The ethical implications of short-termism: Leadership failure in the executive suite
The author argues that managing to maximize short-term performance in ordinary circumstances is a failure not only of sound management practice but of moral principle. Management for the short term is largely a manifestation of self-interest which is unethical when it harms the long-term competitive...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
| Published: |
1995
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| In: |
International journal of value-based management
Year: 1995, Volume: 8, Issue: 1, Pages: 25-37 |
| Further subjects: | B
Ethics
B short-term results B Management |
| Online Access: |
Volltext (lizenzpflichtig) |
| Summary: | The author argues that managing to maximize short-term performance in ordinary circumstances is a failure not only of sound management practice but of moral principle. Management for the short term is largely a manifestation of self-interest which is unethical when it harms the long-term competitiveness and viability of the firm and, thus, the interests of all stakeholders but transient speculators and management itself. |
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| ISSN: | 1572-8528 |
| Contains: | Enthalten in: International journal of value-based management
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| Persistent identifiers: | DOI: 10.1007/BF00896547 |
