Social Responsibilities Of Business And Business Ethics English

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Social Responsibilities of Business and Business Ethics - English

Author : Navneet Singh
Publisher : Navneet Singh
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Social Responsibilities of Business and Business Ethics - English by : Navneet Singh

Download or read book Social Responsibilities of Business and Business Ethics - English written by Navneet Singh and published by Navneet Singh. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of social responsibility and business ethics are crucial components of modern business practices, emphasizing the ethical obligations and broader impacts that businesses have on society. Here’s an overview of each concept: Social Responsibilities of Business: Definition: Social responsibility refers to the ethical framework and obligations that businesses have towards the broader community, environment, and stakeholders beyond maximizing profits. It encompasses the voluntary actions businesses take to address social, environmental, and economic issues in their operations and interactions with stakeholders. Key Aspects: Corporate Citizenship: Businesses are expected to contribute positively to society by supporting community development initiatives, philanthropic activities, and volunteering efforts. Environmental Sustainability: Businesses should adopt sustainable practices to minimize their environmental footprint, reduce waste, conserve resources, and mitigate climate change impacts. Ethical Labor Practices: Ensuring fair treatment of employees, promoting diversity and inclusion, providing safe working conditions, and adhering to labour laws and human rights standards. Consumer Protection: Providing safe and reliable products/services, transparent marketing practices, and addressing consumer concerns responsibly. Stakeholder Engagement: Engaging with stakeholders (employees, customers, suppliers, local communities) to understand their needs, address concerns, and build mutually beneficial relationships. Business Ethics: Definition: Business ethics refers to principles, values, and standards of conduct that guide business decisions and actions, ensuring they are morally and ethically sound. It involves applying ethical principles to organizational culture, policies, practices, and decision-making processes. Key Principles: Integrity: Acting honestly and ethically in all business dealings, maintaining transparency, and fulfilling commitments. Fairness: Treating all stakeholders fairly and equitably, avoiding discrimination, favouritism, or exploitation. Accountability: Taking responsibility for actions and decisions, acknowledging mistakes, and striving for accountability in business practices. Respect: Valuing diversity, respecting human rights, and promoting a culture of inclusivity and mutual respect within the organization and in external relationships. Compliance: Adhering to legal requirements, regulations, industry standards, and ethical guidelines relevant to business operations. Importance and Integration: Enhanced Reputation: Businesses that demonstrate strong social responsibility and ethical behaviour build trust, credibility, and positive reputation among stakeholders, enhancing brand loyalty and competitiveness. Risk Management: Ethical conduct and social responsibility mitigate risks associated with legal liabilities, regulatory non-compliance, reputational damage, and stakeholder backlash. Long-term Sustainability: Integrating social responsibility and ethical practices fosters long-term sustainability by aligning business objectives with societal needs, fostering innovation, and attracting socially conscious investors and customers. Employee Engagement: A commitment to ethical principles and social responsibility enhances employee morale, motivation, and retention, creating a positive workplace culture. In conclusion, businesses play a pivotal role in society, and embracing social responsibility and ethical practices not only aligns with moral imperatives but also contributes to sustainable business success and positive societal impact. Integrating these principles into core business strategies and operations is essential for fostering trust, resilience, and long-term value creation in a rapidly evolving global business environment.

Business Ethics and Corporate Social Responsibility

Author : Khanka S.S.
Publisher : S. Chand Publishing
ISBN 13 : 9383746122
Total Pages : 240 pages
Book Rating : 4.3/5 (837 download)

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Book Synopsis Business Ethics and Corporate Social Responsibility by : Khanka S.S.

Download or read book Business Ethics and Corporate Social Responsibility written by Khanka S.S. and published by S. Chand Publishing. This book was released on with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Profit maximization motive of business has led to competition and corruption erasing the distinction between ethical and unethical business practices. The result is rampant unethical practices in business causing harm both to business and society.

