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Books > Business & Economics > Business & management > Business ethics
There is much written about management fashion and about corporate social responsibility (CSR), but nothing which combines the two. This volume provides unique insight into both CSR and the travels of management ideas. It gets to the detail of CSR in practice, its institutions and actors in different contexts, and shows how it can be better understood with the broader lens of 'CSR as a management idea'. Both those with interests in CSR and in management ideas will benefit from this collection.' - Andrew Sturdy, University of Bristol, UKCSR (corporate social responsibility) has become a widely diffused concept in the business world. This book explores CSR as a management idea, that is, as a tool for organizational reform. It shows that CSR has much in common with other popular management ideas such as lean production, total-quality-management, just-in-time, business-process-reengineering and six sigma, but there are also significant differences. The book demonstrates how CSR standards are set and spread in the business community, but also what happens when CSR reaches management and is implemented and used in daily operations. The results represent a significant contribution to the literature on CSR by generalizing the concept and its operationalization. Moreover, the book contributes to organizational literature by highlighting important differences between popular management ideas and how they affect organizations. CSR as a Management Idea will prove invaluable to researchers and practitioners with an insight in the subject of CSR and business management. Students of more advanced courses in management and business ethics will also find plenty of innovative information from this important study. Contributors: M. Ardenfors, T. Borglund, N. Egels-Zanden, M. Frostenson, S. Furusten, M. Jutterstroem, M. Kallifatides, P. Norberg, S. Walter, A. Werr
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.
Professions, notably law, have traditionally considered advertising to be an inappropriate solicitation of business. The princliples long governing how lawyers developed their practices have, however, undergone significant change due to Supreme Court decisions. Relying on the First Amendment, the Court has overturned categorical bans on lawyers advertising and, in so doing, prompted a fresh consideration of what promotion, by way of advertising, lawyers may undertake in promotion of their practices and in the service of the public. What is permissible and what is not? What regulations are allowable in the protection of the substantial state interest and what infringes on the practitioner's rights? Hill examines all the essential factors including advertising itself; the law of advertising; the contemporary circumstances surrounding lawyers' advertising; the historical background which gave rise to restrictions on lawyers' commerical speech; the relevance of the First Amendment; the manner in which the Court and the profession have responded; and the continuing evolvement of standards. Hill's comprehensive, balanced, and highly informed analysis is a fundamental contribution on a subject of controversy not only in the legal profession but in others as well. It will serve as an essential resource for those in the law and those who relate to them from several vantage points.
Future-proof yourself and your organization against known threats to privacy and online safety The subject of data ethics has never been more urgent. This is no longer an academic or niche geek issue as it has been since the inception of the internet and the world wide web. Data ethics is an issue that affects all of us now as our personal and professional lives increasingly take place online. Who controls access to the hardware, who runs the software, who can spy on us, hack us, data farm us? What are the threats that we need to mitigate against democratically, societally, and personally? How can corporations protect us and how can that help their bottom line? The Privacy Mission aims to answer these questions and summarise both the overarching concepts and principles about why data ethics is important. It offers practical solutions for companies, policy makers and individuals to push back against known threats and future proof themselves going forward.
There is a growing movement to incorporate faith and spirituality in the workplace, to do things better, to utilize all the human capabilities of employees, and to truly revolutionize the role of business in the world. Creating Enlightened Organizations is the first book to provide a truly comprehensive approach to creating an organization designed to unleash full human potential in the workplace. Businesses have learned how to involve employees in problem solving, improve the emotional intelligence of their leaders, reengineer the business processes and create customer delight, but they have left out one essential ingredient that makes all the difference - the human spirit. There is a hunger for meaning and purpose in our workplaces and in our institutions. This book simplifies and organizes the best of what is going on in organizations at the individual, team and systems levels and provides guidance for putting it to practical use. It also offers a radically new view of the purpose of business in society and provides examples of leading edge organizations that make a positive difference in the world. Spirituality is the new competitive edge, and enlightened organizations know how to integrate the human spirit and spiritual values into their business practices.
