The Moral Corporation

The Moral Corporation PDF Author: P. Roy Vagelos
Publisher: Cambridge University Press
ISBN: 1139452770
Category : History
Languages : en
Pages : 181

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Book Description
Merck and the pharmaceutical industry are headline news today. Controversies over public safety, prices, and the ability of the industry to develop the new drugs and vaccines that society needs have been covered worldwide. Roy Vagelos, who was head of research and then CEO at Merck from the mid-1970s through the early 1990s, addresses these issues here. Success with targeted research started Merck on a path that would lead to a series of block-buster therapies that carried the firm to the top of the global industry in the 1990s and Vagelos into the top position at the company. Trained as a physician and scientist, he had to learn how to run a successful business while holding to the highest principles of ethical behavior. He was not always successful. He and his co-author explain where and why he failed to achieve his goals and carefully analyze where he succeeded.

The Moral Corporation

The Moral Corporation PDF Author: P. Roy Vagelos
Publisher: Cambridge University Press
ISBN: 1139452770
Category : History
Languages : en
Pages : 181

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Book Description
Merck and the pharmaceutical industry are headline news today. Controversies over public safety, prices, and the ability of the industry to develop the new drugs and vaccines that society needs have been covered worldwide. Roy Vagelos, who was head of research and then CEO at Merck from the mid-1970s through the early 1990s, addresses these issues here. Success with targeted research started Merck on a path that would lead to a series of block-buster therapies that carried the firm to the top of the global industry in the 1990s and Vagelos into the top position at the company. Trained as a physician and scientist, he had to learn how to run a successful business while holding to the highest principles of ethical behavior. He was not always successful. He and his co-author explain where and why he failed to achieve his goals and carefully analyze where he succeeded.

Hegel’s Moral Corporation

Hegel’s Moral Corporation PDF Author: Thomas Klikauer
Publisher: Springer
ISBN: 1137547405
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Hegel's Moral Corporation is about two versions of a corporation, one business oriented and dedicated to shareholder-value and profit-maximisation and one dedicated to moral life, Sittlichkeit, in Hegelian terms.

The Moral Responsibility of Firms

The Moral Responsibility of Firms PDF Author: Eric W. Orts
Publisher: Oxford University Press
ISBN: 0198738536
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
This book examines whether firms as organizations can be considered morally responsible for their actions. This question has profound practical implications as well as theoretical significance, not least when we are today so frequently confronted with misconduct in business.

Moral Mazes

Moral Mazes PDF Author: Robert Jackall
Publisher: Oxford University Press, USA
ISBN: 0199729883
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
This updated edition of a classic study of ethics in business presents an eye-opening account of how corporate managers think the world works, and how big organizations shape moral consciousness. Robert Jackall takes the reader inside a topsy-turvy world where hard work does not necessarily lead to success, but sharp talk, self-promotion, powerful patrons, and sheer luck might. This edition includes a new foreword linking the themes of Moral Mazes to the financial tsunami that engulfed the world economy in 2008.

Corporations and Morality

Corporations and Morality PDF Author: Thomas Donaldson
Publisher: Englewood Cliffs, N.J. : Prentice-Hall
ISBN: 0131770144
Category : Industries
Languages : en
Pages : 225

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Book Description


Ethics in Practice

Ethics in Practice PDF Author: Kenneth Richmond Andrews
Publisher: Harvard Business Press
ISBN: 9780875842073
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
Ethics in Practice includes 21 Harvard Business Review articles by corporate leaders of companies like Cadbury-Schweppes, Standard Oil of Ohio, Phillips, and Morgan Stanley, and from well-known observers like Robert Coles and Albert Z. Carr. The dilemmas they investigate represent painful choices for managers: whether to divest operations in South Africa, how to handle the "rogue division" whose practices compromise the whole company, how to curb a slide into price-fixing in an overcrowded market, and other issues. Includes extensive commentary by Kenneth Andrews. A Harvard Business Review Book.

