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Full-Text Articles in Business Law, Public Responsibility, and Ethics
Simplicity And Sustainability: Pointers From Ethics And Science, Mehrdad Massoudi, Ashwin Vaidya
Simplicity And Sustainability: Pointers From Ethics And Science, Mehrdad Massoudi, Ashwin Vaidya
Department of Mathematics Facuty Scholarship and Creative Works
In this paper, we explore the notion of simplicity. We use definitions of simplicity proposed by philosophers, scientists, and economists. In an age when the rapidly growing human population faces an equally rapidly declining energy/material resources, there is an urgent need to consider various notions of simplicity, collective and individual, which we believe to be a sensible path to restore our planet to a reasonable state of health. Following the logic of mathematicians and physicists, we suggest that simplicity can be related to sustainability. Our efforts must therefore not be spent so much in pursuit of growth but in achieving …
Preparing Millennials As Digital Citizens And Socially And Environmentally Responsible Business Professionals In A Socially Irresponsible Climate, Barbara Burgess-Wilkerson, Clovia Hamilton, Chlotia Garrison, Keith Robbins
Preparing Millennials As Digital Citizens And Socially And Environmentally Responsible Business Professionals In A Socially Irresponsible Climate, Barbara Burgess-Wilkerson, Clovia Hamilton, Chlotia Garrison, Keith Robbins
Winthrop Faculty and Staff Publications
No abstract provided.
Accountable To Whom? Rethinking The Role Of Corporations In Political Csr, Jeffrey Moriarty, Waheed Hussain
Accountable To Whom? Rethinking The Role Of Corporations In Political Csr, Jeffrey Moriarty, Waheed Hussain
Philosophy Faculty Publications
According to Palazzo and Scherer, the changing role of business corporations in society requires that we take new measures to integrate these organizations into society-wide processes of democratic governance. We argue that their model of integration has a fundamental problem. Instead of treating business corporations as agents that must be held accountable to the democratic reasoning of affected parties, it treats corporations as agents who can hold others accountable. In our terminology, it treats business corporations as “supervising authorities” rather than “functionaries.” The result is that Palazzo and Scherer’s model does not actually address the democratic deficit that it is …
Risky Pay And The Financial Crisis: Who's Responsible?, Jeffrey Moriarty
Risky Pay And The Financial Crisis: Who's Responsible?, Jeffrey Moriarty
Philosophy Faculty Publications
According to an existing “environmental” narrative, the financial crisis of 2007-2009 was due in part to executive compensation packages in the financial services industry that incentivized excessive risk-taking. Also according to this narrative, those who have a duty to protect society – principally, government regulators, but also firms themselves – are open to blame for how executives were paid, and must take steps to change executive compensation. This narrative is important but incomplete. I offer a supplementary “agential” narrative. According to this narrative, executives are open to blame for the financial crisis for taking socially excessive risks. Moreover, since executives …
Against Pay Secrecy, Jeffrey Moriarty
Against Pay Secrecy, Jeffrey Moriarty
Philosophy Faculty Publications
Many firms keep pay secret. They do not make information about what their employees are paid available inside or outside of the firm, i.e., to other employees or to the public at large. Indeed, many firms discourage their employees from, or sanction them for, disclosing their pay. Against this, I argue that there are good moral reasons for firms to be transparent about pay. Pay transparency prevents injustice, promotes autonomy, and increases efficiency. After presenting the positive case for pay transparency, I defend it against objections, including the most common reasons firms give for keeping pay secret.