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Ignacio Ferrero
University of Navarra
  1.  45
    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.
    Virtue ethics is generally recognized as one of the three major schools of ethics, but is often waylaid by utilitarianism and deontology in business and management literature. EBSCO and ABI databases were used to look for articles in the Journal of Citation Reports publications between 1980 and 2011 containing the keywords ‘virtue ethics’, ‘virtue theory’, or ‘virtuousness’ in the abstract and ‘business’ or ‘management’ in the text. The search was refined to draw lists of the most prolific authors, the most (...)
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  2.  11
    Characterizing Virtues in Finance.Alejo José G. Sison, Ignacio Ferrero & Gregorio Guitián - 2019 - Journal of Business Ethics 155 (4):995-1007.
    In this article, we shall attempt to lay down the parameters within which the practice of the virtues may be enabled in the field of finance. We shall be drawing from the three main sources, Aristotle, Catholic Social Teaching and MacIntyre, on which virtue ethics is based. The research question is what ought to be done for financial activities to truly contribute to eudaimonia or human flourishing, to the achievement of three distinct kinds of goods as required of virtue, “those (...)
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  3.  33
    The Neglected Ethical and Spiritual Motivations in the Workplace.Manuel Guillén, Ignacio Ferrero & W. Michael Hoffman - 2015 - Journal of Business Ethics 128 (4):803-816.
    Understanding what motivates employees is essential to the success of organizational objectives. Therefore, properly capturing and explaining the full range of such motivations are important. However, the classical and most popular theories describing employee motives have neglected, if not omitted entirely, the importance of the ethical and spiritual dimensions of motivation. This has led to a model of a person as self-interested, amoral, and non-spiritual. In this paper, we attempt to expose this omission and offer a more complete taxonomy of (...)
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  4.  24
    How Different is Neo‐Aristotelian Virtue From Positive Organizational Virtuousness?Alejo José G. Sison & Ignacio Ferrero - 2015 - Business Ethics: A European Review 24 (S2):78-98.
    The purpose of this article is to explain the differences between neo-Aristotelian virtue and positive organizational virtuousness from the virtue ethics perspective. Most studies use virtues and virtuousness interchangeably. A few others try to explain their differences from the positive organizational science perspective. Although closely related, we believe that these two notions are not identical. If we understand neo-Aristotelian virtue correctly, then it cannot be judged exclusively on what is externally verifiable, as is the case with virtuousness. For these reasons, (...)
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  5.  28
    Human Dignity and The Dignity of Work: Insights From Catholic Social Teaching.Alejo José G. Sison, Ignacio Ferrero & Gregorio Guitián - 2016 - Business Ethics Quarterly 26 (4):503-528.
    What contributions could we expect from Catholic Social Teaching (CST) on human dignity in relation to the dignity of work? This essay begins with an explanation of CST and its relevance for secular audiences. It then proceeds to identify the main features of human dignity based on the notion of imago Dei in CST. Next comes an analysis of the dignity of work in CST from which two normative principles are derived: the precedence of duties over rights and the priority (...)
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  6.  14
    Can Finance Be a Virtuous Practice? A MacIntyrean Account.Marta Rocchi, Ignacio Ferrero & Ron Beadle - 2021 - Business Ethics Quarterly 31 (1):75-105.
    ABSTRACTFinance may suffer from institutional deformations that subordinate its distinctive goods to the pursuit of external goods, but this should encourage attempts to reform the institutionalization of finance rather than to reject its potential for virtuous business activity. This article argues that finance should be regarded as a domain-relative practice. Alongside management, its moral status thereby varies with the purposes it serves. Hence, when practitioners working in finance facilitate projects that create common goods, it allows them to develop virtues. This (...)
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  7. Handbook on Virtue Ethics in Business and Management.Alejo José G. Sison, Gregory Beabout & Ignacio Ferrero (eds.) - 2016 - Springer.
     
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  8.  11
    Practical Wisdom: A Virtue for Leaders. Bringing Together Aquinas and Authentic Leadership.Ignacio Ferrero, Marta Rocchi, Massimiliano Matteo Pellegrini & Elizabeth Reichert - 2020 - Business Ethics: A European Review 29 (S1):84-98.
    Business Ethics: A European Review, EarlyView.
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  9.  10
    A MacIntyrean Perspective on the Collapse of a Money Market Fund.Andrea Roncella & Ignacio Ferrero - 2020 - Journal of Business Ethics 165 (1):29-43.
    This paper conducts an ethical analysis of the 2008 closure of a US money market fund entitled the reserve primary fund, which triggered the first run in the money market sector and a resultant liquidity crisis that harmed the entire US financial system. Although many academics and regulators have studied and written about RPF, the question whether the decision that caused the fund to collapse represented any ethical dilemma, has not been addressed to date. With this purpose in mind, the (...)
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  10.  35
    Must Milton Friedman Embrace Stakeholder Theory?Ignacio Ferrero, W. Michael Hoffman & Robert E. McNulty - 2014 - Business and Society Review 119 (1):37-59.
