A Theoretical Ground for the Practice of Business Ethics: A Commentary

Peter Madsen

Business Ethics Quarterly, 1995, vol. 5, issue 3, 451-462

Abstract: In the second half of 1993, two articles — one then published and one as yet to be published — posed challenges to my presuppositions about the nature of business ethics. The first of these was Andrew Stark’s “What’s the Matter with Business Ethics?” This article is now well-known in business ethics circles with many being highly critical of its philosophical content and Stark already having had some opportunity to reply to these critics. According to him, business ethics as it has developed in the literature and in academia is irrelevant to most practicing managers since what has been produced in the academy is too general, too theoretical and too impractical. No doubt there will be more said about and by Stark on whether academic business ethics can fit into the practical work world of corporate managers. For my part, I suggest that while Stark’s critique of business ethics contains some flawed understanding and analysis, it is a critique that nonetheless needs to be taken seriously by those who wish to see business ethics flourish in the corporation. I will have some more to say about Stark’s position later in this commentary.

Date: 1995
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