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Books > Business & Economics > Business & management > Business ethics
This book discusses sustainable development decision-making.
Focusing on decisions to invest in wind turbine technology as part
of a corporation's CO2 emission reduction strategy, it presents a
new evaluation framework, based on the triple bottom line framework
widely used by businesses to communicate their adherence to
corporate social responsibility. This new framework allows the
evaluation of strategic corporate decisions to invest in wind
turbines to mitigate global warming in the context of a
corporation's social responsibility, and includes an objective
measurement stage to add rigor to the evaluation process. The book
describes the use of measured data from wind turbine projects to
both develop and validate the methodology, and also identifies key
enablers and barriers as businesses attempt to successfully
integrate corporate social responsibility into their overall
business strategy. Given its scope, the book appeals to
postgraduate students, researchers, and business professionals
interested in the environmental impact of corporations. Featuring
case studies from Ireland, it is particularly relevant to audiences
within Europe.
The tapestry of human behaviour in the marketplace today is
turbulent, unpredictable, and chaotic. Yet it is also so diverse,
rich and global that it presents a rare ethical and moral
opportunity, and challenge, to out-behave competition and create
enduring value. This is corporate ethics for corporate advantage.
Corporate Ethics for Turbulent Markets: The Market Context of
Executive Decisions focuses on the HOW of doing business - the
economic, social, ethical, moral and spiritual values we bring to
our business ventures - and how thereby we impact the world. The
book focuses on the LEMS (legality, ethicality, morality, and
spirituality) technique that we submit as a prescriptive
benchmarking tool for all corporate thinking, deliberation,
explanation, evaluation, choices, strategic implementation,
accountability and moral responsibility. It demonstrates that by
going beyond the legal obligation (legality) to do the "right
thing" (ethicality), to do the "right thing rightly" (morality),
and doing the "right thing rightly and for the right intentions"
(spirituality), we can create a sure strategy for good decision
making and implementation that can heal the world from its current
addictions to corporate fraud in all its evil forms. Envisioning a
moral reawakening, this book will challenge business students and
executives alike to re-evaluate the moral justification of business
choices, decisions, actions and their consequences. LEMS as a
four-dimensional cross-checking skill for all that we think, do,
become and be takes time and patience but it can surely heal an
otherwise divided and broken world.
In this volume three of the leading scholars in business ethics
have arranged a selection of articles examining the intersection of
psychology and ethics in relation to organizational concerns. In
searching for appropriate business ethics for the 21st century, it
is imperative that we continue to embrace a range of inter-related
disciplines such as psychology and ethics, but also areas including
philosophy, politics, religion, organizational studies, financial
and managerial accounting, and many others. This volume serves as
an example of interdisciplinary scholarship. In addition, this
volume includes articles on religion in business, academic ethics
(as an emerging field within organizational ethics), and corporate
values in practice.
This book discusses dignity in the organizational context.
Combining diverse theoretical and methodological approaches, as
well as empirical studies, this book examines the concept of
dignity between organizations and a variety of stakeholders. Going
beyond the traditional approach of the relationship between company
and employees, and beyond the traditional perspective of human
dignity in a Kantian or post-Kantian approach, this volume
innovates by discussing dignity from different epistemic
perspectives, bringing to the fore dignity, inserted in different
organizational and cultural contexts. The volume is divided into
five parts. The first part is dedicated to the concept of dignity
in the organizational sphere (dignity inside organizations, dignity
between organizations and their stakeholders, and dignity in
business-to-business relationships) discussed under different
epistemic approaches. The second part deals with dignity in the
relationships between companies and employees. The third part deals
with the relationship between companies and clients. The fourth
part of the book studies business-to-business relationships,
addressing the educational sector, restaurants, and microcredit.
Finally, the fifth part focuses on the relationships between the
organizational dignity construct and other constructs, such as
stress, spirituality and trust. Opening new theoretical and
methodological perspectives for the study of dignity, this book
will be of use to researchers and students studying management,
leadership, and business strategy, as well as management and HR
professionals.
The book is divided into three relatively coherent sections that
focus on understanding the emergence of (un)ethical decisions and
behaviors in our work and social lives by adopting a psychological
framework. The first section focuses on reviewing our knowledge
with respect to the specific notions of ethical behavior and
corruption. These chapters aim to provide definitions, boundary
conditions and suggestions for future research on these notions.
The second section focuses on the intra-individual processes
(affect, cognition and motivation) that determine why and how
people display unethical behavior and are able to justify this kind
of behavior to a certain extent. In these chapters the common theme
is that given specific circumstances psychological processes are
activated that bias perceptions of ethical behavior and decision
making. The third section explores how organizational features
frame the organizational setting and climate. These chapters focus
on how employment of sanctions, procedurally fair leadership and a
general code of conduct shapes perceptions of the organizational
climate in ways that it becomes clear to organizational members how
just, moral and retributive the organization will be in case of
unethical behavior.
