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Catholic Studies Commons

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Business Law, Public Responsibility, and Ethics

Sacred Heart University

Catholic Intellectual Tradition

Publication Year

Articles 1 - 2 of 2

Full-Text Articles in Catholic Studies

The Dilemma Between Ethics, Contemporary Political-Economy And Society's Common Good: Reengaging The Stewards Of The Common Good, Kwamie Dunbar Jan 2012

The Dilemma Between Ethics, Contemporary Political-Economy And Society's Common Good: Reengaging The Stewards Of The Common Good, Kwamie Dunbar

Presidential Seminar on the Catholic Intellectual Tradition

The paper focuses on the rising gap between ethics and modern day business practices and employs recent Catholic Social Teaching and moral anthropology in order to assess the types of (value) ascriptions that can (normativelv) best define business ethics in an era of positive economics, rising levels of individualism and a shrinking “common good."


Transparency In Financial Markets And Institutions: A Catholic Social Thought Perspecitve, Bridget Lyons, Lucjan T. Orlowski Jan 2006

Transparency In Financial Markets And Institutions: A Catholic Social Thought Perspecitve, Bridget Lyons, Lucjan T. Orlowski

Presidential Seminar on the Catholic Intellectual Tradition

We argue that transparency, or information disclosure by public and private sector institutions should be viewed as an important component of the Catholic Social Thought process. A higher degree of transparency by a single institution denotes revealing a greater magnitude of truthful information that leads to optimization of actions by other individuals and institutions, thus ultimately, to maximization of social welfare. Based on the precepts of Catholic Social Thought, more detailed and unbiased information allows individuals to make more truthful observations of reality that subsequently rationalize their judgment and actions. This is particularly relevant for financial markets and institutions that …