TITLE

DEFENDING THE STOCKHOLDER MODEL: A COMMENT ON HASNAS, AND ON DUNFEE'S MOM

AUTHOR(S)
Dobson, John
PUB. DATE
April 1999
SOURCE
Business Ethics Quarterly;Apr99, Vol. 9 Issue 2, p337
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Here I synthesize certain ideas presented in two different articles that appeared in the same issue of Business Ethics Quarterly. One article (Hasnas) invokes the stockholder model as a valid normative theory of business ethics, the other article (Dunfee) invokes a marketplace of morality. Both articles imply that the accepted financial-economic view of the firm is a view that can accommodate ethics. I offer empirical support for this view. I also identify the ethic of the stockholder model as a variant on might-makes-right and consider the social acceptance of this ethic as a postmodern phenomenon.
ACCESSION #
1733393

 

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