scholarly journals Is there Such a Thing as a Good Profit? Taking Conventional Ethics Seriously

Philosophia ◽  
2021 ◽  
Author(s):  
Marja K. Svanberg ◽  
Carl F. C. Svanberg
Keyword(s):  
Business Ethics ◽  
Christian Ethics ◽  
Moral Justification ◽  
Profit Motive ◽  
Kantian Ethics ◽  
Ethical Theories ◽  
Self Interest ◽  
The Relationship

AbstractThis paper will show that if we take conventional ethics seriously, then there is no moral justification for business profits. To show this, we explore three conventional ethical theories, namely Christian ethics, Kantian ethics and Utilitarian ethics. Since they essentially reject self-interest, they also reject the essence of business: the profit motive. To illustrate the relationship, we will concretize how the anti-egoist perspective expresses itself in business and business ethics. In business, we look at what many businesses regard as proof of their virtue. In business ethics, we look at what many business ethicists say about the relationship between morality and self-interest and, thus, the profit motive. Ultimately, we will argue that conventional ethics can, at most, only justify the means of business (i.e., aspects of running a business), but not the end of business (i.e., profits).

On Sacrifice

2012 ◽  
Author(s):  
Moshe Halbertal
Keyword(s):  
Ethical Life ◽  
Moral Value ◽  
Hierarchical Relationship ◽  
Ritual Violence ◽  
Self Interest ◽  
Political Ideal ◽  
Self Transcendence ◽  
Political Associations ◽  
The Relationship

The idea and practice of sacrifice play a profound role in religion, ethics, and politics. This book explores the meaning and implications of sacrifice, developing a theory of sacrifice as an offering and examining the relationship between sacrifice, ritual, violence, and love. The book also looks at the place of self-sacrifice within ethical life and at the complex role of sacrifice as both a noble and destructive political ideal. In the religious domain, Halbertal argues, sacrifice is an offering, a gift given in the context of a hierarchical relationship. As such it is vulnerable to rejection, a trauma at the root of both ritual and violence. An offering is also an ambiguous gesture torn between a genuine expression of gratitude and love and an instrument of exchange, a tension that haunts the practice of sacrifice. In the moral and political domains, sacrifice is tied to the idea of self-transcendence, in which an individual sacrifices his or her self-interest for the sake of higher values and commitments. While self-sacrifice has great potential moral value, it can also be used to justify the most brutal acts. The book attempts to unravel the relationship between self-sacrifice and violence, arguing that misguided self-sacrifice is far more problematic than exaggerated self-love. Through the book's exploration of the positive and negative dimensions of self-sacrifice, it also addresses the role of past sacrifice in obligating future generations and in creating a bond for political associations, and considers the function of the modern state as a sacrificial community.

Empathy as moderator of gender differences in Chinese insurance agents' business ethical sensitivity

2017 ◽  
Vol 45 (6) ◽  
pp. 1029-1042 ◽  
Author(s):  
Na Zhang ◽  
Jian Zhang ◽  
Jing Wang
Keyword(s):  
Gender Differences ◽  
Business Ethics ◽  
Research Field ◽  
Ethical Sensitivity ◽  
Men And Women ◽  
Insurance Agents ◽  
Factors Associated ◽  
Ethics Research ◽  
The Relationship ◽  
Insight Into

To expand the business ethics research field, and to increase society's understanding of Chinese insurance agents' business ethics, we investigated how gender differences are related to agents' business ethical sensitivity and whether or not these relationships are moderated by empathy. Through a regression analysis of the factors associated with the business ethical sensitivity of 417 Chinese insurance agents, we found that gender played an important role in affecting business ethical sensitivity, and empathy significantly affected business ethical sensitivity. Furthermore, empathy had a moderating effect on the relationship between gender and business ethical sensitivity. Both men and women with strong empathy scored high on business ethical sensitivity; however, men with strong empathy had higher levels of business ethical sensitivity than did women with little empathy. The findings add to the literature by providing insight into the mechanisms responsible for the benefits of empathy in increasing business ethical sensitivity.

When is “Everyone's Doing It” A Moral Justification?

1991 ◽  
Vol 1 (1) ◽  
pp. 75-93 ◽  
Author(s):  
Ronald M. Green
Keyword(s):  
Business Ethics ◽  
Prima Facie ◽  
Moral Justification ◽  
Undesirable Behavior

The claim that “Everyone's doing it” is frequently offered as a reason for engaging in behavior that is widespread but less-than-ideal. This is particularly true in business, where competitors’ conduct often forces hard choices on managers. When is the claim “Everyone's doing it” a morally valid reason for following others’ lead? This discussion proposes and develops five prima facie conditions to identify when the existence of prevalent but otherwise undesirable behavior provides a moral justification for our engaging in such behavior ourselves. The balance of the discussion focuses on testing these conditions by applying them to a series of representative cases in business ethics.

