scholarly journals American Cronyism: How Executive Networks Inflated the Corporate Bubble

Contexts ◽  
2003 ◽  
Vol 2 (3) ◽  
pp. 34-40 ◽  
Author(s):  
Gerald F. Davis
Keyword(s):  
Shareholder Value ◽  
American Business ◽  
Business Practices ◽  
Corporate Executives ◽  
The Creation

“Shareholder value” was the sacred mantra of American business in the 1990s. But creating shareholder value can be a fickle undertaking and corporate executives often followed the lead of their colleagues. The result was a contagion of questionable business practices that resulted in the creation of a corporate bubble—and its implosion.

scholarly journals Business Ethics and Ethics Education in American Business Programs

Competitio ◽  
2008 ◽  
Vol 7 (2) ◽  
pp. 195-200
Author(s):  
John D. Keiser
Keyword(s):  
Business Ethics ◽  
Ethics Education ◽  
Business Students ◽  
Jel Classification ◽  
American Business ◽  
Business Practices ◽  
Teaching Ethics ◽  
Ethical Business ◽  
Business Programs ◽  
The Difference

This essay presents an overview of what American business programs cover in their curricula regarding ethics and the reasons behind teaching ethics-related material to business students. Topics for the paperinclude; requirements for having ethics in the curricula, broad perspectives of what constitutes ethical business practices, and the difference between professional ethics and business ethics. Journal of Economic Literature (JEL) classification: M14, A20

scholarly journals Mutuality and Concepts of Responsible Business

2021 ◽  
pp. 87-97
Author(s):  
Alastair Colin-Jones ◽  
Sudhir Rama Murthy
Keyword(s):  
Problem Solving ◽  
Stakeholder Theory ◽  
Shareholder Value ◽  
Significant Shift ◽  
Business Practices ◽  
Paradigm Shifts ◽  
Boundaries Of The Firm ◽  
Contractual Arrangements ◽  
Ownership Rights

Chapter 6 places Economics of Mutuality in the context of a wider set of responsible business concepts, such as stakeholder theory. It considers whether these ideas represent fundamental ‘paradigm’ shifts in business or whether they are essentially modifications of existing theories It concludes that stakeholder theory was a significant shift away from shareholder-centric views of the firm, and, in line with stakeholder theory, Economics of Mutuality places corporate purposes other than shareholder value at the heart of the firm and derives business practices on the basis of that. But it differs from stakeholder theories in emphasizing the importance of relations with stakeholders in delivering corporate purposes not the interests of stakeholders themselves. It also differs from existing models in looking at the boundaries of the firm beyond traditional ownership rights and contractual arrangements. It is therefore a problem-solving view of the firm as against a financially or stakeholder-driven concept that embraces shareholders and stakeholders but does not put corporate purpose at the heart of either of them.

Hybrid Organization in the Church: Hybrid Church as a Strategy for Public Engagement

2021 ◽  
Vol 15 (4) ◽  
pp. 554-574
Author(s):  
Richard Wilson
Keyword(s):  
Public Space ◽  
Public Engagement ◽  
Public Discourse ◽  
Public Spaces ◽  
Business Practices ◽  
Hybrid Organization ◽  
Local Business ◽  
The Creation ◽  
The Church

Abstract Hybrid churches adopt some local business practices and identities in order to create a place and role in secular public space for a public engagement.1 They use hospitality and embassy to challenge the basis of public engagement, discourse, objectives and goals. Hybrid organization alongside hospitality and embassy enables the creation of alternative public spaces in which engagement and discourse may take place according to an alternative communicative base to conventional public discourse, intentionally to critique secular conventions of public presence and discourse.

