Virtue Theory as a Dynamic Theory of Business

被引:0
作者
Surendra Arjoon
机构
[1] The University of the West Indies,Department of Management Studies
来源
Journal of Business Ethics | 2000年 / 28卷
关键词
common good; corporate social responsibility; dynamic economy; ethical leadership; sustainable competitive advantage; virtue theory;
D O I
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中图分类号
学科分类号
摘要
This paper develops a meta-theory of business based on virtue theory which links the concept of virtues, the common good, and the dynamic economy into a unifying and comprehensive theory of business. Traditional theories and models of business have outlived their usefulness as they are unable to adequately explain social reality. Virtue theory shows firms that pursue ethically-driven strategies can realise a greater profit potential than those firms who currently use profit-driven strategies. The theory expounds that the business of business is ethical business and that the crises that business and society face today are crises of leadership and ethics. The issues of leadership and corporate social responsibility are discussed in the context of the proposed theory.
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页码:159 / 178
页数:19
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