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Denis Collins was born in the Bronx and raised in Carlstadt, New Jersey.He received a B.S. in business administration from Montclair State University in 1977, an M.A. in philosophy from Bowling Green State University in 1987, and a PhD in business environment and public policy from the University of Pittsburgh in 1990.
List of ethicists including religious or political figures recognized by those outside their tradition as having made major contributions to ideas about ethics, or raised major controversies by taking strong positions on previously unexplored problems.
In philosophy, an ethical dilemma, also called an ethical paradox or moral dilemma, is a situation in which two or more conflicting moral imperatives, none of which overrides the other, confront an agent. A closely related definition characterizes an ethical dilemma as a situation in which every available choice is wrong.
Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business ethical issues reflects the interaction of profit-maximizing behavior with non-economic concerns. Interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia.
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Friedman introduced the theory in a 1970 essay for The New York Times titled "A Friedman Doctrine: The Social Responsibility of Business is to Increase Its Profits". [2] In it, he argued that a company has no social responsibility to the public or society; its only responsibility is to its shareholders. [2]
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 ]
Thomas Donaldson is The Mark O. Winkelman Professor of Legal Studies & Business Ethics at the Wharton School at the University of Pennsylvania. He is an expert in the areas of business ethics, corporate compliance, corporate governance, and leadership. [1] He is Associate Editor for the Business Ethics Quarterly (2015-).