The Relationship between Fair Value Accounting and Presence of Manipulation in Financial Statements

2014 ◽  
Vol 4 (1) ◽  
pp. 221
Author(s):  
Laith Abdullah Alaryan ◽  
Ayman Ahmad Abu Haija ◽  
Ali Mahmoud Alrabei
Keyword(s):  
Business Ethics ◽  
Financial Statements ◽  
Fair Value ◽  
Policy Implications ◽  
Annual Reports ◽  
Fair Value Accounting ◽  
Before And After ◽  
The Face ◽  
The Relationship ◽  
Number Of Firms

The application of fair value has started early in Jordan, which was a bone of contention among supporters and opponents. This study came to provide empirical evidence on the relationship between fair value and financial manipulation. The study extracted data from 45 companies’ annual reports during a ten-year period (1997- 2006) five years before and after the application of fair value to examine the relationship among the application of fair value accounting and the presence of manipulation in financial statements. The result indicates that the number of firms that manipulated information in the financial statements had increased after applying fair value accounting. The results have policy implications, one of which is that the Jordanian government should either enact new regulations or modify the current regulations in the face of an increasing number of manipulations by firms after the application of fair value accounting. These regulations are needed to increase both the managements’ and accountants’ responsibility towards the firms and to enhance the business ethics of the organization.

scholarly journals The Role of Business Ethics in the Relationship between Market Orientation and Business performance

2015 ◽  
Vol 4 (1) ◽  
pp. 70-94
Author(s):  
Gusti Oka Widana ◽  
Sudarso K Wiryono ◽  
Mustika S Purwanegara ◽  
Mohamad Toha
Keyword(s):  
Business Ethics ◽  
Market Orientation ◽  
Business Performance ◽  
Islamic Banks ◽  
Managerial Implication ◽  
Strategic Actions ◽  
Islamic Business Ethics ◽  
The Relationship ◽  
A Company

The positive of impact of market orientation toward business performance of a company is a common wisdom in the marketing literatures. Hence the prior studies recommend that the connection will depend on other strategic actions. In this regards, this study tries to assess the construct of business ethics as the precedent of market orientation in the context of Indonesia Islamic banks. Upon assessing data using SmartPLS, this study finds that market orientation is the determinant of business performance and Islamic business ethics is the precedent of market orientation. However, market orientation is not effective as the mediator in the relationship between Islamic business ethics and business performance. The discussion of this finding is provided as well as the managerial implication at the end of this paper.

scholarly journals Foruroligende etik i Heinrich von Kleists »Michael Kohlhaas«

2009 ◽  
Vol 36 (106) ◽  
pp. 70-95
Author(s):  
Maria Jørgsen
Keyword(s):  
Final Section ◽  
Central Place ◽  
The Self ◽  
Kantian Ethics ◽  
The Sublime ◽  
Self Interest ◽  
Louis Xvi ◽  
Kant's Ethics

Disquieting Ethics in »Michael Kohlhaas« by Heinrich von Kleist:This article argues that the concept of evil takes a central place in the exploration of the Kantian ethics in Heinrich von Kleist’s novella »Michael Kohlhaas«.Maria Jørgensen argues that not only is the famous duty to which Kohlhaas finds himself obliged conceived in accordance with Kant’s ethics of duty, but also the description of Kohlhaas’ subjectivity in general is constructed by means of Kantian terms. Kleist’s text makes use of concepts such as duty, freedom, pathology, universality and the sublime in order to construct Kohlhaas as an inherently decentered subject. Furthermore Jørgensen argues that the emptying of the concept of the Good in Kantian ethics surfaces in Kleist’s novella as a hitherto unnoticed tendency to a certain tautologisation in Kohlhaas’ qualitative judgments.In the final section of the article the evil act in »Michael Kohlhaas« as an act of freedom, »Aktus der Freiheit«, is investigated with a departure in the Kantian concept of diabolical evil in Religion innerhalb der Grenzen der bloßen Vernunft. If Kohlhaas’ first attempt to act ethically is contaminated by the self-interest which sticks to his initial duty to secure redress for the wrongs done to him and his fellow citizens by the Junker von Tronka, his last act of refusing to negotiate with the Elector of Saxony functions as a purely ethical act in Kantian terms. Kohlhaas’ act can be seen as an ethical act as it neglects the subject’s pathology, which according to Kant can only be done by an act of reason. Furthermore the act is in keeping with the criteria which Kant, according to Alenka Zupančič, delivers in the famous footnote on the execution of Louis XVI in Metaphysik der Sitten: The act is characterized by being purely formal, it arises from a maxim, and it is first of all an act of freedom. This article thus argues that »Michael Kohlhaas« evidently contains a fulfilled ethical act in Kantian terms, but that this act must be found in quite another place than previously assumed.

