Profits And Morality
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Profits And Morality
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Author : Robin Cowan
language : en
Publisher: University of Chicago Press
Release Date : 1995
Profits And Morality written by Robin Cowan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Are profits morally justifiable? While neoclassical economists have traditionally endorsed the pursuit of profits, many moral philosophers have challenged profit making on a variety of ethical grounds. Through the lenses of economics, philosophy, and law, these six essays explore the morality of profits from libertarian, utilitarian, and consequentialist perspectives. Presenting arguments for and against the morality of profit making, the contributors examine the nature of profits and which ethical theories can support them. Two essays address how profits are made: one explores entrepreneurship as a legitimate source of profit, while another argues that recent advances in welfare economics weaken the case for the morality of profits. The other chapters focus on ethical theory, covering the right to profits from economic rent; the morality of how profits are used—those directed toward library or university endowments, for example, are considered morally acceptable—and whether or not profits are deserved.
Profit At Any Cost
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Author : Jerry Fleming
language : en
Publisher: Baker Books
Release Date : 2003-05-01
Profit At Any Cost written by Jerry Fleming and has been published by Baker Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-05-01 with Business & Economics categories.
As a young executive, Jerry Fleming wondered if making a profit and behaving ethically were even compatible. Years later, he discovered that ethical companies not only showed greater profits than their unethical competitors but also experienced greater employee satisfaction and public trust. With corporate scandals in the headlines, Profit at any Cost? is Fleming's call for businesspeople to rethink how ethics are lived out in the marketplace. In so doing, he says, they will find greater peace, success, and profits. With real-life examples from his thirty-year business career, Fleming challenges readers to: " see that the business world is not a separate playing field with its own "rules" examine the failures of energy-giant Enron and other troubled corporations " understand how seemingly insignificant choices lead to unethical business practices " discover four moral principles that lead to long-term success in business and life " learn why ethical companies are more successful in the long run With humor, poignant insights, and a wealth of research, Profit at Any Cost? will challenge and inspire men and women of all professions to bring integrity back to the workplace.
Profit At Any Cost
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Author : Jerry Fleming
language : en
Publisher: Baker Books
Release Date : 2003
Profit At Any Cost written by Jerry Fleming and has been published by Baker Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business ethics categories.
Does morality fit with business? Can honesty really lead to bigger profits? This book provides timely and much-needed moral strategies for business and life.
How To Be Profitable And Moral
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Author : Jaana Woiceshyn
language : en
Publisher: University Press of America
Release Date : 2011-12-23
How To Be Profitable And Moral written by Jaana Woiceshyn and has been published by University Press of America this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-23 with Business & Economics categories.
A basic dilemma confronting today’s manager is how to be both profitable and moral. Making profits through immoral means—such as deceiving investors or customers—is unsustainable. Likewise, remaining moral while losing money will cause a business to fail. According to conventional morality, either a business manager maximizes profits and necessarily compromises on ethics, or necessarily sacrifices profits in order to be moral. Woiceshyn explains why this is a false dichotomy and offers rational egoism as an alternative moral code to businesspeople who want to maximize profits ethically. Through logical argument and various examples, this book shows how to apply principles such as rationality, productiveness, honesty, justice, and pride for long-term self-interest.
The Moral Case For Profit Maximization
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Author : Robert White
language : en
Publisher: Lexington Books
Release Date : 2020-04-01
The Moral Case For Profit Maximization written by Robert White and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-01 with Business & Economics categories.
The Moral Case for Profit Maximization argues that profit maximization is moral when businessmen seek to maximize profit by creating goods or services that are of objective value. Traditionally, profit maximization has been defended on economic grounds. Profit, economists argue, incentivizes businessmen to produce goods and services. In this view, businessmen do not need to be virtuous as long as they deliver the goods. It challenges the traditional defense of profit maximization, arguing that profit maximization is morally ambitious because it requires businessmen to form normative abstractions and to cultivate a virtuous character. In so doing, the author also challenges the moral basis of corporate social responsibility. Proponents of CSR argue that businessmen can do good while doing well. This book argues that businessmen already do good by maximizing profit, drawing upon the histories of the wheel, the refrigerator, and the shipping container, as well as the biographies of J. P. Morgan, John D. Rockefeller, and Thomas Edison to demonstrate the role of values in the creation of material goods and the role of the virtues in value creation. The author challenges readers to rethink the relationship between profit, value, and virtue.
Profits And Professions
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Author : Wade L. Robison
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Profits And Professions written by Wade L. Robison and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Medical categories.
