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Imperfect Duties of Management

The Ethical Norm of Managerial Decisions

  • Book
  • © 2019

Overview

Authors:
  1. Richard M. Robinson

    1. Business Administration, SUNY Fredonia, Fredonia, USA

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  • Poses a norm to better grasp the ethical or non-ethical behavior of managers
  • Classifies imperfect managerial duuty into three broad categories
  • Describes a managerial nexus of imperfect duty that makes clear the trade-offs involved

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Introduction: The Nexus of Imperfect Duty and the Ethical Norm

    • Richard M. Robinson
    Pages 1-10

  3. Kant’s Categorical Imperative and Moral Duties

    • Richard M. Robinson
    Pages 11-38

  4. The Nexus of Managerial Imperfect Duty and Its Conceptual Advantages

    • Richard M. Robinson
    Pages 39-64

  5. Relations of Virtue

    • Richard M. Robinson
    Pages 65-88

  6. Reasoned Managerial Discourse

    • Richard M. Robinson
    Pages 89-128

  7. Due Diligence and the Profit Motive: Perfect or Imperfect Duty?

    • Richard M. Robinson
    Pages 129-150

  8. Managers, Virtues, and Dispositions?

    • Richard M. Robinson
    Pages 151-172

  9. Fair Negotiations

    • Richard M. Robinson
    Pages 173-204

  10. Management Perquisites and Imperfect Duty

    • Richard M. Robinson
    Pages 205-222

  11. Back Matter

    Pages 223-241
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Keywords

About this book

This book uses Kant's idea of imperfect duty to extend the theory of the firm. Unlike perfect duty which is contractual or otherwise legally binding, imperfect duty consists of those commitments of choice that pursue some moral value, but that have practical limits to their pursuit. The author presents a broad view of the imperfect duties of management, defined as a nexus of all commitments to do good involving relations internal and external to the firm. This nexus consists of three overlapping categories of (i) building a virtuous managerial community, (ii) pursuing reasoned managerial discourse, and (iii) diligent and reasoned pursuit of the body of routine managerial duties such as capital budgeting and internal controls. Specific applications of the nexus theory for stakeholder relations via fair negotiation, and for analysis of the effects on the managerial team of perquisite consumption are presented.

This book has major implications for research in business ethicsand allows critical insights into managerial decision making.


Reviews

“With his background in economics and finance, Robinson’s conception of the philosophical underpinnings regarding imperfect duty is a valuable and insightful extension to the contracts theory of the firm.  Its relevance to stakeholder and managerial relations are significant and worth consideration.” (Dr. James E. Payne, Provost, Benedictine University, USA)

Authors and Affiliations

  • Business Administration, SUNY Fredonia, Fredonia, USA

    Richard M. Robinson

About the author

Richard M. Robinson is Professor of Business Administration at SUNY Fredonia, USA. His research explores the ethical foundation of managerial behavior.

Bibliographic Information

  • Book Title: Imperfect Duties of Management

  • Book Subtitle: The Ethical Norm of Managerial Decisions

  • Authors: Richard M. Robinson

  • DOI: https://doi.org/10.1007/978-3-319-99792-6

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019

  • Hardcover ISBN: 978-3-319-99791-9Published: 20 October 2018

  • Softcover ISBN: 978-3-030-07634-4Published: 20 December 2018

  • eBook ISBN: 978-3-319-99792-6Published: 08 October 2018

  • Edition Number: 1

  • Number of Pages: XIII, 241

  • Number of Illustrations: 5 b/w illustrations

  • Topics: Business Ethics

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