Profit: Some moral reflections
The issues of profit, its moral meaning, justification and role, need careful examination. Mistakes to be avoided in making moral sense of profit include the assumption that profitability establishes a company's moral rectitude. Profit is too complex a phenomenon to establish any such thing. St...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer Science + Business Media B. V
1987
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| In: |
Journal of business ethics
Year: 1987, Volume: 6, Issue: 3, Pages: 225-231 |
| Further subjects: | B
Moral Sense
B Careful Examination B Business Ethic B Reflection B Economic Growth |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
| Summary: | The issues of profit, its moral meaning, justification and role, need careful examination. Mistakes to be avoided in making moral sense of profit include the assumption that profitability establishes a company's moral rectitude. Profit is too complex a phenomenon to establish any such thing. Steps toward clarifying these issues include distinguishing profit as the goal of the corporation from the larger goals of the economy itself, and clarifying what we mean by profit. ‘Profit’ often includes the moral or value consideration of having been rightly or fairly earned. This provides one starting point internal to business for formulating standards for business ethics. |
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| ISSN: | 1573-0697 |
| Contains: | Enthalten in: Journal of business ethics
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| Persistent identifiers: | DOI: 10.1007/BF00382868 |