Profit maximization: The ethical mandate of business [Book Review]
Journal of Business Ethics 13 (4):287 - 294 (1994)
Abstract |
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.
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Keywords | Business ethics Profit Moral and ethical aspects |
Categories | (categorize this paper) |
Call number | HF5387.P737 1995 |
ISBN(s) | 1572920254 |
DOI | 10.1007/BF00871675 |
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Citations of this work BETA
The Moral Basis of Stakeholder Theory.Kevin Gibson - 2000 - Journal of Business Ethics 26 (3):245 - 257.
Oxymoron: Taking Business Ethics Denial Seriously.Hasko von Kriegstein - 2019 - Journal of Business Ethics Education 16:103-134.
Islamic Perspectives on Profit Maximization.Abbas J. Ali, Abdulrahman Al-Aali & Abdullah Al-Owaihan - 2013 - Journal of Business Ethics 117 (3):467-475.
Corporate Profit, Entrepreneurship Theory and Business Ethics.Radu Vranceanu - 2014 - Business Ethics, the Environment and Responsibility 23 (1):50-68.
Conventional Resource-Based Theory and its Radical Alternative: A Less Materialist-Individualist Approach to Strategy. [REVIEW]Geoffrey G. Bell & Bruno Dyck - 2011 - Journal of Business Ethics 99 (S1):121-130.
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