BUSINESS & PROFESSIONAL ETHICS JOURNAL最新文献_第9页

Size Matters: Why Managers Should Pursue Corporate Growth, Even at the Expense of Shareholder Value 规模很重要:为什么管理者应该追求公司成长，即使牺牲股东价值

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423315

J. Dobson

{"title":"Size Matters: Why Managers Should Pursue Corporate Growth, Even at the Expense of Shareholder Value","authors":"J. Dobson","doi":"10.5840/BPEJ200423315","DOIUrl":"https://doi.org/10.5840/BPEJ200423315","url":null,"abstract":"The fact that managers pursue corporate growth and diversification as a primary objective, and that this objective might be contrary to other corporate goals, is well established. For example, Adams and Brock in The Bigness Complex note that “America’s corporate giants have not performed well over the last fifteen years...Bigness has not delivered the goods, and thus fact is no longer a secret” (1986, p. xi). Recent evidence to support this claim is provided in an extensive empirical study by Ramezani, Soenen, and Jung who analyze several thousand firms over a period of eleven years from 1990 through 2000. They define corporate growth in terms of the growth rate in sales, and shareholder value in terms of both economic value added (EVA) and abnormal stock-market returns. (These definitions of corporate growth and shareholder value are used throughout this paper.) They conclude that “although the corporate profitability measures generally rise with earnings and sales growth, an optimal point exists beyond which further growth and sales growth, an optimal point exists beyond which further growth destroys shareholder value...” (2002, p. 56). They note that many firms go beyond this optimal point and conclude that “corporate managers need to abandon the habit of blindly increasing company size” (p. 65).","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"45-59"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71239477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Teaching Moral Responsibility within Organizations: Are We Doing What We Should? 在组织中教授道德责任:我们在做我们应该做的吗?

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423317

Michael Davis

引用次数: 0

Reflections on Consumerism in a Global Era 全球化时代对消费主义的思考

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ20042343

M. Stackhouse

{"title":"Reflections on Consumerism in a Global Era","authors":"M. Stackhouse","doi":"10.5840/BPEJ20042343","DOIUrl":"https://doi.org/10.5840/BPEJ20042343","url":null,"abstract":"The day that Martha Stewart, the stylist of classy consumption for the masses, was found guilty, her company lost twenty-three percent of its value on the stock market. It even lost more before it made its surprising recovery. Corporations are like churches; they are hard to kill (although they can be bought out more easily). Now, after her release, sales of her household goods continue to flourish, television shows sponsored by the corporation are developing further the kinds of products she offers, and she has become the pop-heroine of entrepreneurial capitalism. In the long run, people want what she offers: a sense of style in the ordinary things of life?food, home d?cor, gardening, entertaining, and business opportunity. Now here is a question: Did her corporation create that desire by ad vertising, or did she build her fame and fortune by serving the unarticulated wants of the general population? Advertising can help define new wants and articulate new desires; but as I understand it, advertising campaigns do not always work. They have to connect with a latent range of desires already present among the populace. Think of Christmas as a time of massive buying. It was not always the case that purchases were so high for that holiday that they equaled another fiscal month for merchants, so that the overall earnings for the season determined whether profits for the year went up or down. There are studies of these things. Leigh Eric Schmitt, in his","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"27-42"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71240063","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Lasting Success for the Christian in Business 基督徒在商界的持久成功

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ20042344

L. Nash

{"title":"Lasting Success for the Christian in Business","authors":"L. Nash","doi":"10.5840/BPEJ20042344","DOIUrl":"https://doi.org/10.5840/BPEJ20042344","url":null,"abstract":"In the early 1990s I began interviewing evangelical CEOs for my book Believers in Business (Nashville, TN: Thomas Nelson, 1994).1 This was the first time I had researched religion and business ethics, and my question then was simple: \"Is there a connection between evangelical belief and running a for-profit corporation? How does Christian faith influence busi ness leadership?\" I recall that most academicians thought my question to be either a radical criticism or a totally clueless inquiry, on the identical assumption that the answer was already obvious: \"not at all.\" The general thinking was that business had no ethics, or if it did, that modern economic life had secularized all that was once sacred in the business worldview and American culture. The latter view had, of course, been notably articulated by Harvey Cox in his book, The Secular City (New York: Macmillan, 1965), an assertion that had caused Time magazine to declare God was dead. In 1967 my colleague Peter Berger made the famous observation that the sacred canopy once protecting and governing American public life had been torn in two. The dominant modern worldview of sheer rationality had led to a \"disenchantment of the world\" (The Sacred Canopy, Garden City, NY: Doubleday, 1967). Many managers and business professors felt that this was as it should be. Presumably, there would be less possibility of irrationality (read, unprofitability) or intolerance (read, end of Protestant establishment) in decision-making, which would presumably result in better economics and better ethics in business.","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"43-67"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71240078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Executives, Professionals, and the Morality of Single-Sex Clubs 高管、专业人士和单性俱乐部的道德

