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Sustainability, Stakeholder Perspective And Corporate Success: A Paradigm Shift, Eunsup Daniel Shim Oct 2014

Sustainability, Stakeholder Perspective And Corporate Success: A Paradigm Shift, Eunsup Daniel Shim

WCBT Faculty Publications

In this paper, I argue that the corporation can ‘do well by doing good’ in the long run if they take the stakeholder perspective. Corporations narrowly focused on short-term profits, can make business decisions that could be detrimental to long-run sustainability. For example, firms might not be making enough investments in Research and Development, producing potentially harmful products, and might not pay enough attention to their corporate image. The stakeholder perspective promotes ethical business decision-making and focuses on long-run sustainability by emphasizing a stable customer base, employee well-being, a better corporate image, and corporate social responsibility. Ethical decision-making includes a …


Capital In The Twenty-First Century: A Tale Without Morality, Bruce D. Baker Jul 2014

Capital In The Twenty-First Century: A Tale Without Morality, Bruce D. Baker

SPU Works

Thomas Piketty has given economists a lot to argue about, but their arguments miss the point of the book’s success. “Capital in the Twenty-First Century” is not a bestseller based on its economic merits. It’s a bestseller because it speaks to a deep moral anxiety. Confidence in capitalism has been shaken. The crisis of 2008 exposed weaknesses in the financialization of our economy. Piketty makes a valiant contribution to economic theory and history, but his empiricism succumbs ultimately to the same flaw John Paul II diagnosed in Marxism—it leads to an incoherent statement of moral order.


Implementing Liberal Management Education Through The Lens Of The Other, Thomas Estad, Stefano Harney, Howard Thomas May 2014

Implementing Liberal Management Education Through The Lens Of The Other, Thomas Estad, Stefano Harney, Howard Thomas

Research Collection Lee Kong Chian School Of Business

The purpose of this paper is to explore the prerequisite conditions for implementing a liberal management education and for fostering ethical students using examples from the core curriculum at Singapore Management University (SMU). Beginning with a reading of the Carnegie Foundation's Rethinking Undergraduate Business Education: liberal learning for the professions (2011), the paper examines the contribution and limits of the findings and recommendations before discussing the place of the liberal arts in the modern university and describing a case study of liberal management education in process at SMU. It concludes with a reading of the work of Emmanuel Levinas and …


Manager's Toolbox: Ethics And Values, Ratan Tata, Philip C. Zerrillo May 2014

Manager's Toolbox: Ethics And Values, Ratan Tata, Philip C. Zerrillo

Asian Management Insights

Ratan Tata zeros in on ethics and values as part of the science of management, and India's current economic journey, in this interview with Philip Zerrillo.


Withstanding Moral Disengagement: Attachment Security As An Ethical Intervention, Dolly Chugh, Mary C. Kern, Zhu Zhu, Sujin Lee Mar 2014

Withstanding Moral Disengagement: Attachment Security As An Ethical Intervention, Dolly Chugh, Mary C. Kern, Zhu Zhu, Sujin Lee

Department of Management Faculty Scholarship and Creative Works

We propose an ethical intervention leading to improved ethical decision-making. Moral disengagement has long been related to unethical decision-making. We test an ethical intervention in which this relationship is broken. Our ethical intervention consisted of priming individuals to be securely-attached, in which they recalled a past instance of relational support and acceptance. We predicted and found an interaction between attachment state and moral disengagement, in which individuals primed with attachment security were able to withstand moral disengagement. In Study 1, we demonstrate that the securely attached behave more ethically than the anxiously attached in an achievement context. In Study 2, …


What Is The Role Of Business Educators In Preparing Future Leaders, Maureen L. Mackenzie Ph.D. Mar 2014

What Is The Role Of Business Educators In Preparing Future Leaders, Maureen L. Mackenzie Ph.D.

Faculty Works: Business (1973-2022)

The purpose of the study is to gain insight from experienced and practicing industry leaders, experts in the field of corporate ethics, and philosophy/ethics scholars, as to the value of a business ethics education. Specifically, what are the desired learning outcomes of a business ethics course, as it relates to knowledge, skill and disposition?


