe Business Ethics Since its inception thirty years ago, business ethics has benefited from the interdisciplinary contributions by management, political theory, sociology, and, of course, philosophy. Normative Theory and Business Ethics represents the work of new scholars and addresses a wide array of foundational issues such as distributive justice within firms, human rights, ethics of international business, virtue in business management, and the relationship between markets and democratic institutions. This collection traces where philosophy has been and where it is headed with business ethics. and “Jeffery D. Smith brings together some of the field’s rising stars and ably highlights the points they have to make about the importance of normative theory. There are a lot of people in business ethics who really need to read this book. —Edwin Hartman, Professor of Business Ethics and Codirector of the Paduano Seminar in Business Ethics at the Stern School of New York University Normative Theory “Jeffery D. Smith has done the field of business ethics a great service by collecting these provocative and foundational essays in one volume. It is a wonderful collection of fresh voices on the normative foundations of business ethics. These are significant contributions to the literature that truly add value.” —Kenneth E. Goodpaster, Koch Endowed Chair in Business Ethics, Opus College of Business Smith Business Ethics • Philosophy Series: New Perspectives in Business Ethics Series Editor: Denis G. Arnold, University of North Carolina, Charlotte NORMATIVE THEORY and Business Ethics Jeffery D. Smith is associate professor and director of the Banta Center for Business, Ethics, and Society at the University of Redlands. NormativeTheoryPBK.indd 1 ISBN-13: 978-0-7425-4842-8 ISBN-10: 0-7425-4842-2 90000 9 7 80742 5 48428 Rowman & Littlefield For orders and information please contact the publisher Rowman & Littlefield Publishers, Inc. A wholly owned subsidiary of The Rowman & Littlefield Publishing Group, Inc. 4501 Forbes Boulevard, Suite 200 Lanham, Maryland 20706 1-800-462-6420 • www.rowmanlittlefield.com Edited by Jeffery D. Smith Foreword by Norman E. Bowie New Perspectives in Business Ethics • Denis G. Arnold, Series Editor Cover design by Maria Kauffman 9/18/08 4:57:26 PM Normative Theory and Business Ethics New Perspectives in Business Ethics A new series which explores both foundational and cutting-edge issues in business ethics Series Editor Denis G. Arnold, Surtman Distinguished Professor in Business Ethics, Universi