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The Fallacy Of Corporate Moral Agency
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Book Synopsis The Fallacy of Corporate Moral Agency by : David Rönnegard
Download or read book The Fallacy of Corporate Moral Agency written by David Rönnegard and published by Springer. This book was released on 2015-05-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Moral Responsibility of Firms by : Eric W. Orts
Download or read book The Moral Responsibility of Firms written by Eric W. Orts and published by Oxford University Press. This book was released on 2017-03-23 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals are generally considered morally responsible for their actions. Who or what is responsible when those individuals become part of business organizations? Can we correctly ascribe moral responsibility to the organization itself? If so, what are the grounds for this claim and to what extent do the individuals also remain morally responsible? If not, does moral responsibility fall entirely to specific individuals within the organization and can they be readily identified? A perennial question in business ethics has concerned the extent to which business organizations can be correctly said to have moral responsibilities and obligations. In philosophical terms, this is a question of "corporate moral agency." Whether firms can be said to be moral agents and to have the capacity for moral responsibility has significant practical consequences. In most legal systems in the world, business firms are recognized as "persons" with the ability to own property, to maintain and defend lawsuits, and to self-organize governance structures. To recognize that these "business persons" can also act morally or immorally as organizations, however, would justify the imposition of other legal constraints and normative expectations on organizations. In the criminal law, for example, the idea that an organized firm may itself have criminal culpability is accepted in many countries (such as the United States) but rejected in others (such as Germany). This book collects new contributions by leading business scholars in business ethics, philosophy, and related disciplines to extend our understanding of the "moral responsibility of firms."
Book Synopsis Elgar Encyclopedia of Corporate Governance by : Thomas Clarke
Download or read book Elgar Encyclopedia of Corporate Governance written by Thomas Clarke and published by Edward Elgar Publishing. This book was released on 2024-10-03 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: With 163 authoritative entries providing definitive explanations and critiques of the fundamental principles and practices of corporate governance, this timely Encyclopedia is a comprehensive overview of the economic, political, social, legal and environmental impacts of corporations across the globe.
Book Synopsis The Routledge Handbook of Collective Responsibility by : Saba Bazargan-Forward
Download or read book The Routledge Handbook of Collective Responsibility written by Saba Bazargan-Forward and published by Taylor & Francis. This book was released on 2020-04-19 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Collective Responsibility comprehensively addresses questions about who is responsible and how blame or praise should be attributed when human agents act together. Such questions include: Do individuals share responsibility for the outcome or are individuals responsible only for their contribution to the act? Are individuals responsible for actions done by their group even when they don’t contribute to the outcome? Can a corporation or institution be held morally responsible apart from the responsibility of its members? The Handbook’s 35 chapters—all appearing here for the first time and written by an international team of experts—are organized into four parts: Part I: Foundations of Collective Responsibility Part II: Theoretical Issues in Collective Responsibility Part III: Domains of Collective Responsibility Part IV: Applied Issues in Collective Responsibility Each part begins with a short introduction that provides an overview of issues and debates within that area and a brief summary of its chapters. In addition, a comprehensive index allows readers to better navigate the entirety of the volume’s contents. The result is the first major work in the field that serves as an instructional aid for those in advanced undergraduate courses and graduate seminars, as well as a reference for scholars interested in learning more about collective responsibility.
