1st Edition

Ethics and Economic Affairs

Edited By Alan Lewis, Karl-Erik Wärneryd Copyright 1994
    416 Pages
    by Routledge

    416 Pages
    by Routledge

    There has been a remarkable growth of interest in the ethical dimension of economic affairs. Whilst the interest in business ethics has been long-standing, it has been given renewed emphasis by high profile scandals in the world of business and finance. At the same time many economists, dissatisfied with the discipline's emphasis on self-interest and individualism, and by the asocial nature of much economic theory, have sought to enlarge the scope of economics by looking at ethical questions.
    In this volume a group of interdisciplinary scholars provide contributions which include evaluations of work in business ethics, empirical studies of such issues as social and ethical investing, the place of ethics in the new economics and perspectives from other disciplines.

    1 The longstanding interest in business ethics: An introduction Part I Business ethics and management 2 Exit or voice? Lessons from companies in South Africa 3 Moral and ethical dimensions of managing a multinational Business 4 Management by ethics: A new paradigm and model for corporate ethics 5 Moralization as a link between idealism and naturalism in the ethical discourse 6 Social responsibility in the human firm: Towards a new theory of the firm’s external relationships Part II Case, questionnaire and experimental studies 7 Fairness in consumer pricing 8 Social and ethical investing: Beliefs, preferences and the willingness to sacrifice financial return 9 Ethical issues in the world of finance: Two empirical studies 10 Ethical regulation of economic transactions: Solidarity frame versus gain-maximization frame Part III A new economics? 11 Ethics, ideological commitment and social change: Institutionalism as an alternative to neoclassical theory 12 Interpersonal relations: A disregarded theme in the debate on ethics and economics 13 Economy and ethics in functionally differentiated societies: History and present problems 14 Social ownership: A comparison of the property rights, social choice and economic justice approaches Part IV Interdisciplinary perspectives 15 Niklas Luhmann’s sociology of the economic system: Some moral implications 16 Ideology and morality in economics theory 17 Politics, public choice and ethical progress18 Economics and the Enlightenment: Then and now 19 Endpiece

    Biography

    Alan Lewis is Director of the Centre of Economic Psychology at the University of Bath. He has published a number of books on economic psychology. Karl-Erik Wärneryd is Professor Emeritus of Economic Psychology at the Stockholm School of Economics, Sweden. He has extensive research experience both in his native Sweden and abroad. He is the author of various publications on the subject.