DIVESTMENT: Corporate Conscience and Foreign Divestment Decisions

Alan E Singer
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Alan E Singer: University of Canterbury, New Zealand

Chapter 17 in Integrating Ethics with Strategy:Selected Papers of Alan E Singer, 2007, pp 312-330 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis chapter is based on “Corporate conscience and foreign divestment decisions,” Journal of Business Ethics 6, pp. 543-552, 1987, by A. E. Singer and N. T. van der Walt. It discusses the notion that the rational-agent frame of reference for the analysis of all types of corporate strategic decision-making might be expanded to a moral-agent perspective, whereby decision content is seen as comprising commercial, strategic and ethical factors. The relevant “factors” in any strategic decision can be classified on the basis of commercial, strategic and ethical decision principles to which they relate: rational-egoism, self-referential altruism or deontology. This approach is illustrated with reference to the paradigm case of strategic divestment: MNCs operating in South Africa, during the era of Apartheid.

Keywords: Business Ethics; Strategy; Management Science; Corporate Social Responsibility; Poverty; Health; Decision Making; Corporate Governance; Global Business (search for similar items in EconPapers)
Date: 2007
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