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Books > Business & Economics > Business & management > Business ethics
Corporate Citizenship (CC) has emerged as a widely used way of describing the role of business in wider society. As such, CC has been popular with academics, business leaders and politicians alike, as it locates the private corporation within a network of mutual responsibilities and obligations in their social environment. This title takes stock of the debate by tracing back its origin, identifying the key topics and delineating the key controversies. The book places the discussion on corporate citizenship in a political context within the wider debate on the role of business in society. In doing so, the individual chapters feature major contributions by the leading scholars in this area and provide an overview of ongoing developments, in particular at the transnational level.
It is now clear that human activity has influenced how the biosphere supports life on Earth, and given rise to a set of connected environmental and social problems. In response to the challenge that these problems present, a series of international conferences and summits led to discussions of sustainable development and the core dilemma of our time: How can we all live well, now and in the future, without compromising the ability of the planet to enable us all to live well? This book identifies the main issues and challenges we now face; it explains the ideas that underpin them and their interconnection, and discusses a range of strategies through which they might be addressed and possibly resolved. These cover things that governments might do, what businesses and large organisations can contribute, and the scope for individuals, families and communities to get involved. This book is for everyone who cares about such challenges, and wants to know more about them.
This book introduces readers to the moral dilemmas associated with business decisions, helping students to understand the moral and ethical considerations leaders face in the workplace, and providing a framework for balancing business demands with doing the right thing. The author walks readers through the basics of Western moral philosophy before the 20th century and beyond it, covering Utilitarianism, Universalism, the Golden Rule, and Virtue Ethics as well as compelling Eastern moral philosophy to help readers link individual behavior to the larger scheme of corporate social responsibility. The text combines this with a survey of various leadership theories-such as servant leadership, awakened leadership, authentic leadership, and spiritual leadership-to present a model that combines the strengths of each theory. Students will become familiar with the mindsets behind moral pitfalls along with their potentially disastrous effects and how these can be overcome. Chapter summaries and relevant cases, including studies on Fidel Castro, Wells Fargo, Mylan's EpiPen Price Gouging, and more will help students to place theories in context, learning how to achieve success in business ventures successfully, compassionately and ethically. With an easy-to-grasp three-part progression and reflective questions for both chapters and cases, Ethical Leadership will benefit students of leadership and business ethics.
Five Steps to Strengthen Ethics in Organizations and Individuals draws on research and history to present effective tools to strengthen organizational ethics. Focusing on key topics such as the planning fallacy, moral disengagement, moral courage, the illusion of ethical superiority, confirmation bias, groupthink, whistleblowers, mindfulness and mindlessness, making authentic apologies, and more, this book discusses specific positive actions that get results and avoid common pitfalls. Research findings and examples from organizations-including missteps by the Veterans Administration, Penn State University, the APA, General Motors, Enron, and Wells Fargo-inform the strategies this book presents and highlight lessons in organizational ethics. Scholars, researchers, professionals, administrators, students, and others interested in organizational studies and ethics will find this unique book essential in training and practice.
This book presents a critical understanding of Indian business situated as an encounter between indigeneity and Western modernity by exploring notions and practices of responsibility. It brings the paradoxical nature of Indian businesses to the fore: though they have a rich history of philanthropic contributions to social causes, they have also been known for labour rights and human rights violations, environmental abuses, destruction of habitats, pollution and corruption. The book shows how Indian firms straddle these two starkly contrasting positions and the many blends in between to conform to global developments in the pursuit of corporate social responsibility (CSR). It also looks at the emergent field of critical studies and analysis of CSR, especially from the context of a developing country. Part of the 'Contemporary Themes in Business and Management' series, this book will interest scholars of international business studies, management studies, economics, post-colonial management, organisational studies and corporate social responsibility, as well as businesses, corporates and practitioners.
Collective bargaining between employers and trade unions has profoundly changed working conditions in companies around the globe. But why do we start work at the age of 10, 16, 18 or 24? Why do we work 6, 8, 10 or more hours a day? These questions are becoming increasingly pertinent as working norms are fractured and fragmented by country. This book brings an entirely new perspective to our understanding of changes in working time. In both the UK and the US, effective legal or collectively-bargained regulation of working time has been limited over the last 20 years, to the extent that its disappearance is seen as almost unproblematic. Here author Jens Thoemmes sheds light on this transition and its economic implications with a fully evidenced sociological account, based particularly on original research into cases of working time standards in France and Germany. This book addresses the whole process of working time regulation over the last twenty years, evaluating the activities of trade unions, employers, and the State. While theories of industrial relations have already addressed the issue of markets in the context of collective bargaining, this book draws connections between time and markets, places these transitions in their historical contexts, and illustrates the importance of this movement crossing borders and cultures.
