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The Ownership Model of Business Ethics

Rodin, David

Description

This essay attempts to develop a new theoretical model for business ethics distinct from the two canonical business-ethics theories, the stakeholder theory and the shareholder value theory. Milton Friedman argued that because managers are agents of the company's owners, their sole moral responsibility is to maximize owner returns. Thomas Pogge has recently suggested that such a view involves a kind of moral incoherence and that we should reject the efficacy of social arrangements like the...[Show more]

CollectionsANU Research Publications
Date published: 2005
Type: Journal article
URI: http://hdl.handle.net/1885/84822
Source: Metaphilosophy

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