Business Ethics and Ethical Business

Paperback | September 11, 2008

byRobert Audi

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Business Ethics and Ethical Business is a comprehensive yet brief analytical introduction to the field of business ethics. In three parts, it covers the major problems associated with the place of business in society, the ethics of internal management, and the challenges of internationalbusiness in view of common ethical standards (justice and veracity, beneficence and loyalty, and freedom and respect for persons, among others) and classic ethical theories (Aristotle's virtue ethics, Immanuel Kant's rule-based ethics, J. S. Mill's utilitarianism, and W. D. Ross's intuitionism,etc.). Integrated into the discussion are a number of distinctive elements. Robert Audi takes into account both large companies and small, family owned business; clarifies the nature and importance of rights; and explores the relation between law and ethics in several parts of the book. For a clearerunderstanding of democracy, he considers two main competing views of business in society - the free market view and the corporate social responsibility approach. He also offers brief concept definitions throughout, which later appear in a glossary at the back of the book, to further clarify keyideas. Accompanying the chapters is an Appendix featuring sixteen Case Scenarios modeled on ethical problems common in the business world. The result is a thorough presentation of business ethics that helps readers to acquire the basic conceptual and ethical tools needed to address the moralproblems facing businesses today.

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From the Publisher

Business Ethics and Ethical Business is a comprehensive yet brief analytical introduction to the field of business ethics. In three parts, it covers the major problems associated with the place of business in society, the ethics of internal management, and the challenges of internationalbusiness in view of common ethical standards (ju...

Robert Audi is David E. Gallo Chair in Ethics and Professor of Philosophy at the University of Notre Dame. He is an internationally distinguished contributor to ethics, theory of knowledge, philosophy of action, and philosophy of religion. He has published numerous books and papers in these fields and lectures widely in these areas an...

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Format:PaperbackDimensions:224 pages, 8.25 × 5.5 × 0.68 inPublished:September 11, 2008Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195369106

ISBN - 13:9780195369106

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Table of Contents

PrefacePart I: The Role of Business in a Free Democracy1. Two Democratic TraditionsFoundations of CapitalismTwo Conceptions of Democracy2. The Rights and Social Responsibilities of BusinessThe Moral Rights of BusinessesA Proposal for Justifying Inequalities in Free DemocraciesDetermining Ethical Obligations: Some Major ApproachesEthical Obligation and Legal Requirements3. The Constituencies of Ethical BusinessThe Scope of Ownership RightsThe Interests of StockholdersThe Multiple-Constituency View of the CorporationConstituents as "Stakeholders"4. A Framework for Making Ethical DecisionsCommon-sense Ethical PrinciplesA Five-step Model for Making Difficult Ethical Decisions5. Ethical Business, Environmental Responsibility, and SustainabilityThe Value of the EnvironmentThe Ethical Importance of Future GenerationsThe Ideal of Sustainability6. Marketing: Product, Target, and ImageSome Major Dimensions of Marketing EthicsFive Types of Ethical Problems in MarketingInsincerity, Deception, and Manipulation in MarketingAdvertising and the Limits of Persuasive RepresentationThe Ethics of Creating DesireThe Interdependence of Marketing and Manufacturing DecisionsAdvertising and the Human Image7. The Ethics of Financial RepresentationThe Centrality of Accounting in Capitalist DemocraciesThe Public Representation of Financial PositionsJudgment, Clarity, and Conflicts of Interest in AccountingPart II. The Ethics of Internal Management8. Hiring Policies and Compensation StandardsPreferential Hiring and Affirmative ActionRationales for Affirmative ActionPromotion and RemunerationQualifications and MeritExecutive CompensationAn Approach to Fairness in CEO Compensation9. Conditions of Employment and Codes of EthicsSafety, Risk, and Informed ConsentWhistleblowingHealthcare Obligations and ResponsibilitiesPrivacy in EmploymentPrivate Lives and the Movable WorkplaceCompany Codes and Mission Statements10. Religion in the WorkplaceChurch-state Separation as a Starting Point in EmploymentSome Applications to Managerial Policy QuestionsReligion in Large Public CompaniesDemonstrative Affiliation in Employment11. Managerial Leadership and Corporate CultureCorporate Culture, Ethos, and EthicsManagerial Hierarchy and its LimitationsLeadership Versus PowerEthical Leadership and Leadership in EthicsMeaningful Work and the Creation of ValuePart III. Ethical Problems of Global Business12. International Trade and Cross-Cultural StandardsIntercultural UnderstandingChild LaborGift-giving in BusinessGift-giving Versus Bribery13. Nationality, International Business Ethics, and CosmopolitanismOutsourcingCultural Adaptation, Relativity, and Standards of NegotiationThe Relation between Ethics and LawEthics and Law in International BusinessIntellectual Property, Technology Transfer, and Porous BordersCosmopolitanism and International Cooperation14. ConclusionSixteen Brief Case ScenariosGlossaryNotesIndex

Editorial Reviews

"Audi cuts away the fluff and gives his reader the essentials without unnecessary embellishment."--Peter Madsen, Carnegie Mellon University