This book explores the role of art and spiritual practices in
management education. It takes recent developments in cognitive
science relating to the metaphorical and embodied nature of
cognition as its starting point. Introducing the concept of
'sensory templates', Springborg demonstrates how managers
unconsciously understand organizational situations and actions as
analogous to concrete sensorimotor experiences, such as pushing,
pulling, balancing, lifting, moving with friction, connecting and
moving various substances. Real-life management and leadership case
studies illustrate how changing the sensory templates one uses to
understand a particular situation can increase managerial
efficiency and bring simple solutions to problems that have
troubled managers for years. Sensory Templates and Manager
Cognition will be of interest to scholars and students of
managerial cognition, leadership and neuroscience, as well as
practising managers and management educators.
The author discusses the nature of the Social Conscience and the
moral values that it embodies. Seeking to do what is right,
motivated by a sympathetic awareness of others, driven by the
instinct to care and acknowledging the necessity to share, the
Social Conscience expresses innate moral values. In these troubled
times, satisfactory solutions to economic and social problems will
not be found through either capitalism or socialism. The Social
Conscience is the third way to defining social policy that
reconciles economic progress, social justice and individual
freedom. Glautier poses the two questions above in the context of:
- The social effects of globalisation - Rapid scientific and
technological changes and their impact on society worldwide - Moral
values, family values and shareholder value - Problems of identity
and social cohesion - The role of education in a society that seems
to have lost a sense of purpose and direction - A market economy
with a value system that affronts the Social Conscience - Freedom
that rejects authority and is surrendered to permissiveness - The
widespread loss of confidence in government. He argues that, driven
by profit seeking and emphasising shareholder value as the primary
objective of business, the market economy undermines traditional
values of caring and sharing. By identifying family values as those
that explain, sustain and justify a caring society, he reaches out
to man's fundamental nature and to what is common to all beliefs.
One of the most important manuscripts surviving from
thirteenth-century England, the corpus of documents known as the
Hundred Rolls for Cambridge have been incomplete until the recent
discovery of an additional roll. This invaluable volume replaces
the previous inaccurate transcription by the record commission of
1818 and provides new translations and additional appendices.
Shedding new light on important facets of business activity in
thirteenth-century Cambridge, this volume makes a significant
contribution to our knowledge of the early phases of capitalism.
This unique text will be of interest to anyone working in the
fields of economic and business history, entrepreneurship,
philanthropy and medieval studies. A research monograph based on
recently discovered historical documents, Compassionate Capitalism:
Business and Community in Medieval England, by Casson et al, is
also now available from Bristol University Press.
This open access book examines the magnitude, causes of, and
reactions to white-collar crime, based on the theories and research
of those who have uncovered various forms of white-collar crime. It
argues that the offenders who are convicted represent only 'the tip
of the iceberg' of a much greater problem: because white-collar
crime is forced to compete with other kinds of financial crime like
social security fraud for police resources and so receives less
attention and fewer investigations. Gottschalk and Gunnesdal also
offer insights into estimation techniques for the shadow economy,
in an attempt to comprehend the size of the problem. Holding broad
appeal for academics, practitioners in public administration, and
government agencies, this innovative study serves as a timely
starting point for examining the lack of investigation, detection,
and conviction of powerful white-collar criminals.
This book explores the current state of Corporate Social
Responsibility (CSR) from an international perspective, the goal
being to share ideas and visions for a sustainable future and to
provide useful guidelines for academics, practitioners and
policymakers in the context of the 2030 "Agenda for Sustainable
Development" released by the United Nations. Research on CSR has
evolved considerably over the last three decades. However, there
are still many unanswered questions concerning the sustainability
of business in an increasingly changing world, for example: If most
companies consider CSR to be valuable to their organizations, why
do only 15% of them systematically implement Social Responsibility
initiatives? If CSR has been found to be profitable for companies,
why are they so reluctant to develop an active, internal CSR
policy? Why are there such significant differences in CSR adoption
from country to country? Why does it take a huge crisis to make
politicians react and regulate certain core CSR issues? This
contributed volume answers these questions, presenting a wealth of
case studies and new approaches in the process.
This book examines key issues in gender equality and corporate
social responsibility in Japan. Legal compliance, the business case
and social regulation are examined as driving factors for enhancing
gender equality in corporations. In turn, case studies from various
contexts, such as the hotel industry, retail and financial services
companies add practical insights to the theoretical debate. The
role of governments, NGOs and supranational organizations is
examined as well. Given its scope, the book will appeal to
undergraduate and graduate students, scholars, policymakers and
practitioners interested in advancing the gender, CSR and
sustainability debates.