Book Synopsis The SAGE Encyclopedia of Business Ethics and Society by : Robert W. Kolb
Download or read book The SAGE Encyclopedia of Business Ethics and Society written by Robert W. Kolb and published by SAGE Publications. This book was released on 2018-03-27 with total page 7348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thoroughly revised, updated, and expanded, The SAGE Encyclopedia of Business Ethics and Society, Second Edition explores current topics, such as mass social media, cookies, and cyber-attacks, as well as traditional issues including accounting, discrimination, environmental concerns, and management. The new edition also includes an in-depth examination of current and recent ethical affairs, such as the dangerous work environments of off-shore factories for Western retailers, the negligence resulting in the 2010 BP oil spill, the gender wage gap, the minimum wage debate and increasing income disparity, and the unparalleled level of debt in the U.S. and other countries with the challenges it presents to many societies and the considerable impact on the ethics of intergenerational wealth transfers. Key Features Include: Seven volumes, available in both electronic and print formats, contain more than 1,200 signed entries by significant figures in the field Cross-references and suggestions for further readings to guide students to in-depth resources Thematic Reader′s Guide groups related entries by general topics Index allows for thorough browse-and-search capabilities in the electronic edition
Book Synopsis Progress in Ethical Practices of Businesses by : Marta Peris-Ortiz
Download or read book Progress in Ethical Practices of Businesses written by Marta Peris-Ortiz and published by Springer Nature. This book was released on 2021-03-22 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interaction between a company and its stakeholder environment explains a key part of corporate behavior. This is because the level of social acceptance that the company achieves affects consumer trust, employee commitment, and access to credit or support from suppliers. This book examines these relationships to discover the best way to align corporate behaviour with the interests, values and preferences of stakeholders. It features contributions on topics such as marketing, emerging technologies, women in entrepreneurship, sports and tourism.
Book Synopsis Ethical Business Leadership in Troubling Times by : Joanne B. Ciulla
Download or read book Ethical Business Leadership in Troubling Times written by Joanne B. Ciulla and published by Edward Elgar Publishing. This book was released on 2019-12-27 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps the fundamental question in CSR is: What are the responsibilities of businesses and business leadership to society? Moreover, do the responsibilities of business change in times of social and political turmoil? The chapters in this book tackle several aspects of these questions with chapters on business and politics, the environment, technology, and immigration; along with broader questions about leadership, governance, and the very nature of CSR.
Book Synopsis Agency Theory and Executive Pay by : Alexander Pepper
Download or read book Agency Theory and Executive Pay written by Alexander Pepper and published by Springer. This book was released on 2018-11-19 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology, sociology and the philosophy of science, the author explains how standard agency theory has contributed to the problem of executive pay rather than solved it. The book explores why companies should be regarded as real entities not legal fictions, how executive pay in public corporations can be conceptualised as a collective action problem and how behavioral science can help in the design of optimal incentive arrangements. An insightful and revolutionary read for those researching corporate governance, HRM and organisation theory, this useful book offers potential solutions to some of the problems with executive pay and the standard model of agency.
Book Synopsis Responsible Citizens, Irresponsible States by : Avia Pasternak
Download or read book Responsible Citizens, Irresponsible States written by Avia Pasternak and published by Oxford University Press. This book was released on 2021-08-13 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: States are often held responsible for their wrongdoings. States pay compensation for their unjust wars, as did Iraq in the aftermath of its invasion of Kuwait. States pay reparations for their historical wrongdoings, as did Chile to the victims of the Pinochet Regime, or Germany to Israel and other countries because of the Holocaust. Some argue that they should pay punitive damages for their international crimes as well. But state responsibility has a troubling feature: states are corporate agents, comprising flesh and blood citizens. When they turn to the public purse to finance their corporate liabilities, it is their citizens who pay the price. Even citizens who protested against their state's policies, did not know about them, or had no influence on policy makers end up sharing the burden. Why should these citizens pay for their state's wrongdoings, if they don't carry the blame? Responsible Citizens, Irresponsible States develops a fresh justification for citizens' duties to share the burden of their state's wrongdoings. This justification revolves around citizens' participation in their state: drawing on recent debates in the philosophy of collective action, Avia Pasternak shows that citizens are acting together in their state and that their state policies are the product of this collective action. Given this participation, citizens ought to share the burden of remedying harmful wrongs their state policies bring about. However, she also argues that not all citizens in all states are participating in their state. In many authoritarian states, citizens' participation in the state is highly restricted or coerced. Here, ordinary citizens do not share responsibility for their state policies and should not be forced to pay for them. These conclusions carry significant real-world implications for the way domestic international law holds various types of states, and their citizens, responsible for their wrongdoings. This work is essential for political theorists and philosophers grappling with citizen responsibility and duty.