"The social responsibility of business..." - A position paper on Milton Friedman

Author : David Federhen
Publisher : GRIN Verlag
ISBN 13 : 363829014X
Total Pages : 14 pages
Book Rating : 4.6/5 (382 download)

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Book Synopsis "The social responsibility of business..." - A position paper on Milton Friedman by : David Federhen

Download or read book "The social responsibility of business..." - A position paper on Milton Friedman written by David Federhen and published by GRIN Verlag. This book was released on 2004-07-13 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2004 in the subject Business economics - Business Ethics, Corporate Ethics, grade: A- = 1-, International University in Germany Bruchsal (Department of Sciences and Liberal Arts), language: English, abstract: In the aftermath of recent business scandals such as Enron, Worldcom, and Parmalat the discussion about ‘Ethics in Business’, which was not exactly a hot topic during the last 20 years or so, has been inflamed anew. However, ethical corporate governance, the catch line of countless discussions in recent times, is only one but many aspects to ethics in business. This paper will focus on the aspect of corporate social responsibility rather than the issue of corporate governance. Although not as hot as corporate governance, corporate social responsibility is certainly no less important as incidents like the Exxon Valdez accident in 1989 clearly demonstrate. In fact, corporate social responsibility even covers the t opic of corporate governance since governance failures as observed at companies like Enron do not only hurt a company’s shareholders but to a large extent also most of a company’s stakeholders - which in the end often make up a considerable part of society. Milton Friedman’s (in-)famous 1970 article “The social responsibility of business is to increase its profits” will serve to represent the libertarian view which assumes great credibility to concepts like ‘Agency Theory’ and the ‘Invisible Hand’. After elucidating Friedman’s ‘classical’ liberalist approach, which in itself makes perfect sense, this paper will point towards the deficiencies of Friedman’s argument. By applying a broader understanding of how corporate social responsibility is to be derived i t becomes obvious that Friedman is telling only part of the story. This consideration will then serve as a foundation for the attempt of developing a framework of corporate social responsibility which goes beyond increasing profits only. [...]

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

Author : A. C. Fernando
Publisher : Pearson Education India
ISBN 13 : 8131786692
Total Pages : 265 pages
Book Rating : 4.1/5 (317 download)

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Book Synopsis Corporate Ethics, Governance, and Social Responsibility: Precepts and Practices: Precepts and Practices by : A. C. Fernando

Download or read book Corporate Ethics, Governance, and Social Responsibility: Precepts and Practices: Precepts and Practices written by A. C. Fernando and published by Pearson Education India. This book was released on 2009 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Social Responsibilities of Business

Author : Morrell Heald
Publisher : Routledge
ISBN 13 : 1351317342
Total Pages : 526 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis The Social Responsibilities of Business by : Morrell Heald

Download or read book The Social Responsibilities of Business written by Morrell Heald and published by Routledge. This book was released on 2018-04-27 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of the social responsibility of business has roots in the Puritan doctrine of stewardship as well as the nineteenth-century gospel of wealth, but business leaders only began to consider community welfare as a whole in the context of their corporate aspirations of the latter half of the twentieth century. Originally appearing in 1970, The Social Responsibilities of Business surveys the history of corporate actions in pursuit of social responsibility, and attempts to assess likely developments. Reissued in 1988 by Transaction with a new introduction by the author and now available in paperback, the volume provides Morrel Heald the opportunity to evaluate his earlier predictions and identify prospects for further development in the area of corporate social responsibility. Some of Heald's predictions have not yet come to fruition, and he reflects upon the reasons. No effective structure yet exists to permit an open exchange of views and needs between business and representatives of its various constituencies. In addition, two of Heald's earlier suggestions have not taken root in the way he anticipated--the company foundation, and the corporate social audit-and he assesses why they have not, and what opportunities they still provide. The Social Responsibilities of Business provides essential back ground for understanding the developing social role of the corporation and for assessing its future direction.

Corporate Governance Ethics & Social Responsibility of Business - SBPD Publications

Author : Dr. Amit Kumar,
Publisher : SBPD Publications
ISBN 13 :
Total Pages : 242 pages
Book Rating : 4./5 ( download)

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Book Synopsis Corporate Governance Ethics & Social Responsibility of Business - SBPD Publications by : Dr. Amit Kumar,

Download or read book Corporate Governance Ethics & Social Responsibility of Business - SBPD Publications written by Dr. Amit Kumar, and published by SBPD Publications. This book was released on 2021-09-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.Business Ethics : An Overview, 2. Business Ethics and its Theories, 3. Nature of Ethics and its Relevance to Business, 4. Corporate Governance : An Introduction and Framework, 5. Failure of Corporate Governance and Reforms, 6. Clause 49 : Corporate Governance Initiative in India, 7. Corporate Governance Practices : An Introduction, 8. Board Committee : Roles and Responsibilities, 9. Whistle Blowing : An Introduction , 10. Whistle Blower Policy and Framework, 11. Whistle Blower Protection Act, 2014, 12 .Corporate Social Responsibility : An Introduction, 13. Corporate Social Responsibilities and Social Audit.

