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Business Ethics: An Economically Informed Perspective [Hardback]

(Professor of Business Ethics and Director of the Institute for Ethics in Artificial Intelligence, Technical University of Munich), (Junior Research Group Leader, Technical University of Munich)
  • Format: Hardback, 348 pages, height x width x depth: 242x160x25 mm, weight: 662 g
  • Pub. Date: 18-Mar-2021
  • Publisher: Oxford University Press
  • ISBN-10: 0198864779
  • ISBN-13: 9780198864776
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  • Format: Hardback, 348 pages, height x width x depth: 242x160x25 mm, weight: 662 g
  • Pub. Date: 18-Mar-2021
  • Publisher: Oxford University Press
  • ISBN-10: 0198864779
  • ISBN-13: 9780198864776
Other books in subject:
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read on the Oxford Academic platform and offered as a free PDF download from OUP and selected open access locations.

In an increasingly globalized world, business ethics continues to gain importance as a field of study. This book provides a comprehensive overview of the essential concepts of business ethics related to the economy as a whole, as well as more closely understood corporate ethics related to the individual company. In contrast to more casuistic works on the topic, special emphasis is placed on a coherent theoretical foundation that puts economic analysis tools at the centre of the consideration. Both classical and experimental economic approaches and results are called upon. The importance of often-neglected dilemma structures and the resulting implications for an ethics of the modern age are given wide scope, while special attention is also paid to the value of empirical research for business ethics. A substantial portion of the book is devoted to corporate ethics and explores issues that encompass corporate responsibility in the context of compliance, corporate social responsibility, corporate citizenship, and creating shared value. This is intended to provide students and academics with an aid in the theoretical classification of the variety of concepts that often coexist incoherently in contemporary debate.

As the topic has evolved, it has extended far beyond narrow disciplinary boundaries. This book is intended for students in the social sciences, particularly economics, business, and psychology, as well as the computer sciences, engineering, and the natural sciences.

Reviews

Notably, this book aims to prepare readers for work in such emerging fields as corporate digital responsibility. * C. Wankel, St. John's University, New York, Choice Connect * an original contribution to business ethics and advances the status of the discipline. As a result of its relatively complex expositions, the book would be suitable for students in their third or final year of under-graduate studies and for any post-graduate orientation at Honours and Masters level. Businesspeople and practitioners will gain valuable insights from the many useful case studies, reflections on global issues, and specifically the section on corporate ethics. Oxford University Press and the authors are to be thanked for their efforts to produce a book of high quality. * Petrus Naudé, South African Journal of Business Management *

List of figures
ix
List of tables
xi
List of boxes
xiii
An Economically Informed Approach to Business Ethics
1(306)
1 Business ethics in the age of globalization
3(21)
1.1 The phenomenon of globalization
3(9)
1.2 The implications of globalization for business ethics
12(4)
1.3 Case studies
16(8)
2 Basic concepts
24(17)
2.1 Business ethics problems as interaction problems
24(4)
2.2 Ethics and economics--definitions and methodological deductions
28(3)
2.3 Situating business ethics in philosophy
31(10)
3 Historical-economic background: Premodernity and modernity
41(39)
3.1 Ethics of behavior and ethics of conditions
42(15)
3.2 The benefits of the market and competition
57(8)
3.3 The fair price
65(5)
3.4 The prohibition of interest and usury
70(10)
4 Foundations and tools of business ethics
80(76)
4.1 Philosophical foundations and tools
80(19)
4.2 Economic and socio-scientific foundations and tools
99(31)
4.3 Psychological foundations and tools
130(26)
5 Problem areas of business ethics
156(39)
5.1 Poverty and inequality
156(13)
5.2 Human dignity and human rights
169(12)
5.3 Sustainability
181(14)
6 Corporate ethics
195(112)
6.1 Compliance as a minimum ethical requirement
195(32)
6.2 Different perspectives on corporate responsibility
227(22)
6.3 Corporate social responsibility: approaches and criticism
249(56)
Business Ethics: Interdisciplinary Perspectives and Future Challenges
305(2)
Glossary 307(12)
Index 319
Christoph Lütge is Full Professor of Business Ethics and Director of the Institute for Ethics in Artificial Intelligence at Technical University of Munich (TUM). He has a background in philosophy and business informatics, having taken his PhD at the Technical University of Braunschweig in 1999 and his habilitation at the University of Munich (LMU) in 2005. Lütge has held visiting positions at Harvard, University of Pittsburgh, University of California (San Diego), Taipei, Kyoto and Venice. He is a member of the Scientific Board of the European AI Ethics initiative 'AI4People' as well as of the German Ethics Commission on Automated and Connected Driving.





Matthias Uhl is Junior Research Group Leader at the Technical University of Munich (TUM). He was a research fellow at the Max Planck Institute of Economics and obtained his PhD in Economics in 2011 at the University of Jena, Germany. Afterwards, he worked for five years as a postdoc at the Chair of Business Ethics at TUM. He received his habilitation in philosophy there in 2019. His main research interests are in behavioural ethics, experimental economics, business ethics, and the ethics of digitization.