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Corporate Ethics and Corporate Governance

Corporate Ethics and Corporate Governance PDF Author: Walther C. Zimmerli
Publisher: Springer Science & Business Media
ISBN: 3540708189
Category : Business & Economics
Languages : en
Pages : 328

Book Description
This book represents an introduction to and overview of the diverse facets of the ethical challenges confronting companies today. It introduces executives, students and interested observers to the complex trends and developments in business ethics. Coverage presents industry-specific topics in ethics. The book also provides a general, interdisciplinary survey of the ethical dimensions of management and business.

Corporate Ethics and Corporate Governance

Corporate Ethics and Corporate Governance PDF Author: Walther C. Zimmerli
Publisher: Springer Science & Business Media
ISBN: 3540708189
Category : Business & Economics
Languages : en
Pages : 328

Book Description
This book represents an introduction to and overview of the diverse facets of the ethical challenges confronting companies today. It introduces executives, students and interested observers to the complex trends and developments in business ethics. Coverage presents industry-specific topics in ethics. The book also provides a general, interdisciplinary survey of the ethical dimensions of management and business.

Friedman and the social responsibility of corporation

Friedman and the social responsibility of corporation PDF Author: Minh Vu
Publisher: GRIN Verlag
ISBN: 3640706390
Category : Business & Economics
Languages : de
Pages : 13

Book Description
Essay aus dem Jahr 2010 im Fachbereich BWL - Unternehmensethik, Wirtschaftsethik, Note: 1,6, Grenoble Ecole de Management, Sprache: Deutsch, Abstract: The Nobel Prize winner Milton Friedman was praised by The Economist (2006) as “the most influential economist of the second half of the 20th century...possibly of all of it". In 1970, he published an essay on the social responsibility of business in the New York Times Magazine. In his article, he explains in complex detail about the notion of “social responsibility” of businessmen within a corporate environment and their goal to increase profits. Indeed, at first glance, this quote seems to capture the mentality of many of the actors in the financial sector in our era. Banks and financial institutions are accused of acting unethically and only in their self-interest to increase profits along with brokers and investment bankers who are accused of primarily aiming high incentives and bonuses by selling unconscionably high-default assets. Scholars argued that corporate governance failings and lack of ethical behaviour were significant causes of the financial crisis of autumn 2008 (Skypala, 2008). This essay discusses the question whether the above statement made by famous economist Milton Friedman is still relevant in the context of business today and to what extent it is relating to the financial sector and in particular to the financial crisis of autumn 2008.

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

Author: David Federhen
Publisher: GRIN Verlag
ISBN: 363829014X
Category : Business & Economics
Languages : en
Pages : 14

Book Description
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. [...]

Capitalism and Freedom

Capitalism and Freedom PDF Author: Milton Friedman
Publisher: University of Chicago Press
ISBN: 9780226734651
Category : Business & Economics
Languages : en
Pages : 287

Book Description
One of TIME magazine’s All-TIME 100 Best Nonfiction Books One of Times Literary Supplement’s 100 Most Influential Books Since the War One of National Review’s 100 Best Nonfiction Books of the Century ​One of Intercollegiate Studies Institute’s 50 Best Books of the 20th Century How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom. ​ First published in 1962, Friedman’s Capitalism and Freedom is one of the most significant works of economic theory ever written. Enduring in its eminence and esteem, it has sold nearly a million copies in English, has been translated into eighteen languages, and continues to inform economic thinking and policymaking around the world. This new edition includes prefaces written by Friedman for both the 1982 and 2002 reissues of the book, as well as a new foreword by Binyamin Appelbaum, lead economics writer for the New York Times editorial board.

The Anthropology of Corporate Social Responsibility

The Anthropology of Corporate Social Responsibility PDF Author: Catherine Dolan
Publisher: Berghahn Books
ISBN: 1785330721
Category : Social Science
Languages : en
Pages : 272

Book Description
The Anthropology of Corporate Social Responsibility explores the meanings, practices, and impact of corporate social and environmental responsibility across a range of transnational corporations and geographical locations (Bangladesh, Cameroon, Chile, the Democratic Republic of the Congo, Ghana, India, Peru, South Africa, the UK, and the USA). The contributors examine the expectations, frictions and contradictions the CSR movement is generating and addressing key issues such as the introduction of new forms of management, control, and discipline through ethical and environmental governance or the extent to which corporate responsibility challenges existing patterns of inequality rather than generating new geographies of inclusion and exclusion.

