Defending the Stockholder Model: A Comment on Hasnas, and on Dunfee’s Mom
Here I synthesize certain ideas presented in two different articles that appeared in the same issue of Business Ethics Quarterly. One article (Hasnas) invokes the stockholder model as a valid normative theory of business ethics, the other article (Dunfee) invokes a marketplace of morality. Both arti...
Main Author: | |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
Published: |
1999
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In: |
Business ethics quarterly
Year: 1999, Volume: 9, Issue: 2, Pages: 337-345 |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) Volltext (lizenzpflichtig) |
Summary: | Here I synthesize certain ideas presented in two different articles that appeared in the same issue of Business Ethics Quarterly. One article (Hasnas) invokes the stockholder model as a valid normative theory of business ethics, the other article (Dunfee) invokes a marketplace of morality. Both articles imply that the accepted financial-economic view of the firm is a view that can accommodate ethics. I offer empirical support for this view. I also identify the ethic of the stockholder model as a variant on might-makes-right and consider the social acceptance of this ethic as a postmodern phenomenon. |
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ISSN: | 2153-3326 |
Contains: | Enthalten in: Business ethics quarterly
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Persistent identifiers: | DOI: 10.2307/3857478 |