The corporation as actual agreement

Business Ethics Quarterly 12 (3):351-370 (2002)
Abstract: In contrast to “social contract” theories of the corporation, a moral justification of the corporation as actual, not hypothetical, agreement is presented. Central to the justification is the idea of personal projects, as developed by Loren Lomasky. The key idea is the role that corporations can play in the construction and advancement of personal, value-creating projects. The concept of the corporation as actual agreement, as a type of “right of association” theory, is defended against influential criticism of such theories by Thomas Donaldson
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1052-150X
DOI 10.2307/3858021
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The New Case for the Ethics of Business.Gregory Wolcott - 2015 - Journal of Business Ethics 132 (1):127-146.

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