Download or read book Collectivity written by Kendy M. Hess and published by Rowman & Littlefield. This book was released on 2018-11-02 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collectivity: Ontology, Ethics, and Social Justice brings new voices and new approaches to under-developed areas in the philosophical literature on collectives and collective action. The essays in this volume introduce and explore a range of topics that fall under the more general concept of collectivity, including collective ontology, collective action, collective obligation, and collective responsibility. A number of the chapters link collectivity directly to significant issues of social justice. The volume addresses a variety of questions including the ontology and taxonomy of social groups and other collective entities, ethical frameworks for understanding the nature and extent of individual and collective moral obligations, and applications of these conceptual explorations to oppressive social practices like mass incarceration, climate change, and global poverty. The essays draw on a variety of approaches and disciplines, including feminist and continental approaches and work in legal theory and geography, as well as more traditional philosophical contributions.
Book Synopsis Corporate Personhood by : Susanna Ripken
Download or read book Corporate Personhood written by Susanna Ripken and published by Cambridge University Press. This book was released on 2019-08-08 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the nature of corporate personhood and how it affects the rights, powers, and influence of corporations in society.
Book Synopsis What Responsibility? Whose Responsibility? by : Bhaskarjit Neog
Download or read book What Responsibility? Whose Responsibility? written by Bhaskarjit Neog and published by Taylor & Francis. This book was released on 2023-10-27 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an enquiry into the meaning and nature of collective responsibility. It analyses the moral culpability of collective entities implicated in some of the most pressing contemporary ethical issues, including institutional injustice, corporate scams, organized crimes, gang wars, genocide, xenophobia, and other group-based violence. It asks: Who is responsible when a collective is (held) responsible? Is collective responsibility merely a façon de parler, a rhetorical way of talking about individual moral responsibility, or is it more than that? Using some of the latest resources from the philosophy of action, philosophy of mind, and social ontology, the author develops a nuanced non-individualist position with the help of a concept of collective agency. He interprets collective responsibility as the responsibility of a collective without either reducing it to the responsibility of the individual members or making it a case where their moral positions become blurred. An important intervention in moral philosophy, this book will be useful for scholars and researchers of moral philosophy, philosophy of action and mind, philosophy of social sciences, and political philosophy. It will also be a theoretical resource for legal theorists, just war theorists, game theorists, business ethicists, and policy makers.
Book Synopsis Moral Disagreements in Business by : Marian Eabrasu
Download or read book Moral Disagreements in Business written by Marian Eabrasu and published by Springer. This book was released on 2018-09-10 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book disassembles the moral assessment of business practices into its constituent parts to identify and clarify the four key concepts that form the basis of important moral disagreements in business: ‘personhood,’ ‘ownership,’ ‘harm,’ and ‘consent.’ ‘Moral bottom lines’ are those fundamental concepts in business ethics that ultimately account for our most resilient moral claims and unsurpassable convictions, and exploring them provides essential insights into the grounds on which we disagree in business ethics. This analysis is useful for students in business school looking to understand fundamental moral disagreements in business and for practitioners interested in connecting practice with their own moral intuitions. The book also challenges scholars of business ethics by arguing that we can reduce business ethics disagreements to these four issues. "This is the most refreshing book on business ethics to appear in a long time. By focusing on 'personhood,' 'ownership,' 'harm,' and 'consent,' Eabrasu brings a new level of clarity and insight into disagreements on business ethic issues. Rather than reaching for an artificial utopian resolution, he embraces the challenge of explaining why we disagree. This is a must-read for serious business ethic scholars."Nicolas CapaldiLoyola University New OrleansLegendre-Soulé Distinguished Chair in Business Ethics
