Stakeholder Theory and Organizational Ethics

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Chapter 3Why Organizational Ethics?⁵⁵

The fault of methodological hierarchies is not unlike the fault of political and social ones: they lead to a distortion of vision with a consequent misdirection of effort.

—JOHN RAWLS⁵⁶

The reasons Aristotle gave for saying that politics is the culmination of ethics are today reasons for saying that business ethics is the culmination of ethics.

—EDWIN HARTMAN⁵⁷

Organizations need an ethics of their own, distinct from both political theory and moral philosophy.^a I am not the first to discern something distinctive about organizations, something that calls for a distinct moral framework.⁵⁸ However, theories ...