The Debate over Corporate Social Responsibility

The Debate over Corporate Social Responsibility PDF Author: Steven K. May
Publisher: Oxford University Press
ISBN: 019803976X
Category : Business & Economics
Languages : en
Pages : 513

Book Description
Should business strive to be socially responsible, and if so, how? The Debate over Corporate Social Responsibility updates and broadens the discussion of these questions by bringing together in one volume a variety of practical and theoretical perspectives on corporate social responsibility. It is perhaps the single most comprehensive volume available on the question of just how "social" business ought to be. The volume includes contributions from the fields of communication, business, law, sociology, political science, economics, accounting, and environmental studies. Moreover, it draws from experiences and examples from around the world, including but not limited to recent corporate scandals and controversies in the U.S. and Europe. A number of the chapters examine closely the basic assumptions underlying the philosophy of socially responsible business. Other chapters speak to the practical challenges and possibilities for corporate social responsiblilty in the twenty-first century. One of the most distinctive features of the book is its coverage of the very ways that the issue of corporate social responsibility has been defined, shaped, and discussed in the past four decades. That is, the editors and many of the authors are attuned to the persuasive strategies and formulations used to talk about socially responsible business, and demonstrate why the talk matters. For example, the book offers a careful analysis of how certain values have become associated with the business enterprise and how particular economic and political positions have been established by and for business. This book will be of great interest to scholars, business leaders, graduate students, and others interested in the contours of the debate over what role large-scale corporate commerce should take in the future of the industrialized world.

Two Lucky People

Two Lucky People PDF Author: Milton Friedman
Publisher: University of Chicago Press
ISBN: 9780226264158
Category : Biography & Autobiography
Languages : en
Pages : 702

Book Description
This "rich autobiographical and historical panorama" ("Wall Street Journal") provides a memorable and lively account of the lives of the Friedmans: their involvement with world leaders and many of this century's most important public policy issues. 26 photos.

The Corporate Social Responsibility Reader

The Corporate Social Responsibility Reader PDF Author: Jon Burchell
Publisher: Routledge
ISBN: 1000115496
Category : Business & Economics
Languages : en
Pages : 312

Book Description
In the age of global capitalism, shareholders, and profits are not the only concerns of modern business corporations. Debates surrounding economic and environmental sustainability, and increasing intense media scrutiny, mean that businesses have to show ethical responsibility to stakeholders beyond the boardroom. A commitment to corporate social responsibility may help the wider community. It could also protect an organization’s brand and reputation. Including key articles and original perspectives from academics, NGOs and companies themselves, The Corporate Social Responsibility Reader is a welcome and insightful introduction to the important issues and themes of this growing field of study. This book addresses: the changing relationships between business, state and civil society the challenges to business practice what businesses should be responsible for, and why issues of engagement, transparency and honesty the boundaries of CSR – can businesses ever be responsible? While case studies examine major international corporations like Coca Cola and Starbucks, broader articles discuss thematic trends and issues within the field. This comprehensive but eclectic collection provides a wonderful overview of CSR and its place within the contemporary social and economic landscape. It is essential reading for anyone studying business and management, and its ethical dimensions.

Capitalism and Freedom

Capitalism and Freedom PDF Author: Milton Friedman
Publisher: Chicago : University of Chicago Press
ISBN: 9780226264011
Category : Business & Economics
Languages : en
Pages : 202

Book Description
Examines the nature of the relationship which exists between a society based on competitive capitalism and the political and economic freedoms of its citizens

The Dynamics of Corporate Social Responsibility

The Dynamics of Corporate Social Responsibility PDF Author: Maria Aluchna
Publisher: Springer
ISBN: 3319390899
Category : Business & Economics
Languages : en
Pages : 355

Book Description
This book explores recent developments in the theory, strategic perspective and international practice of corporate social responsibility. In particular it discusses the consequences of the economic slowdown apparent in many economies and the impact of changes in the regulatory environment. It consists of three parts: Part one addresses a variety of theoretical approaches as well as the dynamics and criticism of corporate social responsibility. It takes into account social and governmental expectations for the new and extended role of companies in the economy and in society, and provides a new context and theoretical assumptions regarding the functions and tasks of corporate social responsibility. Part two discusses the practical aspects relating to strategic management and corporate governance, corporate disclosure and reporting, as well as the empowerment of stakeholders. Lastly, part three focuses on the international practice of corporate social responsibility in various organizational and institutional settings. Using numerous case studies, the book explores the challenges and tasks of CSR in emerging markets, in the fashion industry and in global and family companies. It identifies the changes that can be detected following the financial crisis, closing the loop and linking the empirical findings with the revised theoretical framework.