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423318

J. Taylor

{"title":"Executives, Professionals, and the Morality of Single-Sex Clubs","authors":"J. Taylor","doi":"10.5840/BPEJ200423318","DOIUrl":"https://doi.org/10.5840/BPEJ200423318","url":null,"abstract":"In recent years private single-sex clubs have been subjected to a great deal of moral criticism. They have been condemned as sexist, as illegitimately withholding social and professional benefits from the sex that they exclude, and (in their masculine form) as the remnants of a morally bankrupt patri archal system that should finally be swept away. Unfortunately for such clubs, the sound and fury that is currently directed at them signifies some thing rather than nothing. In Britain, legal steps have been taken to require that if such clubs admit persons of the excluded sex as Associate members, then the Associate members must receive the same club benefits as the Full members.1 More drastically, Lord Watson of Invergowrie, the Scottish Tourism, Culture, and Sport Minister, proposed that single-sex golf clubs be disbarred from hosting the British Open, while the all-male Augusta Nation al Golf Club in the United States has been subject to considerable public pressure to admit female members.2,3 Even single-sex clubs that are not so clearly in the public eye have been subjected to pressure to change. For ex ample, the all-male Kate Kennedy Club of St. Andrews University (dedi cated to maintaining the traditions of the university and the town, improving town-gown relations, and raising money for charity) has been criticized in the Scottish Parliament for its \"discriminatory\" membership policies.4 Moreover, the moral disapproval of such clubs is not only restricted to their traditional opponents on the political left. In 2001, for example, Iain Dun can Smith, the then leader of the Conservative Party, refused an invitation toj?in the all-male Car lton Club on the grounds that the membership of this","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"93-105"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71239870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A stakeholder approach to ethical human resource management 利益相关者道德人力资源管理方法

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423313

M. Greenwood, J. Simmons

引用次数: 23

On Moralizing in Business Ethics 论商业伦理的道德化

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423319

H. Koppang, Mike W. Martin

引用次数: 1

Corporate Social Responsibility in a Globalizing World: What's a Christian Executive to Do? 全球化背景下的企业社会责任:基督徒高管该怎么做?

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423410

Steven L. Rundle

{"title":"Corporate Social Responsibility in a Globalizing World: What's a Christian Executive to Do?","authors":"Steven L. Rundle","doi":"10.5840/BPEJ200423410","DOIUrl":"https://doi.org/10.5840/BPEJ200423410","url":null,"abstract":"Several years ago John Houck and Oliver Williams (1996) produced a book entitled Is the Good Corporation Dead? It was prompted by the question of whether globalization is changing?or worse?eliminating, our modern sense of corporate social responsibility (CSR). As is often the case with edited compilations, there was a range of opinions expressed, both about what defines CSR and what should be done to save it. But if there was a common theme, it was that while the \"good\" corporation is not dead, it is certainly facing new challenges because of globalization. To this I would add that new opportunities for CSR are emerging as well. Globalization is expanding the reach of even the smallest businesses, and with that comes the capacity to do great harm or great good. The CSR debate more often emphasizes the former; this essay will focus on the latter. Anyone familiar with the CSR debate knows that the only real dif ference between the concerns being raised today?corporate obligations toward employees and other stakeholders, the ethics of outsourcing, down sizing, and so on?and those raised in past decades, is the global nature of today's marketplace. Where once the debate focused on the ethicality of, for example, outsourcing certain stages of the production process to low wage states like South Carolina or Mississippi, now the sharpest criticism is reserved for those who use overseas sources.","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"171-183"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71239997","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Integration in Christian Ethical Decision-making 基督教伦理决策的整合

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ20042347

S. Jackson

{"title":"Integration in Christian Ethical Decision-making","authors":"S. Jackson","doi":"10.5840/BPEJ20042347","DOIUrl":"https://doi.org/10.5840/BPEJ20042347","url":null,"abstract":"Market complexity, ongoing change, and the effect of postmodern assump tions on capitalism leave organizational leaders to manage a degree of ambiguity historically unknown. In the midst of such ambiguity, leaders must respond to multiple constituents with competing demands (Fama, 1980), operating within structures that minimize the leaders' formal authority (e.g., Miles and Snow, 1986). The leaders' task, therefore, becomes the management of market and value ambiguity without formal influence, or at least with primarily informal influence (Kotter, 1985). It is in this ambiguous context that most organizational leaders are challenged with making and implementing ethical decisions (Donaldson, 2003). Overly simplistic assistance to leaders will not satisfy their complex needs. They require an integrated and appropriately sophisticated model for ethical decision-making. Christian leaders may require more, because they believe they are wrestling with truth in the midst of apparent chaos. Many promising advances are available to assist them, yet organizational efforts continue to strive for a more satisfactory integration. Given the overwhelming breadth and depth of ethical perspectives to date (Stackhouse, 1995), full and satisfactory integration is ultimately attainable only by God. However, we are called to the task of ongoing","PeriodicalId":53983,"journal":{"name":"BUSINESS & PROFESSIONAL ETHICS JOURNAL","volume":"23 1","pages":"115-133"},"PeriodicalIF":0.4,"publicationDate":"2004-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71240253","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Confucianism as an Ethical Foundation for Total Quality Management 儒家思想作为全面质量管理的伦理基础

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BUSINESS & PROFESSIONAL ETHICS JOURNAL Pub Date : 2004-11-01 DOI: 10.5840/BPEJ200423314

G. Meirovich, Edward J. Romar

引用次数: 4