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008 140324s2014 enk b 001 0 eng
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040 _aDLC
_beng
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015 _aGBB461450
_2bnb
016 7 _a016741939
_2Uk
019 _a906023367
_a935948738
020 _a9780199990481
_q(hardback)
020 _a0199990484
_q(hardback)
035 _a(OCoLC)871211066
_z(OCoLC)906023367
_z(OCoLC)935948738
037 _bOxford Univ Pr, 2001 Evans rd, Cary, NC, USA, 27513
_nSAN 202-5892
042 _apcc
050 0 0 _aHF5387
_b.H435 2014
082 0 0 _a174/.4
_223
084 _aPHI005000
_aBUS008000
_2bisacsh
100 1 _aHeath, Joseph,
_d1967-
245 1 0 _aMorality, competition, and the firm :
_bthe market failures approach to business ethics /
_cJoseph Heath.
264 1 _aOxford ;
_aNew York :
_bOxford University Press, USA,
_c[2014]
300 _aix, 412 pages ;
_c25 cm
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (pages 373-394) and index.
520 _a"In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"--
_cProvided by publisher.
520 _a"The essays by Joseph Heath collected in this volume collectively present a program in business ethics that he calls the "market failures" approach. They develop a theoretical framework that lies between two opposing positions in business ethics -- on one hand the "stakeholder" theory, which identifies moral obligations within an organization by identifying its key groups, and the self-explanatory "shareholder primacy" theory. Heath's "market failures" approach lies between these approaches and argues that firms should be guided by the ideal of a perfectly competitive market, and that ethical behavior in this context consists primarily in refraining from taking advantage of imperfections in existing markets. Heath's approach puts particular emphasis on the market as a competitively structured interaction, with different duties owed to individuals inside and outside the firm, and explains why business managers cannot have fiduciary responsibilities toward every stakeholder group. His theory draws on recent work in adversarial ethics, welfare economics, agency theory, and the theory of the ferm, in order to provide an account of business ethics that can be integrated with recent thinking about corporate law and the normative basis of state regulation of the economy"--
_cProvided by publisher.
505 0 _aIntroduction -- Part 1: The corporation and society -- 1. A market failures approach to business ethics -- 2. Stakeholder theory, corporate governance and public management (with Wayne Norman) -- 3. Business ethics without stakeholders -- 4. An adversarial ethic for business: or, When Sun-Tzu met the stakeholder -- 5. Business ethics and the 'End of history' in corporate law -- Part 2: Cooperation and the market -- 6. Contractualism: micro and macro -- 7. Efficiency as the implicit morality of the market -- 8. The history of the invisible hand -- 9. The benefits of cooperation -- Part 3: Extending the framework -- 10. The uses and abuses of agency theory -- 11. Business ethics and moral motivation: a criminological perspective -- 12. Business ethics after virtue -- 13. Reasonable restrictions on underwriting.
650 0 _aBusiness ethics.
650 0 _aProfit
_xMoral and ethical aspects.
650 0 _aCompetition.
650 0 _aCorporations
_xMoral and ethical aspects.
650 7 _aPHILOSOPHY
_xEthics & Moral Philosophy.
_2bisacsh
650 7 _aBUSINESS & ECONOMICS
_xBusiness Ethics.
_2bisacsh
650 7 _aBusiness ethics.
_2fast
_0(OCoLC)fst00842675
650 7 _aCompetition.
_2fast
_0(OCoLC)fst00871464
650 7 _aCorporations
_xMoral and ethical aspects.
_2fast
_0(OCoLC)fst00879893
650 7 _aProfit
_xMoral and ethical aspects.
_2fast
_0(OCoLC)fst01078616
650 7 _aWirtschaftsethik.
_0(DE-588)4066439-9
_2gnd
650 7 _aUnternehmensethik.
_0(DE-588)4202404-3
_2gnd
650 7 _aWettbewerb.
_0(DE-588)4065835-1
_2gnd
938 _aBrodart
_bBROD
_n108814203
938 _aBaker and Taylor
_bBTCP
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938 _aCoutts Information Services
_bCOUT
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938 _aYBP Library Services
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