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Business Law, Public Responsibility, and Ethics Commons™
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Full-Text Articles in Business Law, Public Responsibility, and Ethics
Navigating The Life Cycle Of Trust In Developing Economies: One-Size Solutions Do Not Fit All, Laura Hartman, Julie Gedro, Courtney Masterson
Navigating The Life Cycle Of Trust In Developing Economies: One-Size Solutions Do Not Fit All, Laura Hartman, Julie Gedro, Courtney Masterson
Laura Hartman
Trust is critical to the development and maintenance of collaborative and cohesive relationships in societies, broadly, and in organizations, specifically. At the same time, trust is highly dependent on the social context in which it occurs. Unfortunately, existing research involving trust remains somewhat limited to a particular set of developed economies, providing a window to explore a culture's stage of economic development as a key contextual determinant of trust within organizations. In this article, we review the state of the scholarship on trust and identify those qualities of trust that are common in organizations at similar stages of economic development, …
Building Partnerships To Create Social And Economic Value At The Base Of The Global Development Pyramid, J Calton, P Werhane, Laura Hartman, D Bevan
Building Partnerships To Create Social And Economic Value At The Base Of The Global Development Pyramid, J Calton, P Werhane, Laura Hartman, D Bevan
Laura Hartman
This paper builds on London & Hart’s critique (2011) that C. K. Prahalad’s best-selling book (2005) prompted a unilateral effort to find a fortune at the bottom of the pyramid (BoP). Prahalad’s instrumental, firm-centered construction suggests, perhaps unintentionally, a buccaneering style of business enterprise devoted to capturing markets rather than enabling new socially entrepreneurial ventures for those otherwise trapped in conditions of extreme poverty. London and Hart reframe Prahalad’s insight to direct global business enterprise toward “creating a fortune with the base of the pyramid” rather than at the bottom of the pyramid. This shift in language requires a recalibration …
False Beliefs, Partial Truths: Personal Myths And Ethical Blind Spots, Crina Archer, Laura Hartman
False Beliefs, Partial Truths: Personal Myths And Ethical Blind Spots, Crina Archer, Laura Hartman
Laura Hartman
While unethical actions may arise from conscious, deliberate and reflective choices to do ‘wrong,’ many unethical decisions emerge instead from an absence of awareness of ethical responsibility. The metaphor of ‘blind spots’ has been deployed productively to describe mental obstacles that impede ethical responsibility at the individual level, but do not rise to the level of conscious awareness. Blind spots prevent us from attending to relevant data, different points of view, alternative solutions, and foreseeable consequences crucial to forging an ethical response. We identify three common myths that tend to foster ethical blind spots at the individual level by rendering …
Trust After The Global Financial Meltdown, P. Werhane, Laura Hartman, D. Bevan, K. Clark, C. Archer
Trust After The Global Financial Meltdown, P. Werhane, Laura Hartman, D. Bevan, K. Clark, C. Archer
Laura Hartman
Over the last decade, and culminating in the 2008 global financial meltdown, there has been an erosion of trust and a concomitant rise of distrust in domestic companies, multinational enterprises, and political economies. In response to this attrition, this paper presents three arguments. We propose that the stakes of violating public trust are particularly high in light of the asymmetry between trust and distrust; we identify a constellation of key barriers to overcoming distrust that companies face in the current environment; and we argue that, notwithstanding these challenges, these phenomena are not fatal and can be addressed through a holistic …
Development, Poverty And Business Ethics, Laura Hartman, P. Werhane, K. Clark
Development, Poverty And Business Ethics, Laura Hartman, P. Werhane, K. Clark
Laura Hartman
Proposals surrounding poverty alleviation are greatly affected by the ways in which we think about people living in conditions of extreme poverty. The success or failure of those proposals, when operationalized, depends upon our mental models and the ways in which we calibrate and then integrate the narratives we encounter. While others have envisioned a role for multinational enterprises (MNEs) in alleviating global poverty, these schemes lack the catalysts of moral imagination and systems thinking necessary to modify MNE mental models toward sustainable solutions that also create board-based stakeholder value. We will outline the parameters of the challenge, explain the …
‘Connecting The World Through Games’: Creating Shared Value In The Case Of Zynga’S Corporate Social Strategy, Laura Hartman, E. Mead, D. Christman, P. Werhane
‘Connecting The World Through Games’: Creating Shared Value In The Case Of Zynga’S Corporate Social Strategy, Laura Hartman, E. Mead, D. Christman, P. Werhane
Laura Hartman
When using cases to teach corporate strategy and ethical decision-making, the aim is demonstrate to students that leadership decision-making is at its most effective when all affected stakeholders are considered, from shareholders and employees, to the local, national, and global societies in which the company operates. This paper challenges the obstructive perception of many Corporate Social Responsibility (CSR) advocates that the interests of private organizations in the alleviation of social problems should not be vested, but instead should originate from charitable purposes. We evaluate an alternative approach to the role of business in contributing to social progress - Creating Shared …
Positive Ethical Deviance Inspired By Moral Imagination: The Entrepreneur As Deviant, Laura Hartman, Fiona Wilson, Denis Arnold
Positive Ethical Deviance Inspired By Moral Imagination: The Entrepreneur As Deviant, Laura Hartman, Fiona Wilson, Denis Arnold
Laura Hartman
The purpose of this paper is to extend the concept of positive ethical deviancy and moral imagination to the entrepreneurial environment. We specifically explore the connection between moral imagination and positive ethical deviance in firms that, from their inception, display positive deviance from established ethical industry norms. Our analysis identifies firms that do not deviate positively under pressure, or for other externally imposed reasons, but instead those that make a conscious and deliberate choice to adopt new and often radical approaches to ethical issues from the ground up, distinguishing them from standard entrepreneurs in the same industry. This exploration uncovers …