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The scientific theory merely made explicit what they were implicitly assuming for the purpose of doing business. [ 141 ] The economists assumed all sorts of things about an economy and economic actors, in order to build models of price behaviour; Marx thought those assumptions themselves needed to be looked at and theorised consistently, based ...
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
In value theory, the study of ethical value includes the use of other disciplines, such as: anthropology, behavioral economics, business ethics, corporate governance, moral philosophy, political sciences, social psychology, sociology and theology.
Moral Mazes: The World of Corporate Managers is a 1988 book by sociologist Robert Jackall that investigates the world of corporate managers in the United States.. In the introduction, Jackall writes that he "went into these organizations to study how bureaucracy—the prevailing organizational form of our society—shapes moral consciousness" [1] and that the book is "an interpretive ...
In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [ 1 ]
Stakeholder theory is a theory of organizational management and business ethics that addresses morals and values in managing an organization. It was originally detailed by Freeman in the book Strategic Management: a Stakeholder Approach, and identifies and models the groups which are stakeholders of a corporation, and both describes and recommends methods by which management can give due ...
Robert C. Solomon (September 14, 1942 – January 2, 2007) was a philosopher and business ethicist, notable author, and "Distinguished Teaching Professor of Business and Philosophy" at the University of Texas at Austin, where he held a named chair and taught for more than 30 years, authoring The Passions: Emotions and the Meaning of Life (1976) and more than 45 other books and editions.
Economic ethics is the combination of economics and ethics, incorporating both disciplines to predict, analyze, and model economic phenomena. It can be summarised as the theoretical ethical prerequisites and foundations of economic systems.