The Fallacy of Corporate Moral Agency

The Fallacy of Corporate Moral Agency
Author: David Rönnegard
Publisher: Springer
Total Pages: 225
Release: 2015-05-12
Genre: Philosophy
ISBN: 9401797560

It is uncontroversial that corporations are legal agents that can be held legally responsible, but can corporations also be moral agents that are morally responsible? Part one of this book explicates the most prominent theories of corporate moral agency and provides a detailed debunking of why corporate moral agency is a fallacy. This implies that talk of corporate moral responsibilities, beyond the mere metaphorical, is essentially meaningless. Part two takes the fallacy of corporate moral agency as its premise and spells out its implications. It shows how prominent normative theories within Corporate Social Responsibility, such as Stakeholder Theory and Social Contract Theory, rest on an implicit assumption of corporate moral agency. In this metaphysical respect such theories are untenable. In order to provide a more robust metaphysical foundation for corporations the book explicates the development of the corporate legal form in the US and UK, which displays how the corporation has come to have its current legal attributes. This historical evolution shows that the corporation is a legal fiction created by the state in order to serve both public and private goals. The normative implication for corporate accountability is that citizens of democratic states ought to primarily make calls for legal enactments in order to hold the corporate legal instruments accountable to their preferences.

Corporate Ethics, Governance, and Social Responsibility: Precepts and Practices: Precepts and Practices

Corporate Ethics, Governance, and Social Responsibility: Precepts and Practices: Precepts and Practices
Author: A. C. Fernando
Publisher: Pearson Education India
Total Pages: 265
Release: 2009
Genre: Business ethics
ISBN: 8131786692

Is profit-making the only goal of a business? Should an unbridled market mechanism drive corporate enterprise? To what extent should corporations compensate for the manifest and hidden costs that are incurred by the society at large? These are some of the questions that have engaged specialist economists, business barons, corporate heads and management experts for decades. Corporate Ethics, Governance, and Social Responsibility: Precepts and Practices addresses these issues and deals with three key concepts impacting contemporary businesses: business or corporate ethics, corporate governance, and corporate social responsibility.

The Moral Responsibility of Firms

The Moral Responsibility of Firms
Author: Eric W. Orts
Publisher: Oxford University Press
Total Pages: 246
Release: 2017
Genre: Business & Economics
ISBN: 0198738536

This book examines whether firms as organizations can be considered morally responsible for their actions. This question has profound practical implications as well as theoretical significance, not least when we are today so frequently confronted with misconduct in business.

Moral Responsibility and the Boundaries of Community

Moral Responsibility and the Boundaries of Community
Author: Marion Smiley
Publisher: University of Chicago Press
Total Pages: 297
Release: 2009-09-15
Genre: Philosophy
ISBN: 0226763250

The question of responsibility plays a critical role not only in our attempts to resolve social and political problems, but in our very conceptions of what those problems are. Who, for example, is to blame for apartheid in South Africa? Is the South African government responsible? What about multinational corporations that do business there? Will uncovering the "true facts of the matter" lead us to the right answer? In an argument both compelling and provocative, Marion Smiley demonstrates how attributions of blame—far from being based on an objective process of factual discovery—are instead judgments that we ourselves make on the basis of our own political and social points of view. She argues that our conception of responsibility is a singularly modern one that locates the source of blameworthiness in an individual's free will. After exploring the flaws inherent in this conception, she shows how our judgments of blame evolve out of our configuration of social roles, our conception of communal boundaries, and the distribution of power upon which both are based. The great strength of Smiley's study lies in the way in which it brings together both rigorous philosophical analysis and an appreciation of the dynamics of social and political practice. By developing a pragmatic conception of moral responsibility, this work illustrates both how moral philosophy can enhance our understanding of social and political practices and why reflection on these practices is necessary to the reconstruction of our moral concepts.

Facing Public Interest

Facing Public Interest
Author: Peter Ulrich
Publisher: Springer Science & Business Media
Total Pages: 270
Release: 2012-12-06
Genre: Philosophy
ISBN: 9401103992

Strictly speaking, there is no such thing as private business since business activities have widespread and sometimes far-reaching impacts on the community. The side-effects of entrepreneurial decision making - increasing unemployment, for instance, or pollution - increasingly expose corporations to the public gaze, with management in the limelight. Facing Public Interest opens up new vistas on business policy and corporate communications facing public interest. The relationship between private enterprise and public interest is subjected to an ethical examination, highlighting the role of the general public as a locus of morality for business and the guiding concept of a corporate dialogue between management and the concerned public. Instructive case studies are also presented. The volume not only proposes corporate dialogue: it puts into practice. Business leaders, representatives of citizens' groups, public affairs consultants, and academics discuss the topics thoroughly and thoughtfully in the best contributions to the seventh conference on the European Business Ethics Network, held at the University of St. Gallen in September 1994.

Values, Nature, and Culture in the American Corporation

Values, Nature, and Culture in the American Corporation
Author: William C. Frederick
Publisher: Oxford University Press
Total Pages: 332
Release: 1995-09-21
Genre: Business & Economics
ISBN: 0195357159

In Values, Nature, and Culture in the American Corporation, distinguished ethicist William Frederick explores issues of fundamental importance to all who aspire to conduct their business affairs ethically. He begins with an examination of the three value systems in business that are basically incompatible, and therefore in constant tension. The first is the need for managers to efficiently allocate resources for maximum profits. The second is the natural tendency for managers, in pursuit of the first goal, to accumulate power for its own sake. The third is the desire for people in the community to create relationships that will perpetuate these communities. Frederick brings in a range of ideas and concepts from the social sciences as well as the natural sciences to illuminate his discussion. In the final section of the book he explores a range of issues of current concern to managers, including corporate culture and technology.

Business Ethics and Diversity in the Modern Workplace

Business Ethics and Diversity in the Modern Workplace
Author: Zgheib, Philippe W.
Publisher: IGI Global
Total Pages: 354
Release: 2014-11-30
Genre: Business & Economics
ISBN: 1466672552

Corporations have a social responsibility to assist in the overall well-being of their communities through the compliance of moral business standards and practices. However, many societies still face serious issues related to unethical business practices. Business Ethics and Diversity in the Modern Workplace investigates the ethical frameworks within modern corporations and their impact on the communities they serve. With a focus on autonomous decision making in complex quandaries, this book is an all-inclusive reference source for students, researchers, practitioners, and managers who are concerned with the various ethical dilemmas within businesses, as well as evaluating moral issues impacting societal welfare.

Corporate Ethics and Crime

Corporate Ethics and Crime
Author: Marshall B. Clinard
Publisher: SAGE Publications, Incorporated
Total Pages: 696
Release: 1983-06
Genre: Business & Economics
ISBN:

Safety violations, bribes, kickbacks, and price-fixing -- these are some of the crimes that corporations indulge in as a matter of covert policy. What does middle management do when confronted with the knowledge that their superiors are breaking the law or violating ethics? What makes some corporations behave more ethically than others? Marshall Clinard interviewed retired middle managers of the Fortune 500 corporations to discover the nature of corporate crime and ethics, and the reaction of middle managers to it. How do middle managers account for differences in corporate behaviour? What pressures are brought to bear to keep them silent. What are their own personal ethics when confronted with corporate misdeeds? What kinds of violations would they be willing to report? When would they remain silent? The role of upper level management and the role government regulations play in discouraging and encouraging violations is also discussed. The result is a fascinating portrait of a closed and silent process of violation, corporate dynamics and personal, moral reaction.