The main theme of this book is that, within contemporary capitalist societies a materialist outlook informed by science has triumphed creating the lack of a spiritual dimension to give meaning and purpose to the activities that are necessary for a capitalist society to function effectively. Capitalist societies are in trouble and need to be restructured to provide for the material needs of all the people who work within the system, not just the one percent, but because of the lack of a spiritual connection with each other and with nature this is not likely to happen. It has been said that society and the organizations within treat one another as objects to be manipulated in the interests of promoting economic growth and treat nature as an object to be exploited for the same purpose. This way of treating each other, and nature, is consistent with the way a capitalist system has worked in the past and was supposed to enable it to function efficiently to provide a fulfilling and enriched life for all its adherents through growth of the economy. However, as capitalist societies have become dysfunctional they will need a different kind of orientation to continue in existence. Restructuring Capitalism: Materialism and Spiritualism in Business argues that what is needed is a new sense of a spiritualization of the self and its relation to others and to the establishment of a spiritual connection with nature in order for capitalism to be restructured to work for everyone and for the society as a whole.
Ideally suited to researchers, postgraduates and professionals interested in key issues such as tax avoidance and corporate privacy, the latest volume of Research in Ethical Issues in Organizations examines how profit seeking and not for profit organizations can be conceived and designed to satisfy legitimate human needs in an ethical and meaningful way. The volume addresses a range of contemporary issues in applied and professional ethics and explores the unique role of organizational ethics in creating and sustaining a pluralistic, free enterprise economy.
Values-driven organizations are the most successful organizations on the planet. This book explains that understanding employees' needs-what people value-is the key to creating a high performing organization. When you support employees in satisfying their needs, they respond with high levels of engagement and willingly commit their energies to the organization, bringing passion and creativity to their work. This new edition of The Values-Driven Organization provides an updated set of tools to assess corporate culture, new case studies on cultural transformation and additional materials on sustainability, measuring cultural health at work and the specific needs of the millennial generation. The Values-Driven Organization is essential reading for students, researchers and practitioners of organizational change, leadership, HRM and business ethics.
SHORTLISTED FOR FT & MCKINSEY BUSINESS BOOK OF THE YEAR 2020 FT Best books of 2020 "This powerful and readable book is a clarion call for reimagining and remaking capitalism. We can have a more moral and more innovative capitalism. There is hope!" -Daron Acemoglu, coauthor of Why Nations Fail WHAT IF BUSINESS COULD HELP SOLVE THE GREATEST PROBLEMS OF OUR TIME? Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the world has ever seen. At the same time, its single-minded pursuit of profit has led to rampant inequality and the looming threat of climate catastrophe - and now threatens to destroy the society on which it depends. Rebecca Henderson, John and Natty McArthur University Professor at Harvard University, argues that business can simultaneously make a positive impact on the world by confronting the realities of our environmental crisis and the need to address social and economic inequality, while also delivering the sustained economic growth that brings prosperity and wellbeing to society as a whole. Drawing on lessons from companies from around the world who are already making a positive difference, Reimagining Capitalism shows that this new approach is not only a moral imperative but also an extraordinary opportunity to drive growth and innovation in an increasingly competitive world. And, perhaps most critically, she suggests that it has the potential to balance the power of the market with the power of democratic, accountable government and strong civil society - the only long term solution to the problems that we face. "This powerful and readable book is a clarion call for reimagining and remaking capitalism. We can have a more moral and more innovative capitalism. There is hope!" -Daron Acemoglu, coauthor of Why Nations Fail
Corporate social responsibility was one of the most consequential business trends of the twentieth century. Having spent decades burnishing reputations as both great places to work and generous philanthropists, large corporations suddenly abandoned their commitment to their communities and employees during the 1980s and 1990s, indicated by declining job security, health insurance, and corporate giving. Douglas M. Eichar argues that for most of the twentieth century, the benevolence of large corporations functioned to stave off government regulations and unions, as corporations voluntarily adopted more progressive workplace practices or made philanthropic contributions. Eichar contends that as governmental and union threats to managerial prerogatives withered toward the century's end, so did corporate social responsibility. Today, with shareholder value as their beacon, large corporations have shred their social contract with their employees, decimated unions, avoided taxes, and engaged in all manner of risky practices and corrupt politics. This book is the first to cover the entire history of twentieth-century corporate social responsibility. It provides a valuable perspective from which to revisit the debate concerning the public purpose of large corporations. It also offers new ideas that may transform the public debate about regulating larger corporations.
