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Books > Business & Economics > Business & management > Business ethics
A new industrial miracle is needed in the United States, not unlike the one precipitated by the crisis of World War II. Our current crisis of global competition with lower-paying foreign jobs, coupled with the decline in the quality of education in America threatens our way of life and our American Dream. "Freedom at Work" introduces new paradigms that can spark this miracle. From replacing the archaic business paradigms that still dominate US businesses to the crisis in morality and values crippling the nation, author J. M. Murff addresses every facet of the challenge facing America. He also explains the need to reinvent business education and the revolution in innovation that the United States must now bring forth. In addition to introducing seven new business paradigms, "Freedom at Work" also provides the keys to an innovation revolution and new business economics for job creation. Murff discusses the need for the restoration of values upon which America was founded and which have floundered in recent years. To restore our place in the global economy, we must find a new way to teach business and to develop new laws for maximizing human potential. By using new tools for successfully navigating a global economy, we will be able to maximize business performance in the twenty-first century.
Events on Wall Street and Main Street reveal that some business leaders make dramatically unethical self-serving decisions that ignore the public interest. How can business schools educate future business leaders to make ethical decisions? Unfortunately, most business schools fail in teaching ethical decision-making. They erroneously assume that such decision-making is primarily conscious and reason-based, reflecting the western cultural orientation toward science and logic. In this book, Thomas Culham cites neurological findings showing that unconscious processes and emotions play a much more significant role than reason in making ethical decisions. Culham urges business schools to teach a modified form of emotional intelligence, linked with research-supported contemplative practices from the great meditative traditions. This book details the author's ethics curriculum and explains its successful application at the Sauder School of Business at the University of British Columbia. This fascinating, interdisciplinary, and highly practical curriculum integrates philosophy (virtue ethics), Daoist thinking, psychology, and neuroscience. This curriculum intends to transform the way business schools teach decisionmaking. Such an effort might just transform the way we do business.
Research on Professional Responsibility and Ethics in Accounting is devoted to publishing high-quality research and cases that focus on the professional responsibilities of accountants and how they deal with the ethical issues they face. The series features articles on a broad range of important and timely topics, including professionalism, social responsibility, corporate responsibility, ethical judgments, and accountability. The professional responsibilities of accountants are broad-based; they must serve clients and user groups whose needs, incentives, and goals may be in conflict. Further, accountants must interpret and apply codes of conduct, accounting and auditing principles, and securities regulations. Compliance with professional guidelines is judgment-based, and characteristics of the individual, the culture, and situation affect how these guidelines are interpreted and applied, as well as when they might be violated. Interactions between accountants, regulators, standard setters, and industries also have ethical components. Research into the nature of these interactions, resulting dilemmas, and how and why accountants resolve them is the focus of this journal.
The Moral Responsibilities of Companies is a philosophical analysis of the question of whether companies can be held morally responsible for the harms they create, and what implications such a view has on the moral position of employees and shareholders in these companies.
This book proposes an integrated approach to sustainability reporting, the goal being to overcome certain limitations of the well-established additive approach, where the reporting of environmental, social and economic issues is sequential, but separate. It argues that, in order to successfully communicate its commitment to sustainability, a company should report on how environmental and social issues impact its way of doing business, namely its business model, contributing to value creation. Thus, a reporting framework for business models that encompasses sustainability is presented. In turn, a number of illustrative examples are examined to show how business model reporting could be optimally used to provide effective and integrated sustainability reporting. The book also offers a broad analysis of corporate sustainability reporting, which includes a discussion of the theoretical background, an explanation of why companies provide sustainability reporting, a description of the current regulatory framework for sustainability disclosure, and a review of sustainability reporting literature that shows the main characteristics of sustainability disclosure practices. Given its scope, the book will be of interest to all researchers and practitioners working for companies or organizations that aim to support, implement and improve their sustainability reporting, by adopting a more integrated approach that interconnects environmental and social aspects with the economic and financial results via the business model. The book also offers a valuable reference guide for social science researchers, including PhD students, interested in a discussion of the latest literature on sustainability, corporate social responsibility, and the communication of business models.