Suppose an accountant discovers evidence of shady practices while ex amining the books of a client. What should he or she do? Accountants have a professional obligation to respect the confidentiality of their cli ents' accounts. But, as an ordinary citizen, our accountant may feel that the authorities ought to be informed. Suppose a physician discov ers that a patient, a bus driver, has a weak heart. If the patient contin ues bus driving even after being informed of the heart condition, should the physician inform the driver's company? Respect for patient confidentiality would say, no. But what if the driver should suffer a heart attack while on duty, causing an accident in which people are killed or seriously injured? Would the doctor bear some responsibility for these consequences? Special obligations, such as those of confidentiality, apply to any one in business or the professions. These obligations articulate, at least in part, what it is for someone to be, say, an accountant or a physician. Since these obligations are special, they raise a real possibility of con flict with the moral principles we usually accept outside of these spe cial relationships in business and the professions. These conflicts may become more accentuated for a professional who is also a corporate employee-a corporate attorney, an engineer working for a construction company, a nurse working as an employee of a hospital.
The Morality Of Profits
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Author : Sanjeev Raman
language : en
Publisher:
Release Date : 2020-12-31
The Morality Of Profits written by Sanjeev Raman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-31 with categories.
This book is about building a conscious, positive and sustainable organization focusing on creating an individualistic character of the organization. It introduces the concept of Vichaar Aachaar Prachaar (VAP) to construct a universal leadership model with an intent to lay the foundation for a strong and responsible organizational conscience. The concept of Vichaar refers to the organizational thought process and culture, which forms its immune system. The concept of Aachaar expounds the behaviour of the people and their actions, which emanates from culture, both at an individual as well as organizational level. It identifies the importance of managing self as well as money. The concept of Prachaar is about the strong leadership required, to propagate the organizational philosophy both within the organization and to the society, at large. It weighs the importance of building trust with the community in which the organization operates. I call these three aspects as Value Aided Progression (VAP) with the aim that an organizational ecosystem does not degrade its value system, which is pertinent for its sustainability, in the long run. This book explores to rediscover the most important asset, which is YOU. It helps you to enhance your thinking ability, translate your thoughts into value-based actions and propagate the same into the society, to build trust.
Profit Prudence And Virtue
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Author : Samuel Gregg
language : en
Publisher: Andrews UK Limited
Release Date : 2011-11-30
Profit Prudence And Virtue written by Samuel Gregg and has been published by Andrews UK Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-30 with Business & Economics categories.
Essays on the ethics of business and management.
Making Money Moral
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Author : Judith Rodin
language : en
Publisher: University of Pennsylvania Press
Release Date : 2021-02-09
Making Money Moral written by Judith Rodin and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-09 with Business & Economics categories.
"As we look ahead to the recovery from the COVID-19 crisis, Making Money Moral could not come at a better time." —Jamie Dimon, Chairman and Chief Executive Officer, JPMorgan Chase The math doesn't add up: Global financial markets can no longer ignore the world's most critical problems. The risks are too high and the costs too great. In Making Money Moral: How a New Wave of Visionaries Is Linking Purpose and Profit, authors Judith Rodin and Saadia Madsbjerg explore a burgeoning movement of bold and ambitious innovators. These trailblazers are unlocking private-sector investments in new ways to solve global problems, from environmental challenges to social issues such as poverty and inequality. They are earning great returns and reimagining capitalism in the process. Pioneers in the field of sustainable and impact investing, Rodin and Madsbjerg offer first-hand stories of how investors of every type and in every asset class are investing in world-changing solutions—with great success. Meet the visionaries who are leading this movement:The investment managers putting trillions of dollars to work, like TPG, Wellington Management, State Street Global Advisors, Nuveen, Amundi, APG and Natixis;The asset owners driving the transition, like GPIF and PensionDanmark;A new generation of entrepreneurs benefiting from the investments, like DreamBox Learning, an innovative educational technology platform, and Goodlife Pharmacies, which is disrupting the traditional notion of a pharmacy; The corporations that are repurposing their business models to meet demand for sustainable products and services, like Ørsted; andThe nonprofits that are reimagining how to raise money for their work while creating significant value for investors, like The Nature Conservancy. In their book, Rodin and Madsbjerg offer a deep look at the most powerful tools available today—and how they can be unlocked. They reveal:Who the investors are and what they want;How innovative products and investment strategies can deliver long-term value for investors while improving lives and protecting ecosystems;How leaders can build strategies and prepare their organizations to enter and expand this dynamic market; andHow to measure impact, understand critical regulations, and avoid potential pitfalls.A roadmap to making the financial market a force for good, Making Money Moral is a must-read for those seeking private-sector capital to address a big problem, as well as those seeking both to mitigate risk and to invest in big solutions. "Judith Rodin and Saadia Madsbjerg identify an important new way of looking at money: from the root of all evil to the fount of all solutions. Their timely, important book on impact investing is full of powerful insights and compelling examples they've seen firsthand. Their work will be sure to accelerate momentum toward a more sustainable world." —Rosabeth Moss Kanter, Harvard Business School Professor and Author of Think Outside the Building: How Advanced Leaders Can Change the World One Smart Innovation at a Time
Profit Maximization
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Author : Patrick Primeaux
language : en
Publisher: Austin & Winfield Publishers
Release Date : 1995
Profit Maximization written by Patrick Primeaux and has been published by Austin & Winfield Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business ethics categories.
Primeaux and Stieber clearly articulate that good ethics maximize profits. The authors show that in the long run business must operate within the value systems of a society.