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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
16
| POLITICS, ETHICS AND SOCIAL RESPONSIBILITY OF BUSINESS
3.3.3 COMPENSATORY JUSTICE
This concerns the just way of compensating people for what they lost when they were wronged by others.
A just compensation is one that is in some sense proportional to the loss suffered by the person being
compensated. The payment of compensation seeks to restore the moral equilibrium which gets upset by an
accident or a wrong done. Compensatory justice is also non-comparative.
Retributive and compensatory justices are subject matter of law, distributive justice is concerned with
‘just distribution’ of resources for different interest groups, whether in the context of a nation or stakeholders
in an organisation.
3.4 RAWLS’ THEORY OF JUSTICE ...
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Publisher Resources

ISBN: 9789332506497