This new edition of Corporate Responsibility starts with a
fundamental shift in perspective from the previous edition by
highlighting the shift from corporate responsibility being a vital
business issue, to being the vital issue facing business. In the
process the author brings together a comprehensive guide to the
subject to addressing contemporary developments in both theory and
practice. A distinct intellectual framework is developed which
highlights the ways the issues at the heart of Corporate
Responsibility hang together. This links the ethics which underpin
the values of corporations and their leadership to the way they
exercise their responsibilities as stewards not just of their
business but of the natural, human and built environment which they
affect. Up-to-the minute research is integrated with case studies
that allow the teacher, student and researcher to access the body
of contemporary knowledge while responding to a rapidly changing
landscape.
Spend some time with three of today's most noted business pioneers and share their secrets for achieving international success. The New Global Leaders takes readers into the private worlds of Asea Brown Boveri's Percy Barnevik, Virgin founder Richard Branson, and British Petroleum titan David Simon to provide rare and candid profiles of how these charismatic leaders have redefined organizational growth and development in the latter 20th century. The authors were granted unprecedented access to these men and the results are as fascinating as they are informative. Readers are treated to personal interviews with these very powerful and very different personalities, each of whom provides a behind-the-scenes account of how he put his company on the global map. Sharing their philosophies, visions, and strategies, they exemplify leadership in an age of rapid and relentless change and provide new models of success for our post-industrial era.
When a customer, employee, or investor is faced with a choice of
companies amidst a sea of competitors, they increasingly consider
how responsible that organization is. Customers want to buy ethical
and sustainable; employees want to feel a sense of purpose at work,
and investors need reassurance that their investments are good for
the long term. To be competitive and valuable to society, firms
need to develop an organizational conscience that drives key
strategic decisions and spurs sustainable and responsible
innovation. In this book, the authors argue that organizations need
to think critically about their role and to use their conscience to
guide actions. With plenty of concrete suggestions based on
substantive research, it shows how firms can reconcile the
competing interests of stakeholders, create an organization that is
fair, open and transparent and do the right thing while building a
profitable business. With integrated videos and international case
studies featuring multinational companies as well as small firms,
this book explains how firms can make the transition to becoming
conscientious.
This book describes in detail how corporate responsibility is
changing in the age of big data and artificial intelligence and
demonstrates how corporate digital responsibility can offer
companies a sustainable competitive advantage. Business leaders and
managers find a comprehensive guideline to professionally implement
these innovative aspects in practice. It enables them to shape
their businesses' success in a societally responsible and ethical
manner in the context of digital transformation. As an essential
guide, it invites executives, corporate responsibility officers,
digital ethics experts, sustainability consultants, and anyone
interested to learn about the opportunities of responsible
digitalization at companies. In addition, the book offers a
well-structured introduction to the still young field of corporate
management and governance.
The research on social discourse in societies, firms, and
organizations written by researchers working in fields such as
Management, Corporate Governance, Accounting and Finance, Strategy,
Sociology, and Politics often make reference to the term
'stakeholder'. Yet the concept of the 'stakeholder' is unclear, and
research around it often muddled. This book provides an analysis,
classification, and critique of the various strands of theory about
stakeholders. The authors place these theories both in the context
of their philosophical underpinnings, and their practical and
policy implications. Practical examples based on new data are used
to examine a diverse range of stakeholders, and the relationships
stakeholders have with their organizations. This is the first book
on stakeholder theory to propose a critical analysis, both at the
macro and micro level, that is framed and guided by theory. Written
to provide both order and clarity to research into the concept of
the stakeholder, the book is also written as an introduction for
students. It includes chapter introductions, useful tables and
figures, short vignettes on key concepts and issues, and discussion
questions.
It is a serious mistake to think that all we need for a just world
is properly-structured organizations. But it is equally wrong to
believe that all we need are virtuous people. Social structures
alter people's decisions through the influence of the restrictions
and opportunities they present. Does buying a shirt at the local
department store create for you some responsibility for the
workplace welfare of the women who sewed it half a planet away?
Many people interested in justice have claimed so, but without
identifying any causal link between consumer and producer, for the
simple reason that no single consumer has any perceptible effect on
any of those producers. Finn uses a critical realist understanding
of social structures to view both the positive and negative effects
of the market as a social structure comprising a long chain of
causal relations from consumer/clerk to factory manager/seamstress.
This causal connection creates a consequent moral responsibility
for consumers and society for the destructive effects that markets
help to create. Clearly written and engaging, this book is a
must-read for scholars involved with these moral issues.
This volume explores organizational legitimacy in business,
featuring examples from a variety of industries around the world.