Issues in Business Ethics and Corporate Social Responsibility

Author : SAGE Publishing
Publisher : SAGE Publications
ISBN 13 : 1544397380
Total Pages : 786 pages
Book Rating : 4.5/5 (443 download)

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Book Synopsis Issues in Business Ethics and Corporate Social Responsibility by : SAGE Publishing

Download or read book Issues in Business Ethics and Corporate Social Responsibility written by SAGE Publishing and published by SAGE Publications. This book was released on 2020-03-19 with total page 786 pages. Available in PDF, EPUB and Kindle. Book excerpt: One need only look at the news to be bombarded with examples of corporate malfeasance and the impact such behavior has on a company’s public image, customers, employees, and bottom line. And while these stories grab the headlines, some companies are adopting practices that display awareness of their impact on the globe, whether that be to the environment, its employees and suppliers, or communities in which they do business. What factors are leading to these decisions? What are the benefits and costs of making ethical business decisions and acting in a socially responsible way, however one defines it? Issues in Business Ethics and Corporate Social Responsibility explores these foundational themes across a wide range of topics, including artificial intelligence, workplace surveillance, supply chain management, big data, the finance industry, and many more. Coupled with a broad introduction by Dr. David Weitzner, a professor of management at York University, this book provides students with the essential information they need to assess business practices through the lens of ethical decision-making and corporate social responsibility.

Business and its connection to society

Author : Difrine Madara
Publisher : GRIN Verlag
ISBN 13 : 3346103765
Total Pages : 20 pages
Book Rating : 4.3/5 (461 download)

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Book Synopsis Business and its connection to society by : Difrine Madara

Download or read book Business and its connection to society written by Difrine Madara and published by GRIN Verlag. This book was released on 2020-01-27 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2019 in the subject Business economics - Business Ethics, Corporate Ethics, grade: A, Kenyatta University, language: English, abstract: The view that businesses exists for the good of the society has come under massive scrutiny in recent years. Argument that as long as businesses act legally and ethically they should not concern themselves with the larger social goals is now being challenged world over (Fernando, 2010). As a result, businesses have been forced to be more conscious of their environment and sustainability of their products and processes. Businesses must now look deep into the possible adverse impacts of their operations in the society and consumers. According to John Browne, to divert anger and suspicions that they have created, businesses must reconnect with the society radically (Grant and Miller, 2018). Looking at the case of many multinational corporations such as Nike, Inc, it is clear that there are numerous ethical and social responsibility concerns that businesses grapple that make them bad members of the society. In this regard, the author examines ethical and social responsibility concerns at Nike and other corporations with an aim of determining the best ways through which a business can connect with the society.

Business Ethics and Social Responsibility

Author : Raheem Cameron
Publisher :
ISBN 13 : 9781643162317
Total Pages : 174 pages
Book Rating : 4.1/5 (623 download)

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Book Synopsis Business Ethics and Social Responsibility by : Raheem Cameron

Download or read book Business Ethics and Social Responsibility written by Raheem Cameron and published by . This book was released on 2018-05-16 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business ethics and Social Responsibility

Social Responsibilities of the Businessman

Author : Howard R. Bowen
Publisher : University of Iowa Press
ISBN 13 : 1609382064
Total Pages : 267 pages
Book Rating : 4.6/5 (93 download)

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Book Synopsis Social Responsibilities of the Businessman by : Howard R. Bowen

Download or read book Social Responsibilities of the Businessman written by Howard R. Bowen and published by University of Iowa Press. This book was released on 2013-12-01 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate social responsibility (CSR) expresses a fundamental morality in the way a company behaves toward society. It follows ethical behavior toward stakeholders and recognizes the spirit of the legal and regulatory environment. The idea of CSR gained momentum in the late 1950s and 1960s with the expansion of large conglomerate corporations and became a popular subject in the 1980s with R. Edward Freeman's Strategic Management: A Stakeholder Approach and the many key works of Archie B. Carroll, Peter F. Drucker, and others. In the wake of the financial crisis of 2008–2010, CSR has again become a focus for evaluating corporate behavior. First published in 1953, Howard R. Bowen’s Social Responsibilities of the Businessman was the first comprehensive discussion of business ethics and social responsibility. It created a foundation by which business executives and academics could consider the subjects as part of strategic planning and managerial decision-making. Though written in another era, it is regularly and increasingly cited because of its relevance to the current ethical issues of business operations in the United States. Many experts believe it to be the seminal book on corporate social responsibility. This new edition of the book includes an introduction by Jean-Pascal Gond, Professor of Corporate Social Responsibility at Cass Business School, City University of London, and a foreword by Peter Geoffrey Bowen, Daniels College of Business, University of Denver, who is Howard R. Bowen's eldest son.

