Why Be Moral? A Different Rationale for Managers

LaRue Tone Hosmer

Business Ethics Quarterly, 1994, vol. 4, issue 2, 191-204

Abstract: It is proposed that mangers have to be moral, have to be concerned about the distribution of benefits and the allocation of harms brought about by their decisions and actions, in order to build trust, commitment, and effort among the stakeholders of the firm. Trust, commitment, and effort on the part of all of the stakeholders are essential for long-term corporate success, given the economic conditions of intense global competition that now exist for the foreseeable future.

Date: 1994
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