Business Ethics in the 21st Century

1. Front Matter

   Pages i-xvii

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2. Economic Issues in Business Ethics

   1. Front Matter

      Pages 1-1

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   2. Fair Markets Revisited

      • Norman E. Bowie

      Pages 3-16

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   3. What’s Wrong with Efficiency and Always Low Prices

      • Norman E. Bowie

      Pages 17-30

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   4. Economics, Friend or Foe of Ethics

      • Norman E. Bowie

      Pages 31-44

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3. Philosophical Issues in Business

   1. Front Matter

      Pages 45-45

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   2. Kantian Themes

      • Norman E. Bowie

      Pages 47-71

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   3. Limitations of the Pragmatist Approach to Business Ethics

      • Norman E. Bowie

      Pages 73-88

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4. International Issues in Business Ethics

   1. Front Matter

      Pages 89-89

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   2. Varieties of Corporate Social Responsibility

      • Norman E. Bowie

      Pages 91-112

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   3. Constructing the Universal Norms of International Business

      • Norman E. Bowie

      Pages 113-128

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5. Specific Business Ethics Issues

   1. Front Matter

      Pages 129-129

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   2. Morality, Money, and Motor Cars Revisited

      • Norman E. Bowie

      Pages 131-146

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   3. Ethics in Financial Services: Systems and Individuals

      • Norman E. Bowie

      Pages 147-164

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   4. Stakeholder Board Representation as a Means of Governance

      • Norman E. Bowie

      Pages 165-181

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   5. Organizational Integrity and Moral Climates

      • Norman E. Bowie

      Pages 183-205

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6. Teaching Business Ethics

   1. Front Matter

      Pages 207-207

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   2. Crucial Decisions for the Teaching of Business Ethics

      • Norman E. Bowie

      Pages 209-223

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7. Back Matter

   Pages 225-235

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This work provides a critical look at business practice in the early 21st century and suggests changes that are both practical and normatively superior. Several chapters present a reflection on business ethics from a societal or macro-organizational point of view. It makes a case for the economic and moral superiority of the sustainability capitalism of the European Union over the finance-based model of the United States. Most major themes in business ethics are covered and some new ones are introduced, including the topic of the right way to teach business ethics. The general approach adopted in this volume is Kantian. Alternative approaches are critically evaluated.

• Business Ethics and the Law
• Business Responsibility
• CSR
• Conflicts of Interest
• Corporate Social Responsibility
• Economic Issues in Business Ethics
• Finance Based Capitalism
• Financial Crisis
• International Themes
• Kantian Business Ethics
• Kantian Perspectives
• Management Ethics
• Organizational Integrity
• Organizational Integrity and Moral Climates
• Pragmatic Approaches
• Stakeholder Theory
• Statistical Discrimination
• Sustainability form of Capitalism
• Teaching Business Ethics
• Varieties of Social Responsibility

• SMO, Carlson School of Management, Minneapolis, USA

  Norman Bowie

​Norman E. Bowie is the former Elmer L Andersen Chair in Corporate Responsibility at the University of Minnesota. He has authored or edited 16 books and over 75 articles. Professor Bowie is the leading scholar in the application of Kant's moral philosophy to business. His book on that topic is Business Ethics: A Kantian Perspective and has been translated into Chinese and Japanese. His co-edited text Ethical Theory and Business is in the 9th edition. He has held a position as Dixons Professor of Business Ethics and Social Responsibility at the London Business School and been a fellow at Harvard's Program in Ethics and the Professions. He is past president of the Society for Business Ethics, the American Society for Value Inquiry and is past Executive Director of the American Philosophical Association. He is the former Associate Editor of Business Ethics Quarterly In August 2009 he received the first life time  achievement award in scholarship present by the Society for Business Ethics. In 2012 a feschrift Kantian Business Ethics honoring his work was published by Edward Elgar

Policies and ethics