Morality, competition, and the firm : the market failures approach to business ethics / Joseph Heath.
Heath, Joseph, 1967- author.
2014
HF5387 .H435 2014
Available Online

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Title Morality, competition, and the firm : the market failures approach to business ethics / Joseph Heath.
Author Heath, Joseph, 1967- author.
ISBN 9780199990481 (hardback)
9780199990498 (electronic bk.)
Published Oxford ; New York : Oxford University Press, USA, [2014]
Copyright ©2014
Language English
Description 1 online resource (423 pages)
Call Number HF5387 .H435 2014
Dewey Decimal Classification 174/.4
Summary "In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm"-- Provided by publisher.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Description based on print version record.
Available in Other Form Morality, competition, and the firm : the market failures approach to business ethics.
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Machine generated contents note:
Acknowledgements
Introduction
Part 1: The Corporation and Society
1. A Market Failures Approach to Business Ethics
2. Stakeholder Theory, Corporate Governance and Public Management (with Wayne Norman)
3. Business Ethics Without Stakeholders
4. An Adversarial Ethic for Business: or, When Sun-Tzu met the Stakeholder
5. Business Ethics and the 'End of History' in Corporate Law
Part 2: Cooperation and the Market
6. Contractualism: Micro and Macro
7. Efficiency as the Implicit Morality of the Market
8. The History of the Invisible Hand
9. The Benefits of Cooperation
Part 3: Extending the Framework
10. The Uses and Abuses of Agency Theory
11. Business Ethics and Moral Motivation: a Criminological Perspective
12. Business Ethics After Virtue
13. Reasonable Restrictions on Underwriting
Bibliography
Index.

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