Why be moral? A reply to Shaw and Corvino

Article Abstract:

Trust is created through treating people in ways that can be regarded as just, fair and right. Trust promotes commitment, commitment fosters effort, and this effort can bring improved organizational success when compared with managerial decisions that are seen as less just, fair and right. Managerial moral reasoning must aim for fairness in the distribution of benefits and the allocation of harms. It is not possible for a manager to be both fair and deceptive at the same time.

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The loyalty effect

Article Abstract:

Frederick F. Reichheld's book 'The Loyalty Effect' is a particularly interesting study of virtue ethics because it is written from the point of view of a businessman, rather than that of an ethicist or a theoretician. It therefore places strong emphasis on the factors that can bring business success or failure. It never makes direct reference to ethics, but is in fact full of ethics, at least if the reader is in agreement with the Aristotelian way of understanding ethics.

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Economics, business principles and moral sentiments

Article Abstract:

The important role of business principles and moral sentiments in economic success as well as the influence of cultures on business behavior are analyzed. Further, the assumptions that business principles are restricted to maximize profit and moral sentiments are insignificant to economics are refuted by applying theoretical considerations, analyzing Adam Smith's work and interpreting Japan's economic growth.

Economics, Ethical aspects

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