Bringing Business Ethics to Life

Author : Bjørn Andersen
Publisher : Quality Press
ISBN 13 : 1636940617
Total Pages : 353 pages
Book Rating : 4.6/5 (369 download)

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Book Synopsis Bringing Business Ethics to Life by : Bjørn Andersen

Download or read book Bringing Business Ethics to Life written by Bjørn Andersen and published by Quality Press. This book was released on 2004-06-30 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maintaining solid corporate ethics goes beyond just being a ‘feel good’ story or a good public relations angle. Organizations that demonstrate strong ethical commitments can gain a real competitive advantage over others by keeping employees happy and productive and keeping customers satisfied and loyal, while avoiding some of the unexpected pitfalls that may beset a less ethical organization. These factors all lead to a more stable and consistent organization, and will improve the bottom line and drives higher profits. The erosion of business ethics affects everyone, from the employees laid off, stockholders losing investments, to customers paying a higher price or receiving lesser quality. In Bringing Business Ethics to Life: Achieving Corporate Social Responsibility, best selling author Bjørn Andersen has written an easy to read yet powerful book demonstrating the need for solid ethics in every organization. Andersen first explains the importance of creating a strong ethical culture within every organization, demonstrating the positive effects it will have throughout the business. He then shows how business leaders can make this happen, by introducing a holistic value-driven and ethically based model of leadership and management that can bring about dramatic changes for any organization.

The social responsibility of corporations

Author : Jens Hillebrand
Publisher : GRIN Verlag
ISBN 13 : 3638879240
Total Pages : 16 pages
Book Rating : 4.6/5 (388 download)

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Book Synopsis The social responsibility of corporations by : Jens Hillebrand

Download or read book The social responsibility of corporations written by Jens Hillebrand and published by GRIN Verlag. This book was released on 2007-12-18 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2006 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, University of Glamorgan, course: Business Ethics and Sustainable Development, language: English, abstract: This essay builds upon Milton Friedman's (1970) famous statement that "the social responsibility is to make a profit". It analyses four dimensions of corporate social responsibility - economic, legal, ethical and philanthropic - and discusses arguments for and against each of them. The study concludes that there is need as well as justification for CSR, not only in a strategic manner, but also in an altruistic/philanthropic way.

Doing Business in the Global Environment

Author : Daniel Nussbaum
Publisher :
ISBN 13 : 9783638951227
Total Pages : 0 pages
Book Rating : 4.9/5 (512 download)

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Book Synopsis Doing Business in the Global Environment by : Daniel Nussbaum

Download or read book Doing Business in the Global Environment written by Daniel Nussbaum and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2008 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,7, University of Cooperative Education (International Business Administration), course: -, 30 entries in the bibliography, language: English, abstract: In recent years, a great concern about the broad impacts of business on society has evolved. As a result, this concern has transformed into the responsibility business has to society. Accordingly, companies see their actions more and more monitored by the public, on both national and international level. Thus, their role within society is gaining importance, being considered a creative and institutional one, instead of only existential. Apart from that, this results in a growing interaction between the government, business and the stakeholder. In the past, business' primary concern was the economic situation, whereas today, business has to consider the legal, ethical, moral and social impact of its decisions as well. This leads to the assumption that in the near future, it will not be possible to conduct business without acting socially responsible. This development is closely connected to the concept of Corporate Social Responsibility, which is the subject of this paper. Concerning the selection of secondary literature, apart from both English and German books, several articles from business magazines have been included in the research. At first, this paper will provide an overview of the current emergence of CSR as an essential part of daily business. However, the focus lies on the effects of CSR on an organization's core business. In Germany, for instance, while acknowledging their social responsibility, companies are still far away from making CSR part of their core business strategy. This paper will discuss the possibility of how embedding CSR in a firm's strategy can lead to business success. In addition, a potential link between competitive advantage and C

