David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Business Ethics Quarterly 1 (1):1-21 (1991)
Most economists are committed to some version of egoism. After distinguishing among the various sorts of egoistic claims, l cite the empirical literature against psychological egoism and show that attempts to account for this data make these economists' previous empirical claims tautological. Moreover, the assumption of egoism has undesirable consequences, especially for students; if people believe that others behave egoistically, they are more likely to behave egoistically themselves. As an alternative to egoism I recommend the commitment model of Robert Frank. The equivalent of egoism at the organizational level is that business firms seek to maximize profits. I present arguments to show that a conscious attempt by managers to maximize profits is likely to fail. A committed altruism is more likely to raise profits. I suggest that a firm should take as its primary purpose providing meaningful work for employees
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Citations of this work BETA
Alma Acevedo (2012). Personalist Business Ethics and Humanistic Management: Insights From Jacques Maritain. [REVIEW] Journal of Business Ethics 105 (2):197-219.
William A. Wines & J. B. Hamilton (2009). On Changing Organizational Cultures by Injecting New Ideologies: The Power of Stories. Journal of Business Ethics 89 (3):433 - 447.
Geoffrey G. Bell & Bruno Dyck (2011). Conventional Resource-Based Theory and its Radical Alternative: A Less Materialist-Individualist Approach to Strategy. [REVIEW] Journal of Business Ethics 99 (S1):121-130.
Dulce M. Redín, Reyes Calderón & Ignacio Ferrero (2013). Exploring the Ethical Dimension of Hawala. Journal of Business Ethics:1-11.
John Dobson (2010). Aesthetic Style as a Postructural Business Ethic. Journal of Business Ethics 93 (3):393 - 400.
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