Bøger i Ethical Economy serien

This book presents a selection of articles with focus on the theoretical foundations of business ethics, and in particular on the philosophy of management and on human rights and business. This implies identifying and discussing conflicts as well as agreement with regard to the philosophical and other foundations of business and management.Despite the general interest in corporate social responsibility and business ethics, the contemporary discussion rarely touches upon the normative core and philosophical foundations of business. There is a need to discuss the theoretical basis of business ethics and of business and human rights. Even though the actions and activities of business may be discussed from a moral perspective, not least in the media, the judgments and opinions relating to business and management often lack deeper moral reflection and consistency.Partly for this reason, business ethicists are constantly challenged to provide such moral and philosophical foundations for business ethics and for business and human rights, and to communicate them in an understandable manner. Such a challenge is also of scientific kind. Positions and opinions in the academic field need to be substantiated by thorough moral and theoretical reflection to underpin normative approaches. Far too often, business ethicists may agree on matters, which they approach from different and sometimes irreconcilable philosophical standpoints, resulting in superficial agreement but deeper-lying disagreement. In other cases, it may be of high relevance to identify philosophical standpoints that despite conflicting fundamentals may arrive at conclusions acceptable to everyone.

In addition, it looks at general questions regarding ethical behaviour and risk taking, such as: To what extent does the social embeddedness or abstraction play a role in guaranteeing ethical behaviour?

It examines those areas of scientific practice where reliance on the subjective judgment of experts and practitioners is the main source of useful knowledge to address and possibly, bring solutions to social problems. The book looks at how experts reach consensus in the social sciences, and which experts are relevant to which problems.

Over the last years, "Creating Shared Value" has become a much discussed concept in business practice as well as in management theory and especially in the context of corporate social responsibility.

This book demonstrates how the conceptual resources of contemporary French philosophy from the early 20thCentury to the present day can be applied to give us new perspectives on business ethics and the ethics of organizations.

It examines those areas of scientific practice where reliance on the subjective judgment of experts and practitioners is the main source of useful knowledge to address and possibly, bring solutions to social problems. The book looks at how experts reach consensus in the social sciences, and which experts are relevant to which problems.

Recent economic development and the financial and economic crisis require a change in our approach to business and finance. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity.

This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax, Virginia. Perfectly good papers about issues not related to Buchanan's research agenda or not referring directly to Buchanan's work were not included.

This volume unites the perspective of business ethics with approaches from strategic management, economics, law, political science, and with philosophical reflections on the theory of Corporate Citizenship and New Governance.

In addition, it looks at general questions regarding ethical behaviour and risk taking, such as: To what extent does the social embeddedness or abstraction play a role in guaranteeing ethical behaviour?

It was at the fifth SEEP-Conference on Economic Ethics and philosophy in autumn 1997 that the organizational work of the seventh conference in 1999 was entrusted to the editors of this volume.

In order to survive as a social institution a firm needs a constitutional social contract, even though implicit, among its stakeholders.

v Chapter 1 Cultural Factors in Economic Growth MARK CASSON AND ANDREW GODLEY . III Chapter 5 Cultural Determinants of Jewish Immigrant Entrepreneurship in the UK and USA and British and American Culture ANDREW GODLEY . 152 Chapter 8 Culture and the Myth of Economic Determinism in Global History and World Politics KEN DARK .

Increased understanding in international business grows both from an awareness of cultural differences as well as from an appreciation of underlying shared values across cultures. They also represent diverse disciplines: economics, philosophy, business ethics, history, religion, education, and political theory.

Hong Kong is truly a society in transition, a society whose time is running short and which therefore cannot afford to wait long before it has to make decisive choices, choices also in ethics.

In this respect, questions such as the following arise: Are the various ethical problems faced during the exercise of a profession different in kind from those ethical problems faced in everyday life?

This book grew out of'a three-day international workshop addressing these issues, held at the Management Centre for Human Values (MCHV), Indian Institute of Management, Calcutta, during February 1998.

Discussing ethics applied to finance can become a trivial and selfjustifying task if left to the practical men, or a task with no connection to reality, if performed by philosophers.

Business ethics is increasingly paid attention to in the public debate. The rapid changes in business conditions, due to changing institutions, changing markets and new means of communication in business, call for a renewal of the discussion of ethics and morality in business life.

The contribution of this volume to the current debate in economic ethics and business ethics lies in its analysis of the different meanings of the good and in its reflection on the possibilities of implementing ethical goods into the practice of the economist and the manager of the firm.

Recent economic development and the financial and economic crisis require a change in our approach to business and finance. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity.

A growing body of academic and business specialists are paying attention to ethical issues in business and economics, drawing on a wide range of different disciplinary and theoretical perspectives.

In this discussion both economists and philosophers try to disentangle issues relating to whether inheritance is legitimate. The text seeks to provide an overview of what economists and philosophers have to say on the matter, and confronts and discusses two radically opposed reform proposals.

This volume explores corporate governance from three perspectives: a traditional economic, a philosophical, and an integrated business ethics perspective. Economic sciences have failed to provide a clear definition of the corporate governance concept.

v Chapter 1 Cultural Factors in Economic Growth MARK CASSON AND ANDREW GODLEY . III Chapter 5 Cultural Determinants of Jewish Immigrant Entrepreneurship in the UK and USA and British and American Culture ANDREW GODLEY . 152 Chapter 8 Culture and the Myth of Economic Determinism in Global History and World Politics KEN DARK .