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Does Business Ethics Rest on a Mistake?

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  • Boatright, John R.

Abstract

This presidential address to the Society for Business Ethics argues that business ethics rests upon the mistaken assumption that teaching and research in the field ought to aim at the incorporation of ethics into managerial decision making. An alternative to this Moral Manager Model is a Moral Market Model, in which the aim is to develop markets that produce ethical outcomes. The differences between the two models are discussed with reference to the themes of responsibility, participation, and relationships.

Suggested Citation

  • Boatright, John R., 1999. "Does Business Ethics Rest on a Mistake?," Business Ethics Quarterly, Cambridge University Press, vol. 9(4), pages 583-591, October.
    • Handle: RePEc:cup:buetqu:v:9:y:1999:i:04:p:583-591_00
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    Cited by:

    1. Ingo Pies & Philipp Schreck & Karl Homann, 2021. "Single-objective versus multi-objective theories of the firm: using a constitutional perspective to resolve an old debate," Review of Managerial Science, Springer, vol. 15(3), pages 779-811, April.
    2. Katinka Cranenburgh & Daniel Arenas, 2014. "Strategic and Moral Dilemmas of Corporate Philanthropy in Developing Countries: Heineken in Sub-Saharan Africa," Journal of Business Ethics, Springer, vol. 122(3), pages 523-536, July.
    3. Pies, Ingo, 2022. "30 Jahre Unternehmensethik: Ein ordonomischer Rückblick, Überblick und Ausblick," Discussion Papers 2022-01, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    4. Pies, Ingo & Beckmann, Markus & Hielscher, Stefan, 2009. "Competitive markets, corporate firms, and new governance - An ordonomic conceptualization," Discussion Papers 2009-13, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    5. Pies, Ingo, 2023. "Folk Economics und Folk Ethics als moralisches Problem: Ordonomische Anregungen zur Business Ethics," Discussion Papers 2023-12, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    6. Margaret Oppenheimer & Helen LaVan & William Martin, 2015. "A Framework for Understanding Ethical and Efficiency Issues in Pharmaceutical Intellectual Property Litigation," Journal of Business Ethics, Springer, vol. 132(3), pages 505-524, December.
    7. John Hendry, 2001. "After Durkheim: An Agenda for the Sociology of Business Ethics," Journal of Business Ethics, Springer, vol. 34(3), pages 209-218, December.
    8. Pies, Ingo, 2023. "Folk economics and folk ethics as problems of moral reasoning: Ordonomic inspirations for business ethics," Discussion Papers 2023-13, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    9. Michael Schwartz & Heath Spong, 2009. "Subjectivist Economics and Ethical Business," Journal of Business Ethics, Springer, vol. 90(1), pages 123-136, November.
    10. Pies, Ingo & Hielscher, Stefan & Beckmann, Markus, 2008. "Corporate citizenship as stakeholder management: An ordonomic approach to business ethics," Discussion Papers 2008-4, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    11. Wim Dubbink & Luc Liedekerke, 2014. "Grounding Positive Duties in Commercial Life," Journal of Business Ethics, Springer, vol. 120(4), pages 527-539, April.
    12. Marc Cohen, 2010. "The Narrow Application of Rawls in Business Ethics: A Political Conception of Both Stakeholder Theory and the Morality of Markets," Journal of Business Ethics, Springer, vol. 97(4), pages 563-579, December.
    13. Pies, Ingo & Beckmann, Markus & Hielscher, Stefan, 2012. "The political role of the business firm: An ordonomic concept of corporate citizenship developed in comparison with the Aristoleian idea of individual citizenship," Discussion Papers 2012-1, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    14. Dongyong Zhang & Stephen Morse & Uma Kambhamptati & Bingjun Li, 2014. "Evolving Corporate Social Responsibility in China," Sustainability, MDPI, vol. 6(11), pages 1-20, November.
    15. Pies, Ingo & Hübscher, Marc C., 2023. ""Value added" für Theorie und Praxis: Anregungen zur Wirtschaftsphilosophie," Discussion Papers 2023-10, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    16. Nass Elmar, 2018. "Why the Microlevel Determines the Future of the Social Market Economy?," Journal for Markets and Ethics, Sciendo, vol. 6(1), pages 107-119, June.
    17. Pies, Ingo, 2022. "Management-Kompetenzen für nachhaltige Wertschöpfung: Anregungen aus ordonomischer Sicht," Discussion Papers 2022-06, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    18. Chinmay Pattnaik & Qiang Lu & Ajai S. Gaur, 2018. "Group Affiliation and Entry Barriers: The Dark Side Of Business Groups In Emerging Markets," Journal of Business Ethics, Springer, vol. 153(4), pages 1051-1066, December.
    19. Hielscher, Stefan & Pies, Ingo & Beckmann, Markus, 2007. "Wie können Corporate Citizens voneinander lernen? Anregungen für den Global Compact der Vereinten Nationen," Discussion Papers 2007-13, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    20. Markus Beckmann & Stefan Hielscher & Ingo Pies, 2014. "Commitment Strategies for Sustainability: How Business Firms Can Transform Trade‐Offs Into Win–Win Outcomes," Business Strategy and the Environment, Wiley Blackwell, vol. 23(1), pages 18-37, January.
    21. Edmund Byrne, 2011. "Business Ethics Should Study Illicit Businesses: To Advance Respect for Human Rights," Journal of Business Ethics, Springer, vol. 103(4), pages 497-509, November.
    22. Roland Bardy & Stephen Drew & Tumenta Kennedy, 2012. "Foreign Investment and Ethics: How to Contribute to Social Responsibility by Doing Business in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 106(3), pages 267-282, March.

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