This book is the first to explore the issue of corporate governance in China's new corporations. With rapid development over the last two decades, China has seen compelling achievements in overseas investment. Specifically, an increasing number of Chinese companies have been "going out" to become multinational enterprises. From the practical view, corporate governance issues have been identified in the literature as one of the most important factors in determining whether these Chinese multinational enterprises succeed or not. However, existing literature provides little investigation and understanding about corporate governance of Chinese multinational enterprises. This book fills that gap and will be of value to corporate executives, scholars of China's economy, and journalists.
This book provides an exhaustive, critical analysis of the challenges and opportunities associated with social enterprises and social innovation. More specifically, it addresses questions such as: What is a social innovation? Which are the best theories that explain how social innovations are generated and propagated in the global society? What is a social enterprise? Which are the theoretical perspectives that best describe the functioning of Social Enterprises , the threats and opportunities? How do social enterprises deal with the profit and non profit worlds and how these interactions affect their capability to be social innovators?The most recent literature has focused on strategies integrating conflicting logic, organizational practices or processes. In all these cases, the hybrid nature of the organization is implemented and sustained through original business models, new organizational arrangements and governance and novel strategies. We believe that the hybrid and institutional perspectives are just one of the many theoretical lenses that can be used to frame social innovation and social enterprises. Along this line, some have highlighted the inherent ethical nature of these phenomena, the critical role played by ethical values whose advancement go well beyond what expected by the corporate social responsibility, business ethics and institutional theorizing. This book follows these perspectives exploring the link between social innovation and social enterprises, presenting them as a new a new possible field of research that support new ways to understand and theorize individual, organizational and community behaviors.
Social Entrepreneurship provides a 10-stage framework for building impactful ventures within and across new and existing organizations. The book summarizes the basic steps and tools needed to understand a social or environmental challenge of your choice, develop potential solutions, build a business model, measure outcomes, and grow your impact. This fully updated second edition builds on the concepts and tools introduced previously, broadening the scope to those working or preparing to work in organizations globally. Concepts addressed include intrapreneurship and, for the first time, extrapreneurship, which considers innovating across organizations to achieve collective impact. Featuring international case studies and interviews with leaders in the field, this comprehensive guide spans multiple sectors, including health, the environment, education, agriculture, commerce, finance, and retail. Summaries, exercises, and key learning points help to aid and cement learning. A widely regarded and valuable text, Social Entrepreneurship should be core reading for advanced undergraduate and postgraduate students studying entrepreneurship and social entrepreneurship. The book's applied 10-stage approach will also be valuable for those in executive education as well as professionals and entrepreneurs looking to equip themselves with the tools needed to succeed in social change.
Ethical Prospects: Economy, Society, and Environment aims to present and summarize new perspectives and leading-edge results in ethics reflecting on interconnected economic, social and environmental issues. The yearbook reports on innovative practices and policy reforms and provides a forum for discussion about groundbreaking theories. The main function of the yearbook is to present ideas and initiatives that lead toward responsible business practices, policies for the common good and ecological sustainability. It seeks to form a value-community of scholars, practitioners and policymakers engaged in genuine ethics in business, environmental management, and public policy.
Paul M. Minus Overview The papers gathered in this volume were first presented for reflection and discussion at a landmark event in March 1992. The International Conference on the Ethics of Business in a Global Economy, held in Columbus, Ohio, brought together over 300 participants from twenty-two nations in six continents. This was the most geographically diverse body of leaders ever assembled to consider issues of ethics in business. Approximately two-thirds of them were business executives; the others came mainly from the fields of education and religion. Knowing the context from which this book emerged will help readers understand its composition and content. As can be quickly seen, the fourteen authors who have contributed to it come from different areas of the world and from different fields of endeavor. One finds, first, essays on the book's central theme by business leaders from four nations. Next there are analyses of three key topics by scholars active in the fields of economics and ethics. Then come statements by practitioners of four major world religions on the relevance of their respective traditions to the ethics of business. Finally there are six brief case studies prepared by two business ethicists about specific ethical issues arising in international business. The authors address different facets of one of the most dramatic new facts of our time: the globalization of business. With many corporations now operating around the world and others planning a significant expansion of markets, this development is destined to accelerate in coming decades.