From Stephen R. Covey's eldest son comes a revolutionary new path towards productivity and satisfaction. Trust, says Stephen M.R. Covey, is the very basis of the new global economy, and he shows how trust--and the speed at which it is established with clients, employees and constituents--is the essential ingredient for any high-performance, successful organization. For business leaders and public figures in any arena, "The Speed of Trust" offers an unprecedented and eminently practical look at exactly how trust functions in our every transaction and relationship--from the most personal to the broadest, most indirect interaction--and how to establish trust immediately so that you and your organization can forego the time-killing, bureaucratic check-and-balance processes so often deployed in lieu of actual trust.
The COVID-19 pandemic underscored longstanding fissures in China's business relationships with the West. If the West is going to develop a relationship of mutual trust and improve business relations with China in the coming decades, it is imperative to understand how to engage with Chinese thinking on ethics in business-this book explains how. Government officials, businesspeople, and business-ethicists have trouble communicating about issues in ethics, policy, and business across the China-West divide. This book shows how to overcome the us-versus-them mindset plaguing China-West relations by presenting to Western audiences an easy-to-understand yet deeply informed primer on core ideas and perspectives in Chinese cultural and philosophical thought. The book considers original texts of Chinese philosophy and religion, and applies principles from those writings to three business-ethics topics of enduring interest to business executives, government officials, and academics, namely, the protection of intellectual property, assurance of product safety and quality in the pharmaceutical supply chain, and human rights. This book is a must-read for those who want to forge constructive relationships with their Chinese counterparts based on mutual trust and understanding. The book is specifically relevant to business executives, but it should also be of interest to policymakers, educators, and students who seek to communicate more effectively with their Chinese counterparts, in particular about difficult and contentious business, policy, and ethical issues.
Ongoing disruptive innovation has become the key competitive edge in staying ahead of the game in the inimitable, compelling, memorable experience-based economy. The 21st century organisation will be an ideas/imagination business. Within this business, people have moved centre stage in being the only true value unlockers and wealth creators as the source of imagination, creativity, innovation, and invention. Given people’s centrality to the continued viability of organisational performance and success in the present and future, knowing the state of their People Excellence is critical for every organisation. If there is on top of this criticality a global war for top talent, then ‘critical’ turns into mission-critical. It becomes the stark choice between either merely surviving because of a shortage of talent; or thriving because of creating the conditions under which people become the best they can, and want to, be. They flourish and thrive. People excellence sits at the confluence of thriving employees, delighted stakeholders, and a viable organisation. When organisations become excellent at helping their people to flourish, they in turn unlock real, amazing value and create worthy, lasting results to the delight of stakeholders, ensuring the organisation’s viability. This is why knowing the state of an organisation’s people excellence, as well as becoming smarter at people excellence, has become mission-critical for every organisation. The People Excellence Star offers you the opportunity to perform an integrated, strategic stress test of the overall people-worthiness of your organisation. You’ll be guided on how to apply the five critical dimensions of People Excellence: Identity, Capacity, Delivery, Outcomes, and Relationships – along with their 20 Excellence elements. You’ll discover the best thought-leadership, latest research, and cutting-edge practices regarding People Excellence to help you unleash the synergistic fusion of lasting People Excellence within your own organisation through the appropriate interventions.
This book probes if it is possible for PR practitioners to ethically navigate organizations toward CSR even when outcomes may be inconsistent with organizational self-interest. Importantly, how might PR practitioners recommend against doing something that may be consistent with organizational goals but bad for the environment or people? This book invokes postmodern and critical theories of PR to inspire and empower public relations practitioners to transform organizations into ethical, authentic and transparent public sphere members.