God’s Awful Majesty Before Our Eyes: Kant’s Moral Justification for Divine Hiddenness

2017 ◽  
Vol 22 (1) ◽  
pp. 133-157
Author(s):  
Tyler Paytas
Keyword(s):  
Moral Justification ◽  
Moral Law ◽  
Divine Hiddenness ◽  
Self Interest

AbstractThe problem of ‘divine hiddenness’ arises from the lack of an explanation for why an all-loving God would choose not to make his existence evident. I argue that Kant provides a compelling solution to this problem in an often overlooked passage located near the end of the second Critique. Kant’s suggestion is that God’s revealing himself would preclude the development of virtue because we would lose the experience of conflict between self-interest and the moral law. I provide a reconstruction and defence of Kant’s argument, and I explain why it is consistent with his overall position in the second Critique.

A Just Weight and Measure: Embodied Economics and the Relationship between Worship and Economic Transaction

2021 ◽  
pp. 095394682110450
Author(s):  
Joshua Abrego
Keyword(s):  
Eighth Century ◽  
Christian Ethics ◽  
Western Society ◽  
The Bible ◽  
Economic Transaction ◽  
The Relationship ◽  
Judicial Systems

The concept of a ‘just weight and measure’ within the Bible is one that has insightful value for Christian ethics and economic transactions. Considering that in many situations law and judicial systems within Western society are not capable of completely constraining unethical economic transactions, what society requires are alternative motivations to enact ethical economic transactions. This article is focused on proposing a possible motivation for Christians considering the ever-growing complexities within the marketplace. It draws on insights on the concept of a ‘just weight and measure’ in Deuteronomy and its conceptual use within the books of the eighth-century prophets. A primary insight that is highlighted is the relationship between the unethical economic transactions in eighth-century Israel and God's rejection of their cultic services. When applied analogically to contemporary contexts, lessons can be gleaned from the concept of a ‘just weight and measure’ for Christian ethical economic transactions.

Game Theory vs. Business Ethics

2015 ◽  
pp. 1849-1872
Author(s):  
Ben Tran
Keyword(s):  
Game Theory ◽  
Business Ethics ◽  
Emerging Economies ◽  
Moral Philosopher ◽  
John Von Neumann ◽  
Von Neumann ◽  
Economic Behaviour ◽  
History Of ◽  
The Moment ◽  
The Relationship

In 1954, the British philosopher Richard Braithwaite gave his inaugural lecture, Theory of Games as a Tool for the Moral Philosopher. Braithwaite predicted game theory would fundamentally change moral philosophy. However, in hindsight, John von Neumann and Oskar Morgenstern's publication of Theory of Games and Economic Behaviour was the moment modern game theory entered the discipline of ethics. The purpose of this chapter is to analyze the relationship between game theory and business ethics. In other words, this chapter explains how game theory plays a role in business ethics and affects business ethics for emerging economies and covers in detail: 1) the history of game theory; 2) types of/definition(s) of games; 3) business ethics; 4) business; and 5) ethics. The chapter concludes with the role that game theory and business ethics play in emerging economies.

The Breath of Life

2019 ◽  
pp. 1574-1592
Author(s):  
Gönül Kaya Özbağ
Keyword(s):  
Sustainable Development ◽  
Common Good ◽  
Corporate Citizenship ◽  
Well Being ◽  
Ethical Theories ◽  
Ethical Concept ◽  
Global Corporate Citizenship ◽  
The Common ◽  
Corporate Social ◽  
The Relationship

This chapter aims to contribute to the debate about corporate social responsibility (CSR), sustainable development (SD) and global corporate citizenship (GCC) that is becoming increasingly an important issue for the human well being as well as that of ecological systems. It contains three sections. The first section looks at the concept of CSR with a historical perspective. The dimensions of CSR and its relationship with ethical theories is investigated in the second section since CSR is an ethical concept. Throughout this chapter three main groups of ethical theories classified by Garriga and Mele (2004) will be presented such as normative stakeholder theory, universal rights, the common good approach. Based on the relationship between common good approach and sustainable development, the author will discuss a requirement for global corporate citizenship approach in the third section.

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