John Commons on Customer Goodwill and the Economic Value of Business Ethics: Response to Professor Sen

This paper shows how John R. Commons’ analysis of a firm’s goodwill value gives analytical support to Professor Amartya Sen’s contention (BEQ, 1993) that business ethics makes economic sense. A firm’s market value consists of the value of both tangible and intangible capital, including the goodwill...

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Bibliographic Details
Main Author: Black, Robert (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 1994
In: Business ethics quarterly
Year: 1994, Volume: 4, Issue: 3, Pages: 359-365
Online Access: Volltext (JSTOR)
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Volltext (lizenzpflichtig)