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Business Ethics
Essay specific features
Written by:
Katrina H
Date added:
January 28, 2017
Level:
University
Grade:
A
No of pages / words:
7 / 1769
Was viewed:
3829 times
Rating of current essay:
Essay content:
Research in business ethics has largely ignored this contracts theory of the firm except to reject the financial-legal model as normatively inadequate. Philosophers generally bring philosophical theories of ethics to bear on problems of business, and they regard the contractual theory of the firm primarily as a subject for criticism using the resources of philosophical ethics...
displayed 300 characters
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In particular, stakeholder theory, which stresses the importance of all groups that affect or are affected by a firm, has been proposed as a more adequate theory of the firm for studying business ethics.
An important benefit of business ethics research conducted within such a framework would be a narrowing of the gulf between business ethics and the fields of financial economics and corporate law...
displayed 300 characters
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