Business Ethics, Corporate Good Citizenship by B. Googins, P. Mirvis, S. Rochlin

By B. Googins, P. Mirvis, S. Rochlin

The authors have performed broad examine into the position of industrial in public lifestyles. This e-book takes a practice-oriented examine company citizenship, and makes use of genuine, backstage examples from recognized businesses to teach that for plenty of organisations social accountability is changing into extra built-in into company technique.

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By B. Googins, P. Mirvis, S. Rochlin

The authors have performed broad examine into the position of industrial in public lifestyles. This e-book takes a practice-oriented examine company citizenship, and makes use of genuine, backstage examples from recognized businesses to teach that for plenty of organisations social accountability is changing into extra built-in into company technique.

Show description

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First, self-interest can certainly be said to be natural, rational and legitimate, but is not moral or morally neutral - as Alberoni and Veca (1988) put it more forcefully, 'egoism is, by definition, immoral'. And second, the 'invisible hand' operation - in which individuals in pursuing their own interests unintentionally and unknowingly promote the public interest or social good, as if led by an invisible hand implicitly neglects or ignores individuals' true intentions, with the best possible social outcome resulting, in fact, as an unintended, unconscious and involuntary, albeit desirable if somewhat miraculous, consequence of individual behaviour.

Moreover, human economic activity motivated by self-interest is not moral behaviour. And it is certainly not moral behaviour when individuals, in pursuing their own material self-interest, unintentionally and unknowingly promote the public interest, as if led by an 'invisible hand'. For individual behaviour can only be moral when the individual is responsible for his own action, and indeed the individual's intentions critically determine the morality of the act, and cannot hence be dismissed or ignored in a (moral) evaluation of individual conduct.

But it is not a moral result, for two fundamental reasons. First, self-interest can certainly be said to be natural, rational and legitimate, but is not moral or morally neutral - as Alberoni and Veca (1988) put it more forcefully, 'egoism is, by definition, immoral'. And second, the 'invisible hand' operation - in which individuals in pursuing their own interests unintentionally and unknowingly promote the public interest or social good, as if led by an invisible hand implicitly neglects or ignores individuals' true intentions, with the best possible social outcome resulting, in fact, as an unintended, unconscious and involuntary, albeit desirable if somewhat miraculous, consequence of individual behaviour.

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