Ties That Bind: A Social Contracts Approach to Business Ethics

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9780875847276: Ties That Bind: A Social Contracts Approach to Business Ethics

This text offers a method for untangling the ethical dilemmas that arise through business transactions, regardless of culture or context. It also demonstrates how empirical descriptions and normative evaluations of business policies must cooperate to inform sound business decisions. Examples are used to support the author's points, featuring companies such as AT&T, Levi-Strauss and Royal Dutch/Shell.

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"Ties That Bind explores interesting concepts that should help the business community make the global economy function more ethically, and thereby contribute to the ultimate goal of creating a prosperous, just, and sustainable world for all people." -Winston R. Wallin, Chairman, CAUX Round Table

"Donaldson and Dunfee provide a compelling framework in which one can realistically evaluate the ethical dilemmas that businesses face. Their unified yet flexible approach establishes consistent behavioral guideposts for difficult situations." -Dr. Peter Linneman, Senior Managing Director, Equity International Properties, Ltd.

"Ties That Bind elevates Integrative Social Contracts Theory to the ranks of major achievements in moral philosophy. Merging philosophical concepts and practical realities, Donaldson and Dunfee significantly enhance the literature of both business and ethics. This book is a must read for all scholars, students, and practitioners interested in business ethics." -Thomas M. Jones, Professor of Management and Organization, University of Washington

"Donaldson and Dunfee have written a stand-out book. Ties That Bind is not only a powerful scholarly work with enormous implications for future research, but one that thoughtful managers will be able to translate into action." -Linda K. Trevio, Professor of Organizational Behavior, Smeal College of Business Administration, The Pennsylvania State University

About the Author:

Thomas Donaldson is the Mark O. Winkelman Professor of Legal Studies and Director of the Wharton Ethics Program at The Wharton School, University of Pennsylvania. Thomas W. Dunfee is the Joseph Kolodny Professor of Social Responsibility in Business; Professor of Legal Studies and Marketing; and Director of the Zicklin Center for Business Ethics Research at The Wharton School, University of Pennsylvania.

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