Skyscrapers and Tall Buildings

2018 ◽  
Author(s):  
Elihu Rubin
Keyword(s):  
Tall Buildings ◽  
Tall Building ◽  
Public Image ◽  
Land Values ◽  
American Business ◽  
Business Practices ◽  
Economic Activities ◽  
Curtain Wall ◽  
Regulatory Frameworks ◽  
Business District

The tall building—the most popular and conspicuous emblem of the modern American city—stands as an index of economic activity, civic aspirations, and urban development. Enmeshed in the history of American business practices and the maturation of corporate capitalism, the skyscraper is also a cultural icon that performs genuine symbolic functions. Viewed individually or arrayed in a “skyline,” there may be a tendency to focus on the tall building’s spectacular or superlative aspects. Their patrons have searched for the architectural symbols that would project a positive public image, yet the height and massing of skyscrapers were determined as much by prosaic financial calculations as by symbolic pretense. Historically, the production of tall buildings was linked to the broader flux of economic cycles, access to capital, land values, and regulatory frameworks that curbed the self-interests of individual builders in favor of public goods such as light and air. The tall building looms large for urban geographers seeking to chart the shifting terrain of the business district and for social historians of the city who examine the skyscraper’s gendered spaces and labor relations. If tall buildings provide one index of the urban and regional economy, they are also economic activities in and of themselves and thus linked to the growth of professions required to plan, finance, design, construct, market, and manage these mammoth collective objects—and all have vied for control over the ultimate result. Practitioners have debated the tall building’s external expression as the design challenge of the façade became more acute with the advent of the curtain wall attached to a steel frame, eventually dematerializing entirely into sheets of reflective glass. The tall building also reflects prevailing paradigms in urban design, from the retail arcades of 19th-century skyscrapers to the blank plazas of postwar corporate modernism.

The Prospects for Enlightened Corporate Leadership

2019 ◽  
Vol 61 (3) ◽  
pp. 72-92 ◽  
Author(s):  
James O’Toole
Keyword(s):  
Social Entrepreneurship ◽  
Historical Record ◽  
Business Leaders ◽  
Recent Book ◽  
Business Practices ◽  
Corporate Leadership ◽  
Business Leadership ◽  
Corporate Executives ◽  
Benefit Corporations ◽  
New Generation

In his recent book, The Enlightened Capitalists, James O’Toole explores the challenges faced by two centuries of business pioneers who tried to do well by doing good. While many of their firms were financially successful, few of their progressive business practices turned out to be enduring. In light of this mixed historical record, this article explores the future of enlightened business leadership. It critically evaluates six trends that will greatly determine the extent to which corporate executives will introduce virtuous practices in the coming decade, including a new generation of enlightened capitalists, several consortia of socially progressive business leaders, the growth of social entrepreneurship, the emergence of benefit corporations, and changes in investor attitudes.

International Business Ethics

1994 ◽  
Vol 4 (1) ◽  
pp. 1-9 ◽  
Author(s):  
Richard T. De George
Keyword(s):  
Business Ethics ◽  
International Business ◽  
International Economic Order ◽  
The United States ◽  
American Business ◽  
Business Practices ◽  
Ozone Level ◽  
Global Issues ◽  
International Business Ethics ◽  
Ethical Norms

International business ethics, as the term implies, cannot be national in character, anymore than international law can be national in character. Yet the analogy to law is as misleading as it is enlightening. For although we can speak of American, German or Japanese law, it is odd to speak of American, German or Japanese ethics. The reason is that ethics is usually thought to be universal. Hence there is simply ethics, not national ethics. Despite this, there is a sense that can be given to American business ethics or German business ethics. American business ethics does not refer to American as opposed to German ethics, but rather to the approach taken by those who do business ethics in the United States. What characterizes the American approach is not that it uses a special ethics or a national ethics, but that it is concerned with certain problems that are embedded in the American socio-economic-political system and faced by American business. German or Japanese business ethics differs from American business ethics in the cases and topics it deals with, in the different set of background institutions it takes for granted or investigates, and in the different culture, history, and social setting in which business operates.The same is true of what is often called international business ethics insofar as we can distinguish American, German, Japanese approaches to it. International business ethics might refer simply to the comparison of business practices and their ethical evaluation in different countries; it might investigate whether there are in fact ethical norms commonly recognized in all countries that should govern international business and economic transactions, and if there are variations in ethical norms, whether multinational firms are bound by the ethical norms of their mother country, by the ethical norms of their host countries, by either, by both, or by neither. International business ethics might involve broad issues about the economic inequality of nations, the justice of the present international economic order, the ethical status and justifiability of such organizations as the World Bank and the International Monetary Fund and of their structures and practices, as well as the ethical dimensions of international debt, and the claimed economic dependence of some countries on others, or such global issues as the role of industry in the depletion of the ozone level.

Sign in / Sign up

Export Citation Format

Share Document