The Moral Responsibility Of Firms

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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."

Product Details :

Genre : Business & Economics
Author : Eric W. Orts
Publisher : Oxford University Press
Release : 2017-03-23
File : 341 Pages
ISBN-13 : 9780192520562


Human Rights And The Moral Responsibilities Of Corporate And Public Sector Organisations

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All students and advocates of human rights will be interested in this concerted exploration of the human rights moral obligations that fall, not directly on states, but on private and public organisations. Such an approach to human rights opens up the possibility of holding corporations and bureaucracies to account for human rights violations even when they have acted in accordance with the law. This interdisciplinary and international project brings together eminent philosophers, lawyers, social scientists and practitioners to articulate theoretically and develop in practical contexts the moral implications of human rights for non-state actors. What emerges from the book as a whole is a distinctive contemporary vision of the emerging moral impact of human rights and its significance for organisational behaviour and performance.

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Genre : Business & Economics
Author : Tom Campbell
Publisher : Springer Science & Business Media
Release : 2004-07-27
File : 268 Pages
ISBN-13 : 140202360X


The Moral Responsibility Of Firms

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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."

Product Details :

Genre : Business & Economics
Author : Eric W. Orts
Publisher : Oxford University Press
Release : 2017-03-23
File : 246 Pages
ISBN-13 : 9780191058424


The Moral Responsibilities Of Companies

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The Moral Responsibilities of Companies is a philosophical analysis of the question of whether companies can be held morally responsible for the harms they create, and what implications such a view has on the moral position of employees and shareholders in these companies.

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Genre : Philosophy
Author : C. Chapple
Publisher : Springer
Release : 2014-10-06
File : 403 Pages
ISBN-13 : 9781137377982


Corporate Responsibility And Political Philosophy

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This book argues for the inclusion of the corporation as an integral element of political philosophy. It begins with a historical evaluation of the corporation as a constituent of political society. It shows how Adam Smith, Hegel, and Marx conceived the role of the corporation in relation to the state, the market and civil society, before moving on to the rejection of the corporation as a genuine moral and political agent by Rawls and Habermas. The next chapter of the book presents the corporation as a collective that possesses political and moral agency. The author outlines four distinct political philosophies of corporate responsibility: the Aristotelian conservative-virtue ethical conception; the market liberal theory; the social liberal theory of corporate citizenship and political CSR; and Marxist-inspired critical theories. It is argued that the social liberal theory provides a better justification compared to its rivals. The third and final group of chapters applies the social liberal conception – called the social liberal corporation – to important contemporary issues, including human rights in global supply chains, financial and digital firms, sustainability and climate change. Corporate Responsibility and Political Philosophy will appeal to political philosophers, political theorists, and applied ethicists, as well as scholars in other disciplines working on issues related to business ethics, organizational ethics, sustainability and corporate social responsibility. As it provides a comprehensive introduction to corporate responsibility it is also relevant to sustainability professionals who seek an overview of the theoretical debate on corporate responsibility.

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Genre : Philosophy
Author : Kristian Høyer Toft
Publisher : Routledge
Release : 2020-03-09
File : 253 Pages
ISBN-13 : 9781351660105


Encyclopedia Of Business Ethics And Society

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This encyclopedia spans the relationships among business, ethics and society, with an emphasis on business ethics and the role of business in society.

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Genre : Business & Economics
Author : Robert W. Kolb
Publisher : SAGE
Release : 2008
File : 2593 Pages
ISBN-13 : 9781412916523


Elgar Encyclopedia Of Corporate Communication

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This comprehensive Encyclopedia captures the intricacies of corporate communication, offering 87 clear, succinct definitions of important concepts within marketing, business, organizational communication and public relations followed by critical, literary analyses of significant research ventures.

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Genre : Business & Economics
Author : Klement Podnar
Publisher : Edward Elgar Publishing
Release : 2024-03-14
File : 579 Pages
ISBN-13 : 9781802200874


Responsibility Ethics And Legitimacy Of Corporations

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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 for an analysis of the ethical relations to internal and external constituencies of the firm, i.e. shareholders, owners, investors, management, employees, consumers, and local community. The interaction with the environment is further analyzed with a focus on ethical principles as the basis for sustainability. This investigation culminates with the conceptualization of the firm as a collective and institutional moral agent. The content also includes analysis of concrete political developments in the US, Europe, and the United Nations. Finally, the book provides a framework for a new corporate strategy based on global business ethics.

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Genre : Business & Economics
Author : Jacob Dahl Rendtorff
Publisher : Copenhagen Business School Press DK
Release : 2009
File : 532 Pages
ISBN-13 : 8763002205


Corporate Social Responsibility Practices By The Multinational Corporations

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Genre : Antiques & Collectibles
Author : Dr. M. Sudarshan reddy
Publisher : Archers & Elevators Publishing House
Release :
File : Pages
ISBN-13 : 9789388805667


Collectivity

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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.

Product Details :

Genre : Philosophy
Author : Kendy M. Hess
Publisher : Rowman & Littlefield
Release : 2018-11-02
File : 343 Pages
ISBN-13 : 9781786606327