With the acceptance of CSR and Sustainability as important business performance indicators, it is timely now to assess the impact that leadership has on the development of these processes. CSR, Sustainability, and Leadership seeks to explore the integration of these three elements through an examination of concerns and trends in contemporary organisations. The authors discuss empirical and theoretical studies which focus on processes and practices which inform the field. Organisations wish not only to participate in responsible behaviour, but also actively lead within their local environments. However, businesses are failing in their execution of CSR because of ineffective leadership. Business leaders are central to an organisation's purpose in the world and this book will inform a robust discussion about social issues which are pressing to scholars, policymakers, not-for-profit organisations and students.
Showcases outstanding leaders and how they make decisions, build teams, use creativity and respond to fear of failureReal-life examples from the world of practiceComapny profiles include BCorp, Fairmont Santrol and Herman Miller
From corporate corruption and the facilitation of money laundering, to food fraud and labour exploitation, European citizens continue to be confronted by serious corporate and white-collar crimes. Presenting an original series of provocative essays, this book offers a European framing of white-collar crime. Experts from different countries foreground what is unique, innovative or different about white-collar and corporate crimes that are so strongly connected to Europe, including the tensions that exist within and between the nation-states of Europe, and within the institutions of the European region. This European voice provides an original contribution to discourses surrounding a form of crime which is underrepresented in current criminological literature.
Why is finance so important? How do stock markets work and what do they really do? Most importantly, what might finance be and what could we expect from it? Exploring contemporary finance via the development of stock exchanges, markets and the links with states, Roscoe mingles historical and technical detail with humorous anecdotes and lively portraits of market participants. Deftly combining research and autobiographical vignettes, he offers a cautionary tale about the drive of financial markets towards expropriation, capture and exclusion. Positioning financial markets as central devices in the organisation of the global economy, he includes contemporary concerns over inequality, climate emergency and (de)colonialism and concludes by wondering, in the market's own angst-filled voice, what the future for finance might be, and how we might get there.
* Quickly brings practising managers up to speed, providing clear models and practical steps to follow. * Contains interviews with key business leaders and practitioners and behind the scenes case studies. * The first edition was Bronze winner of the AXIOM Business Book Award in the category of Philanthropy, Non-Profit, Sustainability.
What is the primary purpose of business? The standard answer is `making profits,' but some visionary entrepreneurs and leaders fundamentally disagree. Instead of just making money, they choose instead to "dig deeper" and make a difference through creating real value - improving the lives of others even as they find deeper meaning in their own. These leaders build enterprises that provide identity and a sense of purpose, create positive relationships and a place to learn and thrive, embed sustainability in all that they do, and strive to improve the quality of life of all of their stakeholders. Although not their primary focus, they also make healthy profits, as their unique approach to value creation provides them with a sustainable competitive edge. Digging Deeper is a book full of inspiring stories that illustrate that there is an alternative to a myopic and narrow capitalism that trades in inequalities, exploitation, collective burnout and negative consequences for our shared natural environment. Remarkable examples from all over the world vividly demonstrate how enterprises can create real value through focusing on what the authors call the 6 Ls: long-term orientation, lasting relationships, local roots, limits recognition, developing a learning community and taking leadership responsibility seriously in its very best sense. Digging Deeper liberates the term "value" from the tight chains in which the global financial community has bound it and demonstrates that businesses can contribute to a better life for all - if their leaders can go beyond viewing enterprises as single-purpose money-making machines and develop purpose-driven enterprises that create real value for all.
Explores the impact of consumerism from a design perspectiveEssential reading for practitioners, researchers and students in the design industryWill be of interest to sustainability professionals, as well as conscious consumers
As each week beings more stories of doctors, lawyers and other professionals abusing their powers, while clients demand extra services as at a time of shrinking resources; it is imperative that all practising professionals have an understanding of professional ethics. In The Ground of Profesional Ethics, Daryl Koehn discusses the practical issues in depth, such as the level of service clients can justifiably expect from professionals, when service to a client may be legitimately terminated and circumstances in which client confidences can be broken. She argues that, while clients may legitimately expect professionals to promote their interests, professionals are not morally bound to do whatever a client wants. The Ground of Professional Ethics is important reading for all practising professionals, as well as those who study or have an interest in the subject of professional ethics. |
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