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Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is, To whom are they responsible? Organizations can affect and are affected by many different constituencies-these groups are often called stakeholders. But who are these stakeholders? What sort of managerial attention should they receive? Is there a legal duty to attend to stakeholders or is such a duty legally prohibited due to the shareholder wealth maximization imperative? In short, for whose benefit ought a firm be managed? Despite the ever growing importance of these questions, there is no comprehensive, theoretical treatment of the stakeholder framework currently in print. In Sta...
Business ethics, corporate social responsibility, corporate citizenship, values-driven management, corporate governance, and ethical leadership are necessary horizons for the legitimacy of corporations in the process of globalization. Based on hermeneutics and institutional analysis, this book discusses the place of values in corporations and the role of ethics in management. With the theories of business ethics as a starting point, it is possible to propose a vision of the good citizen corporation. The book presents theories, concepts of responsibility for stakeholder justice, and basic ethical principles of respect for autonomy, dignity, integrity, and vulnerability. This is the foundation...
John Bannerman (1932-2008) saw the history of Scotland from a Gaelic perspective, and his outstanding scholarship made that perspective impossible to ignore. As a historian, his natural home was the era between the Romans and the twelfth century when the Scottish kingdom first began to take shape, but he also wrote extensively on the MacDonald Lordship of the Isles in the fourteenth and fifteenth centuries, while his work on the Beatons, the notable Gaelic medical kindred, reached into the early eighteenth century. Across this long millennium, Bannerman ranged and wrote with authority and insight on what he termed the 'kin-based society', with special emphasis upon its church and culture, an...
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