Through the personal stories of managers running global business,
this book takes an inside look into the dilemmas of managers who
are asked to make profits ethically according to the dictates of
their company's ethics code. It examines what companies think" they
are doing to help managers in those situations and how those
managers are actually affected. "Eileen Morgan does an excellent job of mapping the course for
navigating the previously uncharted global ethical waters. By
identifying best practices, she leads the reader on a journey from
Surviving, to Understanding to Knowing the ethical issues that
frequently confront international business people. This is a must
read for anyone who wants to successfully compete in world
markets."
Drawing upon both Jewish and Christian scriptures, this book lays a groundwork for understanding how grace is a critical element of leadership and followership studies. This volume, divided into three sections, begins by defining the concept of grace leadership, using biblical examples. Part two discusses how grace leadership develops while the last part of the book offers contemporary examples of leaders displaying grace to their employees. With cases from the military as well as organizational perspectives, this edited collection adds a new wrinkle to the leadership literature and will appeal to scholars in HRM and organizational studies.
This book demonstrates how human rights obligations of the EU foreign constitution can be operationalized in the realm of international economic regulation. The content is divided into three major parts. The first outlines the legal foundations needed for the EU to become a shaper of international investment law, which include the general principles and objectives of EU external policies, the Charter of Fundamental Rights, international human rights and the international investment competences of the EU. The second part demonstrates the current international investment regime's incompatibility with human rights interests, while the third analyzes two mechanisms stemming from trade Law - ex-ante human rights impact assessments and civil society monitoring bodies - and explores whether they could mitigate the current inequalities in the protection of rights. The potential of these mechanisms, the book argues, lies in their capacity to ensure a comprehensive assessment of all interests at stake, and to empower traditionally marginalized rights-holders to make, shape and contest the international investment regime.
In this book, Elisabeth Valiente-Riedl evaluates the capacity of Fairtrade labelling to enhance the livelihoods of marginalized producers in developing countries. She looks critically at the evolution of fair trade values and markets, including its somewhat controversial engagement with conventional businesses, and problematizes the role of the 'ethical consumer.'
This book celebrates the life and work of Tony Lowe, a pioneer of critical accounting. The authors elaborate on the fact that Tony Lowe regarded accounting as a moral and political practice rather than some dry technical phenomena because it has serious social consequences. The essays in the book are written by a global community of Tony's former colleagues and students and show the value of adopting interdisciplinary perspectives. The essays locate accounting and business practices in wider social, economic and political contexts to show that Tony's ideas had far reaching applications for regulation, corporation governance, accounting, auditing, the environment, corporate social responsibility, organisational accountability, gender, race, globalization and the functioning of the state. The book is suitable for undergraduate and postgraduate students, scholars and practitioners seeking to free themselves from the shackles of conventional views about accounting and business practices.
"Gendered Discourse in Professional Communication" develops new theoretical and methodological approaches, employing an interdisciplinary, multi-method approach which includes the introduction of a framework entitled 'critical feminist' sociolinguistics'. The analysis focuses on linguistic practices used within corporate managerial interactions in conjunction with the gendered discourses that operate within these businesses. The study highlights the crucial role that gendered discourses play in defining 'acceptable' professional identities, and explores the manner in which these discourses serve to maintain the 'glass ceiling'.
