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- The three leading normative theories of business ethics are the stockholder theory, the stakeholder theory, and the social contract theory.
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Jan 23, 2015 · Abstract: The three leading normative theories of business ethics are the stockholder theory, the stakeholder theory, and the social contract theory. Currently, the stockholder theory is somewhat out of favor with many members of the business ethics community.
- John Hasnas
- 1998
Nov 17, 2016 · This entry focuses on questions in normative business ethics, most of which are variants on the question: What is ethical and unethical in business? Normative business ethicists (hereafter the qualifier ‘normative’ will be assumed) tend to accept the basic elements of capitalism.
Nov 20, 2023 · After analysing these problems, the article concludes by exploring some proposals that might serve to build a sound and complete ethical theory which includes human goods (objective values), principles (or norms) and virtues. The necessity of reconsidering the human action for a closer integration of ethics into business theory is also suggested.
Nov 24, 2017 · The chapter examines various approaches to normative foundations of business ethics developed since the 1970s: early CSR arguments, Carrol’s pyramid, Milton Friedman’s argument, stakeholder theory, integral social contracts theory, methodological pragmatism, and others.
- Maxim Storchevoy
- 2018
Abstract. This chapter sets out the key normative ethical theories that can be applied to business ethics problems, in terms of both traditional and contemporary theoretical approaches. It addresses Western modernist ethical theories, i.e. utilitarianism, ethics of duty, rights and justice, and social contract theory.
- Andrew Crane
A6stract: The three leading normative theories of business ethics are the stockholder theory, the stakeholder theory, and the social contract theory. Currently, the stockholder theory is somewhat out of favor with many members of the business ethics community.
Nov 10, 2017 · Cambridge Handbook of Research Approaches to Business Ethics and Corporate Responsibility , pp. 50. DOI: https://doi.org/10.1017/9781316584385. Publisher: Cambridge University Press. Print publication year: 2017.
