Contrasting the behavioural business ethics approach and the institutional economic approach to business ethics: Insights from the study of quaker employers [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 82 (4):835 - 850 (2008)
The article suggests that in a modern context, where value pluralism is a prevailing and possibly, even ethically desirable interaction condition, institutional economics provides a more viable business ethics than behavioural business ethics, such as Kantianism or religious ethics. The article explains how the institutional economic approach to business ethics analyses morality with regard to an interaction process, and favours non-behavioural, situational intervention with incentive structures and with capital exchange. The article argues that this approach may have to be prioritised over behavioural business ethics, which tends to analyse morality at the level of the individual and favours behavioural intervention with the individual’s value, norm and belief system, e.g. through ethical pedagogy, communicative techniques, etc. Quaker ethics is taken as an example of behavioural ethics. The article concludes that through the conceptual grounding of behavioural ethics in the economic approach, theoretical and practical limitations of behavioural ethics, as encountered in a modern context, can be relaxed. Probably only then can behavioural ethics still contribute to raising moral standards in interactions amongst the members (stakeholders) of a single firm, and equally, amongst (the stakeholders of) different firms.
|Keywords||behavioural approaches to business ethics economics & business ethics pluralism quaker industrialists stakeholder theory|
|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
Lawrence R. Cima & Thomas L. Schubeck (2001). Self-Interest, Love, and Economic Justice: A Dialogue Between Classical Economic Liberalism and Catholic Social Teaching. [REVIEW] Journal of Business Ethics 30 (3):213 - 231.
Denis Collins (2000). Virtuous Individuals, Organizations and Political Economy: A New Age Theological Alternative to Capitalism. [REVIEW] Journal of Business Ethics 26 (4):319 - 340.
Timothy L. Fort (2000). A Review of Donaldson and Dunfee's Ties That Bind: A Social Contracts Approach to Business Ethics. [REVIEW] Journal of Business Ethics 28 (4):383 - 387.
George Izzo (2000). Compulsory Ethics Education and the Cognitive Moral Development of Salespeople: A Quasi-Experimental Assessment. [REVIEW] Journal of Business Ethics 28 (3):223 - 241.
Citations of this work BETA
No citations found.
Similar books and articles
John R. Boatright (2000). Globalization and the Ethics of Business. Business Ethics Quarterly 10 (1):1-6.
Ronald Jeurissen (2000). The Social Function of Business Ethics. Business Ethics Quarterly 10 (4):821-843.
Sigmund Wagner-Tsukamoto (2009). Consumer Ethics in Japan: An Economic Reconstruction of Moral Agency of Japanese Firms – Qualitative Insights From Grocery/Retail Markets. [REVIEW] Journal of Business Ethics 84 (1):29 - 44.
Stephen Brigley (1995). Business Ethics in Context: Researching with Case Studies. [REVIEW] Journal of Business Ethics 14 (3):219 - 226.
Michael Schwartz & Heath Spong (2009). Subjectivist Economics and Ethical Business. Journal of Business Ethics 90 (1):123 - 136.
Stephen Maguire (1997). Business Ethics: A Compromise Between Politics and Virtue. [REVIEW] Journal of Business Ethics 16 (12-13):1411-1418.
Sherwin Klein (1985). Two Views of Business Ethics: A Popular Philosophical Approach and a Value Based Interdisciplinary One. [REVIEW] Journal of Business Ethics 4 (1):71 - 79.
John Stieber & Patrick Primeaux (1991). Economic Efficiency: A Paradigm for Business Ethics. [REVIEW] Journal of Business Ethics 10 (5):335 - 339.
Mark Peacock (2010). Institutional Normativity and the Evolution of Morals: A Behavioural Approach to Ethics. [REVIEW] Journal of Business Ethics 95 (2):283 - 296.
Added to index2009-01-28
Total downloads16 ( #117,930 of 1,679,387 )
Recent downloads (6 months)2 ( #111,749 of 1,679,387 )
How can I increase my downloads?