Hostname: page-component-586b7cd67f-dlnhk Total loading time: 0 Render date: 2024-11-28T05:12:16.761Z Has data issue: false hasContentIssue false

The Limits and Prospects of Business Ethics

Published online by Cambridge University Press:  23 January 2015

Abstract:

Business ethics has made important strides over the past decades, but it has also suffered significant failures as witnessed by the long line of business scandals in the past half century. This paper discusses different forms that business ethics has taken in relation to the goal of businesses acting ethically. In the end, it maintains that a major challenge current business ethics faces is the lack of an account of business organizations as they ethically develop and change both individually and systemically within social and political conditions. Even if business ethicists can rationally defend what businesses should be doing, unless we can relate this to how businesses can come to operate in those ways, our normative arguments will lack power, persuasiveness, and effectiveness. Only if we are able to provide this analysis will our normative ethics fulfill the practical task it has taken upon itself.

Type
BEQ’s Twentieth Anniversary: Editorial Reflections and Comments
Copyright
Copyright © Society for Business Ethics 2010

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Bowie, N. 1991. “Challenging the Egoistic Paradigm,Business Ethics Quarterly 1(1): 122.Google Scholar
De George, Richard T. 2010. Business Ethics, 7th ed. Upper Saddle River, N.J.: Prentice Hall.Google Scholar
Ghoshal, S. 2005. “Bad Management Theories Are Driving out Good Management Practices,Academy of Management Learning & Education 4(1): 7591.CrossRefGoogle Scholar
Reich, Robert B. 2007. Supercapitalism. New York: Alfred A. Knopf.Google Scholar
Rorty, Richard. 2006. “Is Philosophy Relevant to Business Ethics?Business Ethics Quarterly 16(3): 36980.CrossRefGoogle Scholar
Vogel, David. 2005. The Market for Virtue. Washington, D.C.: The Brookings Institution.Google Scholar
Werhane, Patricia H. 1999. Moral Imagination and Management Decision Making. New York: Oxford University Press.Google Scholar