The Corporation and Its Stakeholders

The Corporation and Its Stakeholders PDF Author: Max B.E. Clarkson
Publisher: University of Toronto Press
ISBN: 144263989X
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
There is an active debate over whether the traditional purpose of the corporation – to maximize profits and financial value for the benefit of shareholders – can adequately encompass the interests of all other participants or stakeholders in the corporation's activities. Since a corporation cannot operate optimally without the support of its most important stakeholders, particularly its employees and customers, finding ways of incorporating responsiveness to stakeholder needs is vital for corporate management and governance. This anthology is designed to sharpen the debate about the role and purpose of the corporation. The debate includes such fundamental questions as: Who should be considered stakeholders? Which stakeholder interests should a corporation take into account? How should stakeholder interests be balanced against shareholder objectives (such as profits)? What changes should be made in corporate decision making and governance to reflect these new interests? This collection of seminal articles, is divided into three parts: Shareholders and Stakeholders; Morality, Ethics and Stakeholder Theory; and Stakeholder Theory and Management Performance. The articles date from 1916 to 1997, and are drawn from North American and European authors. Managers as well as researchers will find this collection presented will stimulate their thinking on the role of the corporation and its responsiveness to stakeholder interests. The volume is funded in part by a grant from the Alfred P. Sloan Foundation.

Conscience and Corporate Culture

Conscience and Corporate Culture PDF Author: Kenneth E. Goodpaster
Publisher: Wiley-Blackwell
ISBN: 1405130407
Category : Philosophy
Languages : en
Pages : 336

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Book Description
Conscience and Corporate Culture advances the constructive dialogue on a moral conscience for corporations. Written for educators in the field of business ethics and practicing corporate executives, the book serves as a platform on a subject profoundly difficult and timely. Written from the unique vantage point of an author who is a philosopher, professor of business administration, and a corporate consultant A vital resource for both educators in the field of business ethics and practicing corporate executives Forwards the constructive dialogue on a moral conscience for corporations Offers a philosophical and practical approach to considering business ethics

The Corporation

The Corporation PDF Author: Joel Bakan
Publisher: Simon and Schuster
ISBN: 1439134944
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
The inspiration for the film that won the 2004 Sundance Film Festival Audience Award for Best Documentary, The Corporation contends that the corporation is created by law to function much like a psychopathic personality, whose destructive behavior, if unchecked, leads to scandal and ruin. Over the last 150 years the corporation has risen from relative obscurity to become the world’s dominant economic institution. Eminent Canadian law professor and legal theorist Joel Bakan contends that today's corporation is a pathological institution, a dangerous possessor of the great power it wields over people and societies. In this revolutionary assessment of the history, character, and globalization of the modern business corporation, Bakan backs his premise with the following observations: -The corporation’s legally defined mandate is to pursue relentlessly and without exception its own economic self-interest, regardless of the harmful consequences it might cause to others. -The corporation’s unbridled self-interest victimizes individuals, society, and, when it goes awry, even shareholders and can cause corporations to self-destruct, as recent Wall Street scandals reveal. -Governments have freed the corporation, despite its flawed character, from legal constraints through deregulation and granted it ever greater authority over society through privatization. But Bakan believes change is possible and he outlines a far-reaching program of achievable reforms through legal regulation and democratic control. Featuring in-depth interviews with such wide-ranging figures as Nobel Prize winner Milton Friedman, business guru Peter Drucker, and cultural critic Noam Chomsky, The Corporation is an extraordinary work that will educate and enlighten students, CEOs, whistle-blowers, power brokers, pawns, pundits, and politicians alike.

Business Ethics

Business Ethics PDF Author: Norman Barry
Publisher: Springer
ISBN: 1349123862
Category : Political Science
Languages : en
Pages : 201

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Book Description
This book is an examination of the contemporary ethical problems of business in a philosophical context. It analyses various types of capitalism, in particular, the Anglo-American type which is practised primarily in the English-speaking world, and is exemplified by the commercial and financial systems of Wall Street and the City of London. This analysis includes an examination of the corporation, the ethics of the stock market, the morality of take-overs and the problem of business and the environment.