Probably since the mid-1980s, corporate governance has attracted a great deal of attention from corporate managers and investors' protection has become a much more important issue for all financial markets after recent firm failures and scandals. Especially important for all with an interest in how organizational governance is formed around socially responsible and accountable ways of leadership and management, this book provides new insights into various issues regarding business management and governance, and points to ways for businesses to make a real change for the betterment of the world, especially in the aftermath of the recent financial crisis 2007/2008.
This book provides a comprehensive overview of Corporate Social Responsibility (CSR) in Indian corporations following the 2013 legal mandate on corporate spending of profits for CSR. Bringing together authors hailing from diverse walks of life, the book pursues a 'hands-on' approach, with real-world case studies and examples that help the reader feel the dynamic pulse of India immediately after the ratification of the CSR mandate in the Companies Act, 2013. The Act is expected to affect over 16,300 companies with an estimated flow of approximately 200 billion Indian rupees into the economy every year, thus shaking the foundations of business and society and impacting the country at multiple stakeholder levels. As a result, India is likely to become the birthplace of social, economic, and environmental transformation through financial investments in CSR! In order to insightfully reflect on this transition, this book has been divided into three parts. The first part presents the CSR mandate and its implications, while the second focuses on its implementation and the third part provides a view on the way forward. The book helps to reveal the various layers of CSR in an emerging economy like India and is expected to spark debate, discussion and research among policy-makers, consultants, academics, practitioners and other stakeholders the world over, which will further expand its contribution to CSR literature and open up new vistas in CSR research. "This is indeed a first of its kind book and marks a watershed in the journey of CSR. It is an extremely important contribution to the body of knowledge in the area of CSR and Corporate Governance in emerging economies that is driven by a completely different set of challenges, opportunities and requirements from that of developed economies." Dr. Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs
This book comprehensively describes social responsibility and sustainable development, with contributions from scientists and representatives from industry working in the field. The papers are innovative, cross-cutting and many share practice-based experiences, some of which may be replicable elsewhere. Prepared by the Inter-University Sustainable Development Research Programme (IUSDRP) and the World Sustainable Development Research and Transfer Centre (WSD-RTC), it reiterates the current need to promote social responsibility. Social responsibility and sustainable development are two different concepts, whose integration over the years has led to significant advances in the way enterprises see and perceive their operations. It is not only about policies or steps taken to meet legal requirements, but is also about social equality and environmental accountability, also bearing in mind the links with eco-efficiency, innovation, and the health and wellbeing of workers. According to ISO 26000, social responsibility is the responsibility of an organisation for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour that: a) contributes to sustainable development, including health and the welfare of society b) takes into account the expectations of stakeholders c) is in compliance with applicable law and consistent with international norms of behaviour d) is integrated throughout the organisation and practised in its relationships. But even though the relations between social responsibility and sustainability are strong, it is still necessary to encourage organisations to adhere to, or at least follow the principles of sustainable development in their operations, giving something back to the community. As such, there is a need for a better understanding of how social responsibility is related to sustainable development, and of the identification of processes, methods and tools that may help the integration of these two important elements. There is also a real need to showcase successful examples of how to structure behaviour and institutional practice in line with the sustainability challenges we face today. Chapter [Reviewing the Stakeholder Value Creation Literature: Towards a Sustainability Approach] is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Since UN Secretary-General Kofi Annan launched the Global Compact in 1999, over 12,000 organisations around the world have voluntarily adopted and promoted its values and Ten Principles in the areas of human rights, labour, environment and corruption. This corporate citizenship initiative has been seen as a non-compulsory alternative to international market regulations. Around the globe, the UN Global Compact has promoted the creation of local and regional networks for businesses to act together to mainstream the Ten Principles. This edited volume brings together international contributions on the specific implications for business when embracing the Global Compact. Managerial, internationalisation, legal, behavioural and sociological perspectives are explored in this volume in which both evidences and theoretical developments are reflected.