Shortcomings Of Investior-Based Ratings Of Corporate Reputation: An Exploratory Empirical Study That Shows A Variety Of Stakeholder Groups Place Greater Emphasis On Corporate Ethics Than Profits., Kent Walker Dr., Bruno Dyck Dr. Jan 2014

Shortcomings Of Investior-Based Ratings Of Corporate Reputation: An Exploratory Empirical Study That Shows A Variety Of Stakeholder Groups Place Greater Emphasis On Corporate Ethics Than Profits., Kent Walker Dr., Bruno Dyck Dr.

Odette School of Business Publications

We examine three assumptions commonly held in the corporate reputation literature: i) reputation ratings of owners and investors are generally representative of all stakeholders; ii) stakeholders will generally provide a higher reputation rating to firms that emphasize corporate social responsibility versus firms that do not; and iii) profitability is the primary criterion of importance to all stakeholders when rating a firm’s reputation. Using an exploratory in-class exercise our findings suggest that: i) there are significant differences among stakeholder groups in their reputation ratings; ii) firms that emphasize corporate social responsibility are not rated more highly across all stakeholder groups, and …


Welfare Of Non-Traditional Pets, Catherine A. Schuppli, David Fraser, H. J. Bacon Jan 2014

Welfare Of Non-Traditional Pets, Catherine A. Schuppli, David Fraser, H. J. Bacon

Wild and Exotic Animals as Pets Collection

The keeping of non-traditional or ‘exotic’ pets has been growing in popularity worldwide. In addition to the typical welfare challenges of keeping more traditional pet species like dogs and cats, ensuring the welfare of non-traditional pets is complicated by factors such as lack of knowledge, difficulties meeting requirements in the home and where and how animals are obtained. This paper uses examples of different species to highlight three major welfare concerns: ensuring that pets under our care i) function well biologically, ii) are free from negative psychological states and able to experience normal pleasures, and iii) lead reasonably natural lives. …


A Moral Debate: The Responsibility Of Human Resource Professionals In The Implementation Of A Code Of Ethics, Erika Felty Jan 2014

A Moral Debate: The Responsibility Of Human Resource Professionals In The Implementation Of A Code Of Ethics, Erika Felty

Senior Honors Theses

The overarching idea of this thesis is that human resource professionals have a responsibility to oversee a code of ethics that governs employee behavior within an organization. Although the development and implementation of such a code is a collaborative effort between stakeholders, human resource managers bring value to a code through factors such as training and communication. Initially, one must define ethics and a code of ethics, in order to better understand the creation, management, and implementation of the code. Recent ethical situations in the world today, such as Enron and TI Instruments, establish and exemplify the purpose and overall …


Understanding The Competitive Environment Of Nonprofit Organizations: A Resource-Advantage Theory Approach, Omer Topaloglu, Robert E. Mcdonald Jan 2014

Understanding The Competitive Environment Of Nonprofit Organizations: A Resource-Advantage Theory Approach, Omer Topaloglu, Robert E. Mcdonald

Association of Marketing Theory and Practice Proceedings 2014

Competition in the nonprofit sector has dramatically intensified in the past two decades as a result of the increased number of nonprofit organizations (NPOs), decreased and diffused governmental support, and entry of for-profit companies into markets that are traditionally the domain of nonprofits. In an attempt to enhance the understanding of the nonprofit competition, the authors adapt a general theory of competition to commercial nonprofits, those that generate external benefits by commercial activities. Applying resource-advantage (R-A) theory, a dynamic theory of competition adapted from the business literature, we discuss how these entities can leverage their various resources in order to …


Influence Of Relationship Marketing Underpinnings On Egyptian Hotel Customer's Satisfaction And Loyalty, Ahmed I. Ghoneim, Amira S. Ahmed Jan 2014

Influence Of Relationship Marketing Underpinnings On Egyptian Hotel Customer's Satisfaction And Loyalty, Ahmed I. Ghoneim, Amira S. Ahmed

Association of Marketing Theory and Practice Proceedings 2014

This study seeks to examine relationship marketing as influenced by service provider's attributes and resulting in customer's satisfaction and loyalty within the Egyptian hotel industry. A conceptual model linking service provider's attributes to relationship marketing underpinnings and the latter to relational outcomes defined as customer's satisfaction and loyalty, was tested using structural equation modeling (SEM) on a sample of 279 hotel customers in Sharm El-Sheikh, Egypt. The results showed that service provider's competency significantly influences relationship marketing underpinnings. On the other hand, the influence of service provider's appearance on customer's perception of commitment and conflict is not supported. Further, relationship …