The Virtue of Governance, the Governance of Virtue

Business Ethics Quarterly 22 (2):293-318 (2012)

Abstract

The current economic and preceding financial crises seem to provide evidence in favour of the self-destruction thesis of capitalism. Responses to the crisis have been polarised. Some suggest that regulatory changes are all that is needed. Others suggest the need to change the economic system by developing a new global economic ethic. The first is too limited, the second too utopian. This article suggests that a MacIntyrean virtue ethics approach provides both a more convincing diagnosis of the problem and leads to a more workable prescription. First, we need to understand the internal contradictions of the tradition that has developed of how to ‘do’ business. Then we need the virtues to be exercised inside practices and institutions. But virtue itself needs to be institutionalised; we need an appropriate governance of virtue in organizations. Even though governance is usually taken to ‘crowd out’ virtue, this article proposes an approach to governance that ‘crowds in’ virtue

Download options

PhilArchive



    Upload a copy of this work     Papers currently archived: 72,856

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Analytics

Added to PP
2012-09-18

Downloads
41 (#281,101)

6 months
1 (#386,040)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Geoff Moore
Durham University

References found in this work

Whose Justice? Which Rationality?Alasdair Macintyre - 1988 - Journal of Religious Ethics 16 (2):363-363.
Humanizing Business: A Modern Virtue Ethics Approach.Geoff Moore - 2005 - Business Ethics Quarterly 15 (2):237-255.
Whose Justice? Which Rationality?Alasdair Macintyre - 1988 - Philosophy and Rhetoric 23 (3):242-247.

View all 30 references / Add more references

Similar books and articles

Corporate Governance Models in Emerging Markets: The Case of India.Silke Machold & Ajit Kumar Vasudevan - 2004 - International Journal of Business Governance and Ethics 1 (1):56-77.
Ethics, Corporations, and Governance.Wesley Cragg & Dirk Matten - 2011 - Journal of Business Ethics 102 (S1):1-4.
Virtue Ethics and Virtue Epistemology.Roger Crisp - 2010 - Metaphilosophy 41 (1-2):22-40.
Virtue and Luck, Epistemic and Otherwise.John Greco - 2003 - Metaphilosophy 34 (3):353-366.
Theorising South Africa’s Corporate Governance.Andrew West - 2006 - Journal of Business Ethics 68 (4):433 - 448.
The Ethics of Governance.Josef Wieland - 2001 - Business Ethics Quarterly 11 (1):73-87.
Corporate Governance in South Africa.G. J. Rossouw, A. van der Watt & D. P. Malan Rossouw - 2002 - Journal of Business Ethics 37 (3):289 - 302.
Kant's Conception of Virtue.Lara Denis - 2006 - In Paul Guyer (ed.), Cambridge Companion to Kant and Modern Philosophy. Cambridge University Press.
Character, Reliability and Virtue Epistemology.Jason Baehr - 2006 - Philosophical Quarterly 56 (223):193–212.
Employee Governance and the Ownership of the Firm.John R. Boatright - 2004 - Business Ethics Quarterly 14 (1):1-21.
Examining Loyalty: The Folk & The Philosopher.John D. Baldari - 2012 - Dissertation, University of Nevada, Reno
Virtue Ethics.Roger Crisp & Michael Slote (eds.) - 1997 - Oxford University Press.