Noted economist Douglas Vickers reexamines the relationship between economics and moral philosophy. That relationship, once very strong, is again the subject of increasing attention and discussion both within and beyond the academy. Vickers reestablishes the substantial bridges between ethical philosophy and economics. He addresses three main issues: first, the historical means by which economics has consciously surrendered its original association with ethical categories and criteria; second, the need to articulate the appropriate thoughtforms and vocabulary of ethical theory; and third, the illustration of areas in economics where ethical awareness is desirable and should be allowed to exert influence. This work is a major analysis which will be of considerable interest to economists, the business community, government regulators, and all concerned with economic decisionmaking in modern society.
Are you an aspiring entrepreneur, business owner, network marketer, or home front CEO? If so, this book is for you Whatever you do, if you want to have good success as it is described in Scripture, this first installment of the "Success on God's Terms" series of books is a must for your personal library. Success on God's Terms is an open door into marketplace ministry that will teach you how to put God first in your business endeavors. You will learn to use the Word of God to put together your personal equation for creating the life style of your dreams. C. Thomas Gambrell and Gerald D. Rogers share information with you that will help you unlock your full spiritual potential. Join them on a journey through the pages in this book series primer that will leave you inspired, self-motivated and filled with a burning desire to step into your "Success on God's Terms." As you read this map for good success you will learn how to: * Submit your Thoughts to God * Cultivate the Right relationships * Use Prayer to Power your Pursuits * Hear with Ear in your hEARt * Use the Word of God on Purpose * THINK, SPEAK and PERFORM to SEE the Kingdom of Heaven on Earth * AND MUCH, MUCH MORE
This book provides a business-oriented analysis of the United Nations (UN) Sustainable Development Goals (SDG). In order to assess their impact on businesses and corporations, the book addresses all 17 goals and a broad range of industries. Gathering contributions from Africa, Europe and Asia, it presents both critical reviews and case studies. In turn, the book seeks to predict likely developments during the next decade. To do so, it examines evidence from today's business world and how companies and corporations have been adopting the SDGs since their release. In this regard, it discusses the changes that will be required and how the agenda will affect the continent's development path. An underlying theme throughout the book is the role of monetary value and investment for sustainable development: whether through financing, enhanced turnaround resulting from a more educated population, or more socially innovative entrepreneurs.
BUSINESS ETHICS, 10th Edition, is a comprehensive and practical guide designed to assist students with real life ethical issues that arise in the business world. This text helps students develop critical thinking and analytical skills needed to navigate the unique set of problems that emerge when ethics and commerce collide. The authors focus on key ethical concepts and emphasize the importance of critical topics such as the nature of morality, major theories of ethics and economic justice and competing views of capitalism and corporate responsibility. This text is thorough, flexible and pedagogically proven to bolster student involvement and comprehension of the material.
This 2nd edition of Executive Ethics provides a variety of contemporary and timely readings squarely focused on the ethical dilemmas and challenges faced by today's C?suite executives. In addition to identifying these dilemmas and challenges, the contributors provide both knowledge and insight on how C?suite executives can proactively address such ethics issues. The contributors provide unique value propositions for the C?suite regarding the most critical ethical issues facing organizations today while also highlighting useful information for senior executives interested in integrating ethics into the leadership and management practices of their organizations. In the end, the book empowers C?suite executives to build a long?term, strategic, and enterprise?wide approach to ethics.
As a response to ongoing economic, social and environmental crises, many private actors have enlarged their definition of 'value' to include environmental and social elements. Such practices, however, appear incompatible with the current epistemological structure of academic financial discourse. This paradox challenges us to reconsider the foundations of modern finance, particularly the dominant role of shareholders. The volume argues there is a need to turn the established order upside down. Studies in economics and finance have to be embedded in environmental and social welfare to answer the challenges we face, and there is a need for a radical break with the methodological individualism that dominates economics, management and (especially) finance. It is our responsibility to question social welfare when it is defined only as maximising shareholder value. Should we instead promote a substitute to the shareholder? How should we (re)define the concept of value? This volume serves as a stepping stone for rethinking academic finance, and attempts to carve out innovative paths for financial research in the 21st century.
America's Culture of Professionalism proves an emerging culture of interdependence is possible if and when enough professionals and laypersons refashion their roles and relationships having both something to contribute and something to learn from each other.
