Journal of Business Ethics 28 (2):159 - 178 (2000)
This paper develops a meta-theory of business based on virtue theory which links the concept of virtues, the common good, and the dynamic economy into a unifying and comprehensive theory of business. Traditional theories and models of business have outlived their usefulness as they are unable to adequately explain social reality. Virtue theory shows firms that pursue ethically-driven strategies can realise a greater profit potential than those firms who currently use profit-driven strategies. The theory expounds that the business of business is ethical business and that the crises that business and society face today are crises of leadership and ethics. The issues of leadership and corporate social responsibility are discussed in the context of the proposed theory
|Keywords||common good corporate social responsibility dynamic economy ethical leadership sustainable competitive advantage virtue theory|
|Categories||categorize this paper)|
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Citations of this work BETA
In Search of Virtue: The Role of Virtues, Values and Character Strengths in Ethical Decision Making.Mary Crossan, Daina Mazutis & Gerard Seijts - 2013 - Journal of Business Ethics 113 (4):567-581.
Reconsidering Virtue: Differences of Perspective in Virtue Ethics and the Positive Social Sciences.David S. Bright, Bradley A. Winn & Jason Kanov - 2013 - Journal of Business Ethics 119 (4):1-16.
Virtue Ethics in Business and the Capabilities Approach.Alexander Bertland - 2009 - Journal of Business Ethics 84 (1):25 - 32.
A Quantitative Analysis of Authors, Schools and Themes in Virtue Ethics Articles in Business Ethics and Management Journals. [REVIEW]Ignacio Ferrero & Alejo José G. Sison - 2014 - Business Ethics: A European Review 23 (4):375-400.
Trustworthiness, Governance, and Wealth Creation.Cam Caldwell & Mark H. Hansen - 2010 - Journal of Business Ethics 97 (2):173 - 188.
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