    Milton Friedman famously stated that the only social responsibility of business is to increase its profits, a position now known as the shareholder model of business. Subsequently, the stakeholder model, associated with Edward Freeman, has been widely seen as a heuristically stronger theory of the responsibilities of the firm to the society in which it is situated. Friedman’s position, nevertheless, has retained currency among many business thinkers. In this article, we argue that Friedman’s economic writings assume an economy in which (...)
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  11.  6
    Some Virtue Ethics Implications from Aristotelian and Confucian Perspectives on Family and Business.Alejo José G. Sison, Ignacio Ferrero & Dulce M. Redín - 2020 - Journal of Business Ethics 165 (2):241-254.
    Not only individuals and firms, but also families engage in business as a social activity and this is true beyond the case of family businesses. Cultural differences in the way families are construed might influence the way they do business. There are different types of families, and among these are those described by Aristotelian and Confucian traditions, representing the West and the East respectively. The literature on virtue in business has been dominated by a Western—mainly Aristotelian—tradition : 8–24, 2014), neglecting (...)
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  12.  18
    Exploring the Ethical Dimension of Hawala.Dulce M. Redín, Reyes Calderón & Ignacio Ferrero - 2014 - Journal of Business Ethics 124 (2):1-11.
    The aim of this paper is to explore the ethical dimension of hawala, an ancient informal financial practice rooted in Islamic moral traditions. Widely used in countries with an Islamic background and their diasporas, hawala is considered an important vehicle for the financial and economic development of some less developed countries. Nevertheless, in Western countries, hawala is regarded with suspicion due its controversial ethical nature. Unlike other Islamic financial institutions, the controversial questions are not the legitimacy of profit sources or (...)
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  13.  9
    Autonomy and Subordination.Javier Pinto-Garay, Germán Scalzo & Ignacio Ferrero - 2021 - Business and Professional Ethics Journal 40 (1):47-80.
    This paper aims to integrate the concept of autonomous and subordinated work into Aristotelian organizational theory by enhancing the epistemological framework of neo-Aristotelianism and by adding a Thomistic interpretation of organizational practical knowledge. We sustain that, in order to advance our understanding of the firm in terms of excellence and the common good, the concept of practical knowledge applied to organizational theory requires reflection on the nature of work in modern organizations. For this, we will explain how an organization that (...)
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  14.  7
    Pricing for a Common Good: Beyond Ethical Minimalism in Commercial Practices.Javier Pinto-Garay, Ignacio Ferrero & Germán Scalzo - 2021 - Philosophy of Management 20 (3):271-291.
    Pricing policies and fair-trade practices are critical for sustaining commercial relationships between firms and customers. Nevertheless, in current business practices, fairness has been mistakenly reduced to a minimalistic ethic wherein justice only demands legal and explicit norms to which commercial parties voluntarily agree. Aimed at giving a different explanation of commercial agreements, this paper will introduce a Virtue Ethics explanation of the relationship between pricing and the common good by taking up classical concepts related to justice in commerce. In particular, (...)
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  15.  2
    The Ethics of Financial Market Making and Its Implications for High-Frequency Trading.Andrea Roncella & Ignacio Ferrero - forthcoming - Journal of Business Ethics:1-13.
    During the last 20 years, the financial sector has undergone an unprecedented transformation due to new regulations and the implementation of several technological advancements. The combination of regulation and technology has brought about new financial processes that have fundamentally changed how financial market making is done. This paper studies the ethics of financial market making and its implications for one of the most controversial financial innovations of modern times, namely high-frequency trading. We claim that the Aristotelian distinction between natural chrematistics, (...)
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  16.  8
    Experiential Learning in Virtue Ethics Through a Case Study.José L. Ruiz-Alba, Ignacio Ferrero & Massimiliano Matteo Pellegrini - 2017 - Journal of Business Ethics Education 14:229-240.
    Teaching business ethics effectively may prepare future leaders and managers to better deal with delicate situations that they might face in the workplace. However, such an aim is one of the biggest challenges that educators at universities are called on to solve. An increasing number of scholars are invoking the role of prudence in the virtue ethics context as a viable approach to teach students how to manage ethical dilemmas. In this regard, this paper discusses the “St. Albans Family Enterprises” (...)
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  17.  8
    St. Albans Family Enterprises.José L. Ruiz-Alba, Ignacio Ferrero & Massimiliano Matteo Pellegrini - 2017 - Journal of Business Ethics Education 14:307-313.
    This case study can serve as an instrument to help students and practitioners develop their ethical decision-making ability, in particular practical wisdom within a virtue ethics framework. St. Albans Family Enterprises is a group of companies with three business lines: petrol stations, flower exportation and women´s fashion retail establishments, with around 300 employees and 20 stores in London, Liverpool, Manchester, Edinburgh and Bristol. Apparently, an alleged leakage of sensitive information took place at the Head Office, involving several employees who found (...)
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