Profit maximization: The ethical mandate of business [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 13 (4):287 - 294 (1994)
The authors propose a model for business ethics which arises directly from business practice. This model is based on a behavioral definition of the economic theory of profit maximization and situates business ethics within opportunity costs. Within that context, they argue that good business and good ethics are synonymous, that ethics is at the heart and center of business, that profits and ethics are intrinsically related.
|Keywords||Business ethics Profit Moral and ethical aspects|
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|Buy the book||$3.23 new (94% off) $5.00 used (90% off) $41.22 direct from Amazon (18% off) Amazon page|
|Call number||HF5387.P737 1995|
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Citations of this work BETA
Abbas J. Ali, Abdulrahman Al-Aali & Abdullah Al-Owaihan (2013). Islamic Perspectives on Profit Maximization. Journal of Business Ethics 117 (3):467-475.
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.
Gabriel Eweje & Minyu Wu (2010). Corporate Response to an Ethical Incident: The Case of an Energy Company in New Zealand. Business Ethics 19 (4):379-392.
Daniel G. Arce (2004). Conspicuous by its Absence: Ethics and Managerial Economics. Journal of Business Ethics 54 (3):259-274.
Andrew Sikula, Kurt Olmosk, Chong W. Kim & Stephen Cupps (2001). A "New" Theory of Management. Ethics and Behavior 11 (1):3 – 21.
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