This book provides essential reading for anyone with an academic or professional interest in business ethics today.
Corporate Social Performance - reflecting on the past and investing in the future is aimed at filling the fundamental gap that exists in our understanding of the drivers Corporate Social Performance, its evolution and relationships with the existing concepts and theories and the paradoxes that come from those connections. Moreover the volume aims at shedding the light on most important pitfalls that may occur while CSP application in business practice. The last but not least reason for its publishing is to show Corporate Social Performance as a significant pathway to the better world, that, as I hope, will be the inspiration for the readers. This book is authored by a range of international experts and scientists from all over the world with a diversity of professional and cultural backgrounds what hopefully will give the readers the opportunity to understand the CSP concept from different perspectives.
The aim of this volume is to explore entrepreneurship and business from the perspective of Islamic principles, which are usually based on collaboration, teamwork, generosity and altruism. The contributions deal with the confluence of Islamic Principles with entrepreneurial and business ownership characteristics; resource use by entrepreneurs; means of entrepreneurial success, and ethics and social responsibility.
An in-depth discussion and analysis of corporate misconduct and its complexities. Volume editors and their contributors explore the legal, societal, and business ramifications; offer a wide range of real-world and theoretical examples and the lessons they teach; and provide practical recommendations to management for countering misconduct in their own organizations. The book is also a valuable resource for teachers and students of business ethics, management, and business-government relations.
This book offers readers a comprehensive and in-depth legal analysis of corporate social responsibility (CSR) by examining the theoretical foundations of corporate governance and its legal mechanism in the United States and South Korea. Moreover, it proposes legislative blueprint for establishing the legal frameworks that might serve to legitimize and effectively implement CSR in general. Reflecting the zeitgeist of improved corporate accountability and transparency, the ongoing movement to enhance CSR has permeated entire sectors of society the world over. Despite the apparent ubiquity of CSR, the corporate laws of many countries remain relatively silent on the issue, omitting to include any explicit provision governing the concept. Partly in response to this lack of legislation, Korean corporate scholars, for example, have attempted to introduce American legal theories, systems and laws on CSR into Korea. Yet traditional Korean jurisprudence provides no defining foundation for CSR; indeed, the prevailing view in jurisprudence and scholarship passively resists instituting corporate responsibility into the law. In response to this jurisprudential and academic shortcoming, and as an example for other countries, this book provides a comprehensive guide to the relevant legislation and theory on CSR in Korean corporate law by employing a comparative study of the relevant American theories and laws. Proceeding from this analysis, the book then puts forward a legislative blueprint for establishing a foundation to legitimize and effectively implement CSR.
For the Common Good showcases the insights, reflections, and recommendations of some of today's most forward-thinking and inspiring leaders, as they explore the challenges of leadership in the context of our global, 21st-century society. Featuring original essays by such luminaries as Nobel Prize winner John Hume; Leader-to-Leader Chair Frances Hesselbein; Harvard University's Howard Gardner; M.K. Gandhi Institute's Founder Arun Gandhi; poet David Whyte; and President Jimmy Carter, For the Common Good stresses the need for a new kind of leadership committed to promoting social welfare, justice, and opportunity. Against the all-too-familiar backdrop of corporate malfeasance, scandal in our religious institutions, political chicanery to serve ulterior motives, and constant reminders of the corruptive influences of power, the contributors apply their expertise in such fields as ecology, education, and conflict resolution to illuminate emerging roles and responsibilities of today's leaders. Collectively, the authors argue that because individuals, institutions, and societies are now so profoundly connected and inter-related, every decision of consequence has a ripple effect. Leaders of all stripes, including corporate executives, politicians, social activists, scientists, and educators, must display courage, integrity, humility, and the wherewithal to consider the long-term impact of their decision and actions. Most important, they must engage in dialogue and recognize that creative solutions to complex problems require collaboration across sectors and cultures to achieve common goals. The result is a provocative and multidimensional exploration of leadership in troubled and troublingtimes--but with a hopeful note that individuals and organizations will rise to the challenges. |
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