By Norman E. Bowie
It's extra very important than ever company has to be either moral and ecocnomic. during this completely revised and up-to-date moment variation, Norman E. Bowie exhibits that by way of utilising Kant's 3 formulations of the specific valuable, and through doing the ideal factor for the best cause, a company can be successful in either one of those fields. Bowie makes use of examples comparable to construction belief, transparency via open publication administration, and respecting staff by way of supplying a residing salary and significant paintings. This new version, for graduates and educational researchers within the box of commercial ethics, has been seriously revised to incorporate the latest scholarship on Kantian ethics, with a brand new emphasis on Kant's later ethical and political idea, a viable account of Kantian capitalism, and extra bills on company social accountability, Kantianism and human rights, company ethical business enterprise, and the Kantian concept of significant paintings.
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Additional info for Business Ethics: A Kantian Perspective
The Handbook of Trust Research provides a comprehensive array of articles in trust research as it existed in the middle of the first decade of the twenty-first century. , 236. , 238. 50 The following argument is adapted from T. M. Jones and N. E. Bowie, “Moral Hazards on the Road to the Virtual Corporation,” Business Ethics Quarterly, 8 (1998): 273–92. 51 C. Handy, “Trust and the Virtual Corporation,” Harvard Business Review, 73 (1995), 44. 52 J. B. Barney and M. B. Hansen, “Trustworthiness as a Source of Competitive Advantage,” Strategic Management Research Journal, 5 (1994), 179.
To engage in activities that make one less trustworthy is to adopt a maxim that is pragmatically (volitionally) inconsistent. 37 Transition to Chapter 2 37 Transition to Chapter 2 Thus far we have given an argument as to why certain actions, if taken in business, would be morally wrong. In general, we have focused on prohibitions, on “thou shalt nots,” on negative prohibitions such as “don’t lie,” “don’t cheat,” and “don’t undermine trust,” However, when we move from evaluating the actions or practices of the managers of a firm to describing how managers ought to interact with the firm’s stakeholders, the second formulation of the categorical imperative will serve especially well.
A manager has a contractual obligation to manage the firm in the best interests of the corporation. 2. A manager can manage the firm in the best interests of the corporation only if she builds trusts among the corporate stakeholders. 3. Therefore, a manager has an obligation to build trust among the corporate stakeholders. 30 Self-Defeating Immoral Business Practice The first statement is a normative claim regarding the obligation of managers. To this normative claim you add a factual statement regarding how managers manage in the best interests of the corporation.
Business Ethics: A Kantian Perspective by Norman E. Bowie