Cover of Business and Professional Ethics Journal
Already a subscriber? - Login here
Not yet a subscriber? - Subscribe here

Browse by:

Displaying: 21-40 of 1058 documents

21. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Geoffrey C. Friesen Human Flourishing and the Self-Limiting Assumptions of Modern Finance
abstract | view |  rights & permissions | cited by
Current models in finance make strong, self-limiting assumptions about the nature of human utility, human relationships, human flourishing, and human growth. These assumptions facilitate tractable solutions to financial problems but ignore subjective determinants of human well-being and value creation within the firm. The philosophical and theological traditions of Catholic teaching, as well as evidence on human flourishing from model social science, call us beyond these models. This paper focuses on three specific areas where a “disconnect” exists between Catholic teaching and current finance models, highlights the relevance of Catholic teaching, and sketches a framework for more fully integrating human flourishing into finance models.
22. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Agna Fernandez, C. Joe Arun Enabling Learning to Develop Personal Capability for Human Flourishing: Constructing a Model through Grounded Theory
abstract | view |  rights & permissions | cited by
The purpose of this qualitative research is to conceptualize the factors that influence human flourishing. Data has been gathered through in-depth, semi-structured interviews with thirty global heads of Human Resources of manufacturing companies in India and South Asia. Data from these interviews are analyzed using grounded theory methodology to categorize concepts and create a conceptual model of the main themes which contribute to human flourishing. This study highlights three such themes: (1) opportunities for advancement; (2) personal capability; and (3) leading people inclusively. This article provides implications for a more complete model for entrepreneurs, policy makers, and HR heads to understand the conditions necessary for human flourishing, filling a literature gap in the study of human flourishing from the perspective of an employer.
23. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Frances Jeanne L. Sarmiento Depicting the Two “Faces” of Labor Contracting and Their Effects in the Philippines
abstract | view |  rights & permissions | cited by
This study provides an overview of the different forms of labor contracting in the Philippines, as found in the “formal” economy, i.e., the traditional sectors of Agriculture, Industry, and Services, as well as the “informal” or gig economy. It also discusses similarities and differences between the “formal” and “informal” economy, as well as the increasing precarity of labor contracting, regardless of industry sector and the nature of work. The paper concludes with recommendations to address the precariousness and inequality of labor contracting within the immediate future.
24. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Maciej Bazela Technology as a Response to the Challenges of Aging Society and Shrinking Labor Markets: What Can We Learn From the Case of Japan?
abstract | view |  rights & permissions | cited by
This paper examines how Japan has embraced advanced technologies to address the challenges of an aging society and shrinking labor markets. Using Japan as a case study, this paper explores the relationship between human dignity, the intrinsic value of work, and the fourth industrial revolution. The paper is divided into four sections. The first section describes the scale of aging and shrinking labor markets in Japan, and the measures that the Japanese government has used to tackle these problems. The second section offers a selection of five mini cases that show how advanced technologies are used in different sectors of the Japanese economy. The third section outlines some ethical concerns that go beyond utilitarian benefits of using advanced technologies to address the problem of aging. The perspective of Catholic Social Teaching (CST) is adopted as a main advocate of a person-centered social ethics. The fourth section offers an assessment of Japan’s experiment and outlines further research opportunities.
25. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Arnd Küppers Migration, Labor, and Welfare: An Attempt at a Social Ethical Evaluation
abstract | view |  rights & permissions | cited by
The desire for work, income, and better living conditions is the main cause for international migration. Such labor migration is also called economic migration, although it has many non-economic aspects and side effects as well. This article seeks to examine the reasons for and the consequences of international labor migration in its different dimensions. This will take into consideration the interests of all three groups involved: the migrants and their families, the countries of origin and their peoples, the host countries, and the local populations. The core of the article is a social ethical evaluation of the conflicts of interest revealed in the analysis, considering the values of human dignity and justice. The aim is to explore how to balance different interests through a humane and fair immigration policy and international migration partnership.
26. Business and Professional Ethics Journal: Volume > 41 > Issue: 3
Notes on Contributors
view |  rights & permissions | cited by
27. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Adenekan Dedeke Framework for Assessing the Integration of Ethics in the Design of Impact Investment Ventures
abstract | view |  rights & permissions | cited by
Impact investment ventures are growing in the modern economy. However, the recent failures of some impact investment ventures are a cause for concern. Unfortunately, our concern about the ethicality of these kinds of social exchanges seem to emerge when it is too late. Namely, we become concerned about lack of ethics when a venture has failed or is collapsing. A better approach would be for us to have a means to proactively assess and improve the degree to which the arrangements and practices of a social exchange meet ethical standards. Whereas much work has been done to equip social ventures to evaluate their impacts, little work has been done to create frameworks that could be used to assess the degree to which social exchanges integrate ethical practices in their designs. This paper proposes such a framework. For illustration purposes, the proposed framework would also be used to evaluate the One Acre Farm, an impact investment venture in Africa.
28. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Thomas Köllen What Makes a Good Diversity Manager?: A Virtue-Based Perspective
abstract | view |  rights & permissions | cited by
The prevalent rule-based perspective on diversity management renders most diversity initiatives more or less uniform, and it therefore also renders the individual(s) in charge of these initiatives replaceable. Against this background, this article argues that an ethical realignment towards a virtue-based perspective, focusing on the diversity manager him- or herself, could help rethink diversity management, and to refashion it into a more impactful shape. The virtue in question is the Aristotelian notion of the virtue of practical wisdom (phrónēsis). Making their practical wisdom a selection criterion for the recruitment process is a first step in the direction of upgrading the concept of diversity management. However, it is also important to adjust their working conditions, the design of their role, as well as their autonomy and performance evaluations in a way that allows them to develop, maintain, and practice this phrónēsis.
29. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Irina M. Kopaneva Benefit Corporations in the U.S.: An Alternative Frame of Profit
abstract | view |  rights & permissions | cited by
The benefit corporation (BC) is a for-profit corporation required to create a positive impact on workers, communities, society, and environment. The purpose of this paper is to explore how BCs reconcile dominant and alternative frames of profit. This study presented here explores three BCs in the U.S. through a dual-method approach based on observations and interviews. The study reveals how BC members understand and express the idea of profit. Furthermore, it shows the formation of an alternative frame of profit and elucidates three processes whereby the dominant and alternative ideas are reconciled. It highlights both interpretive capabilities and limitations of social actors within the dominant discourse of the contemporary social-economic system.
30. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Sara Mandray Relational Economy: A Promised Land beyond the Wilderness of a “Faceless Economy”?
abstract | view |  rights & permissions | cited by
Muhammad Yunus, Franck Riboud, Grameen Danone, those are some names and projects that may come to mind when thinking about social entrepreneurship. But what about Paul of Tarsus, John Chrysostom or Basil of Caesarea? In this theoretical article, we propose to revisit the ancient notion of oikonomia. Greek philosophers and after them the Church Fathers have drawn for more than twelve centuries the contours of this notion. In the light of their works, we consider the promise of an economy that can be intrinsically altruistic and generous. Building on the work of Paul Ricoeur, we study the ethical dimension of oikonomia as economy of the self, others and the city. The Christian oikonomia is then interpreted as practical wisdom. And at the top of it, social entrepreneurship appears as a sign of a new ethical form of economy that we call relational economy.
31. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Elme Vivier, Mollie Painter, Gideon Pogrund, Kerrin Myres What an Ethics Management Program Cannot Sufficiently Address in an African Context: An Ethics Survey’s Results Read through a Levinasian Lens
abstract | view |  rights & permissions | cited by
Ethics management programs have become a popular first step for organizations to manage ethical risks and employee behaviors. However, such programs may fail to foster moral responsiveness or acknowledge broader societal issues. This article contributes to this discussion through an analysis of qualitative data from an ethics survey of fifteen South African companies. Results indicate employees experience persistent unethical behaviors in the form of the disrespect, bullying and discrimination. Reflecting on these results, the article explores the limits of ethical management programs, and whether a compliance approach undermines the transformative ethics that is most needed in organizations struggling with diversity and inclusion. Drawing on Levinas, the article shows that openness to the face of the Other does not lend itself to instrumental orientations, nor to formalized, standardized responses. Instead, moral responsiveness to particular Others is required, and it is this aspect that may be absent from South African ethics initiatives.
32. Business and Professional Ethics Journal: Volume > 41 > Issue: 2
Notes on Contributors
view |  rights & permissions | cited by
33. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
S. Douglas Beets An Ethical Revision of the Status Quo: The Modified Mondragon Corporation
abstract | view |  rights & permissions | cited by
As currently designed, the business corporation is primarily designed for one simple purpose: the enrichment of stockholders. Considering the immense size and wealth of many modern corporations, however, this prioritized focus has deleterious ethical consequences, including a burgeoning wealth gap between those who own or manage the corporation and employees. Several individuals and organizations are calling for a redesign of the business corporation to benefit those affected by business organizations, such as employees and communities. One such design, developed in the village of Mondragon in the Basque region of Spain, is employee-owned with extensive profit sharing, employee training, limits on executive compensation, and financial support for the surrounding community. To examine the differences between the status quo corporation and a modified Mondragon model, an analysis was performed of the financial, employee compensation, and stock information of a sample of corporations of the Fortune 500 under both systems. While aggregate financial position and profitability did not differ significantly between the two models for the tested corporations and time period, the employee compensation, financial commitment to training and education, community financial support, and ethics of the two models have profound differences.
34. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Gerald F. Cavanagh, Oliver F. Williams Retrieving Aristotle’s Phronesis: A Focus on Character and Practical Wisdom in the Selection of Business Leaders
abstract | view |  rights & permissions | cited by
Most executives recognize that the long-term financial health, prosperity and survival of their firm depend upon leaders who have good moral character. The article argues that a retrieval of Aristotle’s work on character and virtue can bring new clarity on how to identify and select leaders of our business institutions. The study presents a discussion of Aristotle’s phronesis or practical wisdom and how this focus might aid and abet the selection of appropriate leaders. The original contribution offered here centers on how virtue only makes sense for Aristotle in the context of a teleological worldview whereby human beings are seeking what is intrinsically worthwhile—purpose, meaning, health, and community life. For Aristotle, virtues are much more than what makes a person attractive to the job market. Catholic social teaching reflects this Aristotelian perspective on the role of business in society. The article concludes showing how Aristotle’s insight on phronesis offers a way to enhance standard processes employed in the selection of business leaders.
35. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Geert Demuijnck, Patrick Murphy Retail Practitioners’ Views vs. Ideal Theoretical Positions Concerning Ethical Business Practices with Garment Suppliers
abstract | view |  rights & permissions | cited by
The paper analyzes managers’ stance toward the ethical responsibility of those who work for multinational garment retailers. Most are charged with the social compliance policies affecting relationships with subcontractors. This study is based on interviews conducted with major European and American retailers. Our research question is: what is the normative stance of our respondents? We find that they reject the ideological way in which the normative debate on sweatshops has been conducted by business ethicists during the last decades. These executives’ implicit conception and scope of their moral responsibility is much more in line with Iris Young’s (2006) conception of ‘political responsibility’. This managerial ethical position has not been adequately captured by earlier writings on this topic. In general, the managerial ethical framing of issues like child labor, minimally decent labor conditions, a living wage, etc. is at odds with how these issues are usually treated in the philosophical debates around sweatshops. Examining both visions allows us to better grasp the pragmatic normative stance of business practitioners as well as the dynamics of social compliance policies. In the conclusion, we draw both management lessons and research implications for more ethical interactions with suppliers.
36. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Dayoung Kim Promoting Professional Socialization: A Synthesis of Durkheim, Kohlberg, Hoffman, and Haidt for Professional Ethics Education
abstract | view |  rights & permissions | cited by
During the professional socialization process, nascent professionals internalize the moral values of their profession. Since professional socialization begins in professional schools, this article provides a new conceptual framework for professional ethics education which highlights the affective aspects of moral formation. To create the conceptual framework, this article synthesizes the ideas of Durkheim, Kohlberg, Hoffman, and Haidt on moral formation, with Durkheim as a common thread. In this conceptual framework, the internalization process is influenced and promoted by social discipline, which includes both cognitive and affective aspects. Desirable social discipline can be achieved when cognition and affect are well-balanced, with respect for individual differences. To illustrate how this conceptual framework can be applied to professional education, this article uses the specific example of engineering ethics education.
37. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Shireen Musa, Pradeep Gopalakrishna The Role of Compassion and Sustainability Awareness on Fair Trade Fashion Consumption with Internet Engagement as a Moderator
abstract | view |  rights & permissions | cited by
This study focuses on the role that a) Compassion for Oneself, Others and the Environment (COOE) and b) Desire for Sustainability Awareness (DSA) have on Fair Trade Fashion Consumption (FTFC). The newly derived COOE and DSA constructs help us understand how emotions of compassion and the desire for sustainability awareness may influence consumer behavior. Online surveys were distributed consumers who shop at Fair Trade clothing companies and consumers shop at conventional clothing companies. The sample size for this study is one hundred and twenty-nine, N=129. Results were analyzed through correlation and multiple regression. It was found that COOE and DSA are positively related to FTFC. In addition, Internet Engagement (IE) functions as a moderator for the relationship between DSA and FTFC.
the ethics of leadership-as-practice
38. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Joseph A. Raelin Refining the Ethics of Leadership-as-Practice: A Counter-Case Analysis
abstract | view |  rights & permissions | cited by
The field of leadership-as-practice (L-A-P) is beginning to mature as a theory of leadership in direct opposition to standard leadership, which views the individual as the mainstay of leadership experience. Nor does it focus on the dyadic relationship between leaders and followers, which historically has been the starting point for any discussion of leadership. Rather, it is concerned with how leadership emerges and unfolds through day-to-day experience. In this ongoing and evolving activity, questions of ethics arise which challenge what appears to be a flat ontology circumscribing its ethical applications. Using a case analysis, which according to the author takes significant liberties with some of the fundamental ethical principles and practices of L-A-P, this essay seeks to refine and delineate what constitutes business ethics from a leadership-as-practice perspective.
39. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Martyna Śliwa, Peter Case Response to Raelin
view |  rights & permissions | cited by
40. Business and Professional Ethics Journal: Volume > 41 > Issue: 1
Peter Case, Joseph A. Raelin, Martyna Śliwa Concluding Remarks
view |  rights & permissions | cited by