Why Be Moral? A Different Rationale for Managers

It is proposed that mangers have to be moral, have to be concerned about the distribution of benefits and the allocation of harms brought about by their decisions and actions, in order to build trust, commitment, and effort among the stakeholders of the firm. Trust, commitment, and effort on the par...

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Bibliographic Details
Main Author: Hosmer, LaRue Tone (Author)
Format: Electronic Article
Language:English
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Published: Cambridge Univ. Press 1994
In: Business ethics quarterly
Year: 1994, Volume: 4, Issue: 2, Pages: 191-204
Online Access: Volltext (JSTOR)
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Summary:It is proposed that mangers have to be moral, have to be concerned about the distribution of benefits and the allocation of harms brought about by their decisions and actions, in order to build trust, commitment, and effort among the stakeholders of the firm. Trust, commitment, and effort on the part of all of the stakeholders are essential for long-term corporate success, given the economic conditions of intense global competition that now exist for the foreseeable future.
ISSN:2153-3326
Contains:Enthalten in: Business ethics quarterly
Persistent identifiers:DOI: 10.2307/3857491