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THE MORAL RESPONSIBILITY OF FIRMS

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THE MORAL RESPONSIBILITY OF FIRMS
Author: ERIC W. ORTS
ISBN: 9780198857051
Publisher: OXFORD UNIVERSITY PRESS U.K
Category: BUSINESS | BUSINESS MANAGEMENT
Series:
Level: None
BookCover: Paperback
Number Of Pages: 231
Volume Number 0
Number Of Volumes 0
Edition No: 1

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Description

/Individuals are generally considered morally responsible for their actions. Who or what is responsible when those individuals become part of business organizations? Can we correctly ascribe moral responsibility to the organization itself? If so, what are the grounds for this claim and to what extent do the individuals also remain morally responsible? If not, does moral responsibility fall entirely to specific individuals within the organization and can they be
readily identified?

A perennial question in business ethics has concerned the extent to which business organizations can be correctly said to have moral responsibilities and obligations. In philosophical terms, this is a question of “corporate moral agency.” Whether firms can be said to be moral agents and have the capacity for moral responsibility has significant practical consequences. In most legal systems in the world, business firms are recognized as “persons” with the ability to own property, to maintain and
defend lawsu

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