Profit: Some moral reflections [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 6 (3):225 - 231 (1987)
The issues of profit, its moral meaning, justification and role, need careful examination. Mistakes to be avoided in making moral sense of profit include the assumption that profitability establishes a company's moral rectitude. Profit is too complex a phenomenon to establish any such thing. Steps toward clarifying these issues include distinguishing profit as the goal of the corporation from the larger goals of the economy itself, and clarifying what we mean by profit. Profit often includes the moral or value consideration of having been rightly or fairly earned. This provides one starting point internal to business for formulating standards for business ethics.
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References found in this work BETA
Paul F. Camenisch (1981). Business Ethics. Business and Professional Ethics Journal 1 (1):59-69.
Citations of this work BETA
Radu Vranceanu (2014). Corporate Profit, Entrepreneurship Theory and Business Ethics. Business Ethics: A European Review 23 (1):50-68.
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