Morality, competition, and the firm: the market failures approach to business ethics
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Oxford ; New York
Oxford University Press, USA
[2014]
|
| Schlagwörter: | |
| Links: | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=806530 |
| Beschreibung: | Print version record |
| Umfang: | 1 online resource (IX, 412 pages) |
| ISBN: | 9780199990498 0199990492 9780190267704 0190267704 |
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| 245 | 1 | 0 | |a Morality, competition, and the firm |b the market failures approach to business ethics |c Joseph Heath |
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| 505 | 8 | |a "In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"-- | |
| 505 | 8 | |a "The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"-- | |
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Datensatz im Suchindex
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| author_facet | Heath, Joseph 1967- |
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| contents | "In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"-- "The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"-- |
| ctrlnum | (ZDB-4-EBU)ocn882915178 (OCoLC)882915178 (DE-599)BVBBV046101316 |
| dewey-full | 174/.4 |
| dewey-hundreds | 100 - Philosophy & psychology |
| dewey-ones | 174 - Occupational ethics |
| dewey-raw | 174/.4 |
| dewey-search | 174/.4 |
| dewey-sort | 3174 14 |
| dewey-tens | 170 - Ethics (Moral philosophy) |
| discipline | Philosophie Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2024-12-20T18:43:11Z |
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| spelling | Heath, Joseph 1967- Verfasser aut Morality, competition, and the firm the market failures approach to business ethics Joseph Heath Oxford ; New York Oxford University Press, USA [2014] 1 online resource (IX, 412 pages) txt rdacontent c rdamedia cr rdacarrier Print version record "In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"-- "The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"-- PHILOSOPHY / Ethics & Moral Philosophy bisacsh BUSINESS & ECONOMICS / Business Ethics bisacsh Business ethics fast Competition fast Corporations / Moral and ethical aspects fast Profit / Moral and ethical aspects fast Wirtschaftsethik gnd Unternehmensethik gnd Wettbewerb gnd Business ethics Profit Moral and ethical aspects Competition Corporations Moral and ethical aspects Wirtschaftsethik (DE-588)4066439-9 gnd rswk-swf Corporate Social Responsibility (DE-588)7697760-2 gnd rswk-swf 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content Wirtschaftsethik (DE-588)4066439-9 s Corporate Social Responsibility (DE-588)7697760-2 s 2\p DE-604 Erscheint auch als Druck-Ausgabe Heath, Joseph, 1967- Morality, competition, and the firm 9780199990481 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Heath, Joseph 1967- Morality, competition, and the firm the market failures approach to business ethics "In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"-- "The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"-- PHILOSOPHY / Ethics & Moral Philosophy bisacsh BUSINESS & ECONOMICS / Business Ethics bisacsh Business ethics fast Competition fast Corporations / Moral and ethical aspects fast Profit / Moral and ethical aspects fast Wirtschaftsethik gnd Unternehmensethik gnd Wettbewerb gnd Business ethics Profit Moral and ethical aspects Competition Corporations Moral and ethical aspects Wirtschaftsethik (DE-588)4066439-9 gnd Corporate Social Responsibility (DE-588)7697760-2 gnd |
| subject_GND | (DE-588)4066439-9 (DE-588)7697760-2 (DE-588)4143413-4 |
| title | Morality, competition, and the firm the market failures approach to business ethics |
| title_auth | Morality, competition, and the firm the market failures approach to business ethics |
| title_exact_search | Morality, competition, and the firm the market failures approach to business ethics |
| title_full | Morality, competition, and the firm the market failures approach to business ethics Joseph Heath |
| title_fullStr | Morality, competition, and the firm the market failures approach to business ethics Joseph Heath |
| title_full_unstemmed | Morality, competition, and the firm the market failures approach to business ethics Joseph Heath |
| title_short | Morality, competition, and the firm |
| title_sort | morality competition and the firm the market failures approach to business ethics |
| title_sub | the market failures approach to business ethics |
| topic | PHILOSOPHY / Ethics & Moral Philosophy bisacsh BUSINESS & ECONOMICS / Business Ethics bisacsh Business ethics fast Competition fast Corporations / Moral and ethical aspects fast Profit / Moral and ethical aspects fast Wirtschaftsethik gnd Unternehmensethik gnd Wettbewerb gnd Business ethics Profit Moral and ethical aspects Competition Corporations Moral and ethical aspects Wirtschaftsethik (DE-588)4066439-9 gnd Corporate Social Responsibility (DE-588)7697760-2 gnd |
| topic_facet | PHILOSOPHY / Ethics & Moral Philosophy BUSINESS & ECONOMICS / Business Ethics Business ethics Competition Corporations / Moral and ethical aspects Profit / Moral and ethical aspects Wirtschaftsethik Unternehmensethik Wettbewerb Business ethics Profit Moral and ethical aspects Competition Corporations Moral and ethical aspects Corporate Social Responsibility Aufsatzsammlung |
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