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Books > Business & Economics > Business & management > Business ethics
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Value Economics - The Ethical Implications of Value for New Economic Thinking (Paperback, 1st ed. 2016)
Loot Price: R821
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Value Economics - The Ethical Implications of Value for New Economic Thinking (Paperback, 1st ed. 2016)
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The last financial crisis revealed a gap between business practice
and ethics. In Value Economics, Griffiths and Lucas examine some of
the reasons for this ethical gap and discuss the resulting loss of
confidence in the financial system. One of the reasons has been
hazy or inadequate thinking about how we value economic
enterprises. With the close link between the creation of value and
business ethics in mind, this book proposes that economic value
should become the basic metric for evaluating performance in the
creation of value, and for establishing fair and reasonable
standards for executive compensation. Value Economics considers a
number of rational philosophical principles for business
management, on which practical codes of business ethics can be
based. As the creation of value has moral implications for economic
justice, the book reaffirms the argument for economics as a moral
science, and seeks, within the context of proposed changes in the
regulation and control of financial services, to answer the
following question: will things really change after the last
financial crisis?
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