Synthesizing the most current theoretical insights and best
practices, the contributing authors examine the ways in which
organizational legitimacy can be understood, its perceived
influence on the market, and the relationship between
organizational legitimacy and overall organizational success. The
authors draw from different methodological perspectives to develop
a holistic approach to organizational legitimacy that transcends
the traditional concepts of corporate reputation, business ethics
or corporate social responsibility. Historically, efforts to
understand how organizations acquire, manage and use legitimacy
have applied insights from institutional theory, resource
dependence theory, organizational ecology and stakeholder theory,
but the field has remained fragmented, despite the profound
implications of achieving legitimacy for ensuring organizational
stability, survival and sustainability through access to capital,
resources and business opportunities, as well as problem solving,
performance measurement and stakeholder support. Presenting case
studies of successful initiatives, the book addresses: * How
organizational legitimacy is defined and measured * How
organizations achieve legitimacy and how they acquire resources *
How different stakeholders (e.g., consumers, investors, employees)
make legitimacy judgments and resource allocation decisions *
Whether audiences in the same socio-cultural context arrive at
shared legitimacy judgments with regard to a focal organization
In the past, profit was the driving force for most business
investment decisions. However, now organizations need to
additionally deliver on impact goals. Responsible Business Decision
Making provides a practical guide for how organizational leaders
can make smart responsible business decisions. It offers a
framework that eliminates internal bias, aligns ethical values with
business goals and draws on diverse case studies. The book will
answer questions such as: how can dialogue and data optimize
decision-making? How can ESG goals be translated into concrete
manageable actions? Which decisions best suit the strategic
objectives of the organization? This new edition has been updated
to offer an increased focus on dialogue and data-driven decision
making and new coverage on ESG, Sustainable Development Goals
(SDGs), digital transformation and the Raworth's Doughnut Economy
framework. Readers will benefit from many new international cases
covering topics such as ESG investment, SDG impact measurement and
sustainability transformation.
The global halal industry is likely to grow to between three and
four trillion US dollars in the next five years, from the current
estimated two trillion, backed by a continued demand from both
Muslims and non-Muslims for halal products. Realising the
importance of the halal industry to the global community, the
Academy of Contemporary Islamic Studies (ACIS), the Universiti
Teknologi MARA Malaysia (UiTM) and Sultan Sharif Ali Islamic
University (UNISSA) Brunei have organised the 4th International
Halal Conference (INHAC) 2019 under the theme "Enhancing Halal
Sustainability'. This book contains selected papers presented at
INHAC 2019. It addresses halal-related issues that are applicable
to various industries and explores a variety of contemporary and
emerging issues. It covers aspects of halal food safety, related
services such as tourism and hospitality, the halal industry -
including aspects of business ethics, policies and practices,
quality assurance, compliance and Shariah governance Issues, as
well as halal research and educational development. Highlighting
findings from both scientific and social research studies, it
enhances the discussion on the halal industry (both in Malaysia and
internationally), and serves as an invitation to engage in more
advanced research on the global halal industry.
This book provides cutting-edge insights into factors, issues and
instruments that foster entrepreneurship and innovation in its
various guises ,in India - the fastest growing economy in the world
today. India's future is predicated upon the capabilities of its
people and organisations to identify and develop new products,
services, types of organization and new forms of economic and
social engagement with producers, consumers, institutions,and her
citizens. The book addresses four critical factors - people,
technology, organisations and society. It evaluates how Indian
entrepreneurs utilise their range of key skills and entrepreneurial
competencies in local and transnational environments. It explores
how software and technological development, and the reorganisation
of the public research infrastructure, are leading to a
transformation of our organisations and our capacity to develop new
ones. Further, it examines the role of socially-unity-driven
entrepreneurship and community-based innovation centred round the
arts and culture in urban and rural settings, in promoting socially
oriented transformation. The book aims to offer a small but rich
portfolio of India's unique entrepreneurial capabilities.
Business schools have been criticized for several things, such as
lacking relevance, a too weak ethics orientation, dated paradigms,
or commercialization. Simultaneously, there has been much positive
change and accelerated dynamics toward forming future-ready
companies and graduates. This book outlines how to better
understand and master the digital transformation challenge. It is
essential that business school deans, program directors, and
faculty members embrace new opportunities to bring the UN-backed
Principles of Responsible Management Education (PRME) to life
successfully. Part of the Humanism in Business series, this book
constitutes a valuable resource for leaders in universities and
business schools, as well as individual faculty members aspiring to
optimize how they respond to digital transformation. It can also be
of use to those studying responsible management education,
leadership and business ethics more generally.
Addressing the need for further theorisation and operationalisation
of social entrepreneurship in India, this edited collection
provides a critical and deeper understanding of the social
entrepreneurial ecosystem. Covering topics such as entrepreneurial
intentions, empathy, impact investment and standardised social
measures, the contributors explore the potential of social
entrepreneurship and sustainable business models in an Indian
context. Offering empirical cases and presenting a realistic
perspective of the social entrepreneurship landscape in India, this
collection will undoubtedly be of value to those interested in
creating a social and sustainable impact in business and society.
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