Book Synopsis Corporate Responsibility for Wealth Creation and Human Rights by : Georges Enderle
Download or read book Corporate Responsibility for Wealth Creation and Human Rights written by Georges Enderle and published by Cambridge University Press. This book was released on 2021-01-28 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Georges Enderle proposes a radically new understanding of corporate responsibility in the global and pluralistic context. This book introduces a framework that integrates the ideas of wealth creation and human rights, which is illustrated by multiple corporate examples, and provides a sharp critique of the maximizing shareholder value ideology. By defining the purpose of business enterprises as creating wealth in a comprehensive sense, encompassing natural, economic, human and social capital while respecting human rights, Enderle draws attention to the fundamental importance of public wealth, without which private wealth cannot be created. This framework further identifies the limitations of the market institution and self-regarding motivations by demonstrating that the creation of public wealth requires collective actors and other-regarding motivations. In line with the UN's Guiding Principles on Business and Human Rights, this book provides clear ethical guidance for businesses around the world and a strong voice against human right violations, especially in repressive and authoritarian regimes and populist and discriminatory environments.
Download or read book Moral Philosophy written by Christian Erk and published by BoD – Books on Demand. This book was released on 2021-10-04 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a systematic introduction to moral philosophy (or as it is also called: ethics) that aims at raising its readers’ ethical literacy and competence. Starting from the nature and end of this science it examines the fundamental questions and concepts of ethics. The core chapters familiarise the reader with the elements of a human act, outline how these elements influence the ethical quality of such act and shed light on the standard of morality, i.e. the good. The book furthermore clarifies the concepts of duty, right as well as responsibility and explicates the moral duties and rights of the human person. In doing so it also elucidates the notions of human dignity and the common good. Last but not least, the book contains a range of practical tools that help the reader put ethical theory into practice. The comprehensive appendix contains chapters on the virtues, propositional logic and arguments.
Book Synopsis The Cambridge Handbook of Stakeholder Theory by : Jeffrey S. Harrison
Download or read book The Cambridge Handbook of Stakeholder Theory written by Jeffrey S. Harrison and published by Cambridge University Press. This book was released on 2019-05-09 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive foundation for stakeholder theory, written by many of the most respected and highly cited experts in the field.
Book Synopsis Parental Liability in EU Competition Law by : Peter Whelan
Download or read book Parental Liability in EU Competition Law written by Peter Whelan and published by Oxford University Press. This book was released on 2023-08-25 with total page 625 pages. Available in PDF, EPUB and Kindle. Book excerpt: In enforcing EU competition law, the Commission employs a unique doctrine of parental antitrust liability: it imposes fines on the parent company of an infringing subsidiary in cases where the parent exercises decisive influence over the subsidiary's commercial policy. Critics of this contentious aspect of EU competition law believe that the doctrine is unfair, ineffective, obscure, disproportionate, contrary to due process, and based upon a dubious, if not extremely flimsy, justificatory foundation. Such criticism raises serious and unanswered questions about the legitimacy of the Commission's efforts to enforce competition law. Parental Liability in EU Competition Law: A Legitimacy-Focused Approach is the first monograph to be dedicated to this controversial topic. Written by Professor Peter Whelan, the book contends that, although the general concept of parental liability can be justified in principle, the current EU-level doctrine of parental antitrust liability in fact suffers from a distinct and problematic lack of legitimacy. More specifically, the said doctrine displays significant deficiencies with respect to effectiveness, fairness, and legality. Given this undesirable state of affairs, Parental Liability in EU Competition Law offers a fully-rationalised, reformulated approach to parental antitrust liability for EU competition law violations that is built around the notion of parental fault. That approach provides a solid normative account of how to impose parental antitrust liability in a manner that is theoretically robust, effective in practice, fair in substance, and legally sound.