Business Ethics and Social Responsibility

Author : Joseph Eisenhauer
Publisher : Ethics International Press
ISBN 13 : 1804411388
Total Pages : 469 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Business Ethics and Social Responsibility by : Joseph Eisenhauer

Download or read book Business Ethics and Social Responsibility written by Joseph Eisenhauer and published by Ethics International Press. This book was released on 2023-11-25 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fr. Gerald F. Cavanagh, S.J. has been widely recognized as one of the founders of the field of business ethics, as well as a leader in bringing Catholic Social Teaching to bear on this academic discipline. One of his principal insights has been that business, as the most powerful agency in society, can and should be a force for positive societal change, rather than deferring that responsibility to government. This volume collects his most significant contributions to the discipline, from the mid-1960s to the early 2020s, into a single, convenient reference work. To show the development of his thought on various issues pertaining to the broad subject of business ethics, the chapters are organized into five major themes: diversity, equity, and inclusion; the dignity of work, personal values and spirituality in the workplace; ethical norms and organizational values; corporate social responsibility; and business ethics in the college curriculum.

Politics, Ethics and Social Responsibility of Business:

Author : Murthy
Publisher : Pearson Education India
ISBN 13 : 9332506493
Total Pages : 233 pages
Book Rating : 4.3/5 (325 download)

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Book Synopsis Politics, Ethics and Social Responsibility of Business: by : Murthy

Download or read book Politics, Ethics and Social Responsibility of Business: written by Murthy and published by Pearson Education India. This book was released on 2009 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spread over 30 chapters in six units, Politics, Ethics and Social Responsibility of Business is a comprehensive guide to corporate social responsibility (CSR). It explains how the bases of CSR are politics and ethics, without which the role of business in society cannot be understood. Though designed for the students of B. Com, University of Delhi, this book will be useful for all students of management as well as practicing managers and professionals.

Corporate Social Responsibility

Author : James Weber
Publisher : Emerald Group Publishing
ISBN 13 : 1787542599
Total Pages : 456 pages
Book Rating : 4.7/5 (875 download)

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Book Synopsis Corporate Social Responsibility by : James Weber

Download or read book Corporate Social Responsibility written by James Weber and published by Emerald Group Publishing. This book was released on 2018-05-14 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume Two of Business and Society 360 focuses on research drawn from work grounded in 'corporate social responsibility' and 'corporate citizenship.'

Corporation, be Good!

Author : William C. Frederick
Publisher : Dog Ear Publishing
ISBN 13 : 1598581031
Total Pages : 345 pages
Book Rating : 4.5/5 (985 download)

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Book Synopsis Corporation, be Good! by : William C. Frederick

Download or read book Corporation, be Good! written by William C. Frederick and published by Dog Ear Publishing. This book was released on 2006 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the story of Corporate Social Responsibility---what it means, where it came from, where it is going, what it requires of business. Told in an eyewitness, I-was-there style by a pioneer of the study of CSR in the nation's business schools, it takes the reader through a half century of corporate scandals and fierce struggles over corporate ethics---from Ralph Nader's 1960s Campaign GM to today's white collar crimes at Enron, WorldCom, Tyco, and other Wall Street giants. It lays bare the values that drive corporate culture, explores the motivational depths of corporate strategy and policy, demonstrates how biological impulses can lead business decision makers astray, questions the relevance and ethical commitment of business school education, reveals the spiritual side of management life, and holds out hope that the New Millennium will see improvement in the ethical performance of business. William C. Frederick is one of the founders of the study of Corporate Social Responsibility in the United States and initiated some of the key concepts and analytic categories. His books include Business and Society, Social Auditing, and Values, Nature, and Culture in the American Corporation. He was president of The Society for Business Ethics and The Society for Advancement of Socio-Economics, and chaired the Social Issues in Management division of The Academy of Management. He conducted studies of management education in Spain, Italy, Egypt, Yugoslavia, Ecuador, Nigeria, and Australia, and designed and taught programs for executives in U. S. corporations. He was dean of the business schools at the University of Kansas City and the University of Pittsburgh. He received a PhD in economics and anthropology from the University of Texas. Corporation, Be Good draws on the author's half-century of thinking about the social and ethical responsibilities of the modern corporation.