The poignant rise and fall of an idealistic immigrant who, as CEO of a major conglomerate, tried to change the way America did business before he himself was swallowed up by corporate corruption. At 8 a.m. on February 3, 1975, Eli Black leapt to his death from the 44th floor of Manhattan's Pan Am building. The immigrant-turned-CEO of United Brands-formerly United Fruit, now Chiquita-Black seemed an embodiment of the American dream. United Brands was transformed under his leadership-from the "octopus," a nickname that captured the corrupt power the company had held over Latin American governments, to "the most socially conscious company in the hemisphere," according to a well-placed commentator. How did it all go wrong? Eli and the Octopus traces the rise and fall of an enigmatic business leader and his influence on the nascent project of corporate social responsibility. Born Menashe Elihu Blachowitz in Lublin, Poland, Black arrived in New York at the age of three and became a rabbi before entering the business world. Driven by the moral tenets of his faith, he charted a new course in industries known for poor treatment of workers, partnering with labor leaders like Cesar Chavez to improve conditions. But risky investments, economic recession, and a costly wave of natural disasters led Black away from the path of reform and toward corrupt backroom dealing. Now, two decades after Google's embrace of "Don't be evil" as its unofficial motto, debates about "ethical capitalism" are more heated than ever. Matt Garcia presents an unvarnished portrait of Black's complicated legacy. Exploring the limits of corporate social responsibility on American life, Eli and the Octopus offers pointed lessons for those who hope to do good while doing business.
Rapidly developing Artificial Intelligence (AI) systems hold tremendous potential to change various domains and exert considerable influence on societies and organizations alike. More than merely a technical discipline, AI requires interaction between various professions. Based on the results of fundamental literature and empirical research, this book addresses the management's awareness of the ethical and moral aspects of AI. It seeks to fill a literature gap and offer the management guidance on tackling Trustworthy AI Implementation (TAII) while also considering ethical dependencies within the company. The TAII Framework introduced here pursues a holistic approach to identifying systemic ethical relationships within the company ecosystem and considers corporate values, business models, and common goods aspects like the Sustainable Development Goals and the Universal Declaration of Human Rights. Further, it provides guidance on the implementation of AI ethics in organisations without requiring a deeper background in philosophy and considers the social impacts outside of the software and data engineering setting. Depending on the respective legal context or area of application, the TAII Framework can be adapted and used with a range of regulations and ethical principles. This book can serve as a case study or self-review for c-level managers and students who are interested in this field. It also offers valuable guidelines and perspectives for policymakers looking to pursue an ethical approach to AI.
Suppose an accountant discovers evidence of shady practices while ex amining the books of a client. What should he or she do? Accountants have a professional obligation to respect the confidentiality of their cli ents' accounts. But, as an ordinary citizen, our accountant may feel that the authorities ought to be informed. Suppose a physician discov ers that a patient, a bus driver, has a weak heart. If the patient contin ues bus driving even after being informed of the heart condition, should the physician inform the driver's company? Respect for patient confidentiality would say, no. But what if the driver should suffer a heart attack while on duty, causing an accident in which people are killed or seriously injured? Would the doctor bear some responsibility for these consequences? Special obligations, such as those of confidentiality, apply to any one in business or the professions. These obligations articulate, at least in part, what it is for someone to be, say, an accountant or a physician. Since these obligations are special, they raise a real possibility of con flict with the moral principles we usually accept outside of these spe cial relationships in business and the professions. These conflicts may become more accentuated for a professional who is also a corporate employee-a corporate attorney, an engineer working for a construction company, a nurse working as an employee of a hospital."
