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- Title
The Internal Morality of the Corporation.
- Authors
Newton, Lisa H.
- Abstract
Is good morality the natural outcome of profitable business practices? The thesis explored here is one version of the recent literature on corporate culture, typified by the bestselling In Search of Excellence - that the corporation that creates a strong culture, one that best serves the customer, the product, and the employee, must also be profitable. The thesis turns out to have an historical parallel in Plato's Republic (subs titled, I suppose, "In Search of Justice"). Parallel "virtues" can be worked out for state and corporation. In the end, profitability turns out not to be a necessary consequence of excellence, just as Plato's "Ideal" state turned out to be mortal.
- Subjects
BUSINESS ethics; PROFIT; CORPORATE culture; SOCIOLOGY of corporations; CORPORATE image; QUALITY standards; MANAGEMENT styles; VALUES (Ethics); IN Search of Excellence: Lessons From America's Best-Run Companies (Book); REPUBLIC, The (Book : Plato); PLATO, 428-347 B.C.; FULLER, Lon L.; CORPORATE public relations; MANAGEMENT ethics; PROFESSIONAL ethics -- Law &; legislation; INDUSTRIAL management ethics; ETHICS; AWARDS; MANAGEMENT
- Publication
Journal of Business Ethics, 1986, Vol 5, Issue 3, p249
- ISSN
0167-4544
- Publication type
Article
- DOI
10.1007/BF00383633