RT Article
T1 The Virtue of Governance, the Governance of Virtue
JF Business ethics quarterly
VO 22
IS 2
SP 293
OP 318
A1 Moore, Geoff 1955-
LA English
YR 2012
UL https://ixtheo.de/Record/1824199988
AB The current economic and preceding financial crises seem to provide evidence in favour of the self-destruction thesis of capitalism. Responses to the crisis have been polarised. Some suggest that regulatory changes are all that is needed. Others suggest the need to change the economic system by developing a new global economic ethic. The first is too limited, the second too utopian.This article suggests that a MacIntyrean virtue ethics approach provides both a more convincing diagnosis of the problem and leads to a more workable prescription. First, we need to understand the internal contradictions of the tradition that has developed of how to ’do‘ business. Then we need the virtues to be exercised inside practices and institutions. But virtue itself needs to be institutionalised; we need an appropriate governance of virtue in organizations. Even though governance is usually taken to ‘crowd out’ virtue, this article proposes an approach to governance that ‘crowds in’ virtue.
K1 Financial Crisis
K1 Business Ethics
K1 Organizational Ethics
K1 Governance
K1 Virtue
DO 10.5840/beq201222221