Outlining the requirements for management success in the Twenty-first century, the author proposes both a senior management career path to achieving top executive responsibilities and how the CEO successfully meets his or her challenges once that apex position is achieved. Over forty years of global management experience, including more than a decade as a Chief executive officer, underscores the dynamics of this book. It is intended for the aspiring individual who currently has some management experience, the ambition and dedicated focus to be a business leader, the self-confidence to be recognized, and to be comfortable with risk taking and to exercise "out of the box" thinking in accomplishing the vision they develop for their organization. It definitely is not for the faint of heart The book covers all the dynamics of these objectives, including the importance of the family, effective time management, discipline in all of its meanings and the real relationships between the business leader, the Board of Directors, the executive team, shareholders, employees, the market, and the increasing influence of government actions and involvement. Simply put, the purpose of this book is to assist you in planning and executing your career path to advance from your current business responsibilities to those of senior executive leadership - to those of a Chief Executive Officer, Managing Director or similar level of responsibilities. Recognizing that times and business environments change, it is designed to meet the challenges of the 21st Century; challenges you will face as an executive. This book is based on the author's personal business experiences covering 40 plus years. His senior management background included that of a CEO and President of a global heavy manufacturing, engineering and construction, and systems corporation. His business, military service and academic background proved to be of considerable value during the ups and downs of personal, corporate, and family life. It also provided him the basis for steadfast standards and values, affording an ethical barrier against the increasing prevaricating, cheating, obfuscating, thievery, and fraudulent global business and government events of the last 30 years or so. Unlike the questionable ethics and opportunistic management practices so evidenced by the Enrons, WorldComs, Tyco Internationals, MCIs, AIGs and, more recently, the Madoffs, Stanfords and Rothsteins of the world; the standards underwrote the strategic soundness of "being smart rather than clever" and trust implied in such policies as "Your Word is your Bond." This book is about the value and benefits of hard work, smartly done. It is about strengthening your self-confidence, flexibility and agility, and of realizing that you'll never fully achieve your potential, but you'll always - throughout your life - be striving for that goal. You are the person who never quits. You will find the premises of this book of considerable value. It is for the individual who "wants to make a difference," and who realizes that risks always are present in striving to achieve worthwhile goals.
Since the onset of the global economic crisis, everyone has a view
on how to fix capitalism - everyone, it seems, except the Church of
England. Given the widespread diagnosis of moral malaise in the
marketplace, one might have expected the established religion of
the UK to provide more leadership. In spite of its quietness in
recent public debate, the Church in fact has a lot to say on the
matter. Eve Poole examines the formal views and actions of the
Church of England in the run up to the financial crisis, as well as
the arguments of leading Church of England bishops, academics and
business people. She highlights the richness and distinctiveness of
the arguments emanating from the Church with regard to capitalism
and the market, but also points to some flaws, gaps and significant
silences. Poole urges the Church to stand up and be counted in
taking its proper place in re-shaping the global economy. She also
offers theologians a new framework for engaging in public theology.
This collection of expert articles explores the development drivers of new technology-based firms and projects. It provides perspectives for an in-depth understanding of how technological inventions lead to the creation of new and sustainable companies or business units. The authors address methods and concepts that help technology-based start-ups and entrepreneurial projects successfully develop innovative products and services.
Like every parent of a disabled child, Randy Lewis fears for the future of his son. People like Austin need the security of a job. Randy was a senior executive at one of the largest and fastest growing retailers in America. If his distribution centres did not deliver efficiently and economically, Walgreens could not serve its customers and would lose out to competitors. Randy's motto is "what's the use of having power if you don't use it to do good?" He set out to create an inclusive workplace where people with disabilities could thrive in jobs with equal pay and conditions, held to the same standards as those without disabilities. No Greatness without Goodness tells how Randy and his team achieved their goal, the impact it had, and how companies throughout the world like Boots and Marks & Spencer have been inspired by this example.
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.
The pandemic that struck in late 2019 - the coronavirus, commonly referred to as COVID-19 - affected every country in the world. This book examines how the pandemic has impacted healthcare institutions worldwide, and focuses on the international experience of COVID-19 in terms of healthcare delivery since 2019 and today. It highlights how healthcare facilities around the world have managed and continue to manage their obligations to their citizens. The book's goal is to improve our understanding of the many negative and positive impacts of the pandemic on various aspects of our lives, including the health aspect, and how healthcare institutions could expand their ability to manage similar pandemics in the future without seriously compromising their ability to address other, regular health issues. At the same time, it takes a closer look at CSR, sustainability, ethics, and governance issues related to the pandemic, as well as current CSR practices in each of the countries reviewed. Given its scope, the book will be of interest to a broad readership including researchers, practitioners, and students concerned with the pandemic's societal and public health implications. |
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