David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 19 (4):403 - 413 (1999)
Management buyouts occur when incumbent managers (typically in association with third party investors) purchase all of a firm's outstanding stock and remove it from public trading. Prior ethical analyses of such activities have ignored the fact that large numbers of such buyouts return to public trading. The ethical implications of management buyout activity can be more fully understood if the entire buyout process is considered, beginning with the time the firm is taken private until it is returned to public trading. Using a widely employed strategic management ethical framework developed by Hosmer (1994), this paper examines the ethics of the complete buyout cycle.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Christopher J. Robertson (2008). An Analysis of 10 Years of Business Ethics Research in Strategic Management Journal : 1996–2005. [REVIEW] Journal of Business Ethics 80 (4):745 - 753.
F. P. Schadler & J. E. Karns (1990). The Unethical Exploitation of Shareholders in Management Buyout Transactions. Journal of Business Ethics 9 (7):595 - 602.
Stephen E. Loeb & Suzanne N. Cory (1989). Whistleblowing and Management Accounting: An Approach. [REVIEW] Journal of Business Ethics 8 (12):903 - 916.
Justin G. Longenecker (1985). Management Priorities and Management Ethics. Journal of Business Ethics 4 (1):65 - 70.
Richard P. Nielsen (2008). The Private Equity-Leveraged Buyout Form of Finance Capitalism. Business Ethics Quarterly 18 (3):379-404.
Fred Dyke (2005). Teaching Ethical Analysis in Environmental Management Decisions: A Process-Oriented Approach. Science and Engineering Ethics 11 (4):659-669.
Fred Van Dyke (2005). Teaching Ethical Analysis in Environmental Management Decisions: A Process-Oriented Approach. Science and Engineering Ethics 11 (4):659-669.
Richard P. Nielsen (2008). The Private Equity-Leveraged Buyout Form of Finance Capitalism: Ethical and Social Issues, and Potential Reforms. Business Ethics Quarterly 18 (3):379-404.
Kenneth E. Goodpaster (1991). Business Ethics and Stakeholder Analysis. Business Ethics Quarterly 1 (1):53-73.
Thomas M. Jones & Reed O. Hunt (1991). The Ethics of Leveraged Management Buyouts Revisited. Journal of Business Ethics 10 (11):833 - 840.
Added to index2009-01-28
Total downloads14 ( #112,805 of 1,099,048 )
Recent downloads (6 months)6 ( #43,697 of 1,099,048 )
How can I increase my downloads?