ethicists seek to understand the ethicalcontours of, and devise principles of right action for, businessactivity. One way of advancing this project is by choosing a normativeframework and teasing out its implications for a range of issues inbusiness.
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In the business ethics literature, French is a seminal thinker on thistopic. In early work (1979, 1984), he argued that firms are morallyresponsible for what they do, and hence should be seen as“full-fledged” moral persons. He bases this conclusion onhis claim that firms have internal decision-making structures, throughwhich they (1) cause events to happen, and (2) act intentionally. Someearly responses to French’s work accepted the claim that firmsare moral agents, but denied that firms are moral persons. Donaldson(1982) claims that firms cannot be persons because they lack importanthuman capacities, such as the ability to pursue their own happiness(see also Werhane 1985). Other responses denied that firms are moralagents (also). Velasquez (1983) argues that firms lack a necessarycondition of agency, viz., the ability to act (see also his 2003). Inlater work, French (1995) recanted his claim that firms are moralpersons, though not his claim that they are moral agents.
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This entry summarizes important research on central questions inbusiness ethics, including: In whose interests should firms bemanaged? Who should manage them? What do firms owe their workers, andwhat do workers owe their firms? What moral rules should guidefirms’ engagement with customers? Should firms try to solvesocial problems? What responsibility do they have for the behavior oftheir suppliers? What role should firms play in the political process?Given the vastness of the field, of necessity certain questions inbusiness ethics are not addressed here.
A Framework for Ethical Decision Making - Markkula …
Thus, while Akan ethics is not a microcosm of African ethics, there isnevertheless evidence, both empirical and conceptual, that indicatesthat the values, beliefs, and principles of Akan ethicsreverberate mutatis mutandis on the moral terrains of otherAfrican societies. Based on the qualifying expression mutatismutandis (‘allowing for necessary variations andadjustments’), it would be correct to say that the term‘African ethics’ is appropriate. With all this said,however, neither Akan nor African ethics would be unique among theethical systems evolved by the various non-African cultures of theworld.
This document is designed as an introduction to thinking ethically
looks at virtue or moral character, rather than at ethical duties and rules, or the consequences of actions - indeed some philosophers of this school deny that there can be such things as universal ethical rules.
Business Ethics (Stanford Encyclopedia of Philosophy)
Good Money Week is the campaign to help grow and raise awareness of sustainable, responsible and ethical finance. This year, it takes place between 8th - 14th October 2017.