RT Article
T1 Beyond Business Ethics: An Agenda for the Trustworthy Teachers and Practitioners of Business
JF Journal of business ethics
VO 119
IS 2
SP 151
OP 172
A1 Congleton, Ann
LA English
YR 2014
UL https://ixtheo.de/Record/1785649906
AB Societies need markets, so just as trustworthy professionals are needed in fields such as healthcare, law and education, modern societies need trustworthy market managers, including corporate officers and directors. But in its screening of candidates, U.S. corporate business has lagged behind fields such as medicine and law, which in the nineteenth century addressed their need for screening by upgrading professional education and establishing licensing of individual practitioners. Corporate business, by contrast, has been too tolerant of problematic executives, particularly executives of a type shown by recent research in psychology to exhibit a set of personality traits including below average concern about bad effects of their actions on other people. Over-representation of this problematic type has cost corporate business the trust and respect it could earn by resting fully on a time-honored alternative foundation already espoused by many trustworthy teachers and practitioners of business. Society needs these trustworthy people of business to work together to establish screening of candidates for high level corporate positions by upgrading MBA education and establishing licensing for these positions. For reasons again based on current findings in psychology, screening candidates for the MBA could be significantly strengthened by requiring historical studies, particularly history of the corporate legal structure in the U.S. and history of the MBA itself. Upgrading the MBA and establishing correlated licensing could open the way toward corrections in the legal form of the corporation to bring it into line with hospitals, law courts and universities as places where responsible professionals pursue their callings on behalf of society.
K1 Temperament
K1 Stewardship
K1 Personality
K1 MBA
K1 Licensing
K1 History
K1 Education
K1 Dark Triad
K1 Corporate structure
K1 Caveat emptor
DO 10.1007/s10551-012-1591-0