Leadership and Business Ethics

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This book offers new and challenging approaches to business ethics that successfully link theory and practice thereby overcoming lacunae and inadequacies in much of the literature concerning ethics and governance, a theme that recurs with remarkable frequency in the history of business ethics as an academic discipline. This work provides imaginative and innovate proposals for the indispensable coupling of virtue, integrity, and character with global business, finance, and banking. The volume seeks to overcome the marginal status of business ethics in universities, business, and enterprise by demonstrating that virtue ethics is an important step in the direction of an adequate response to the leadership issue. This new edition of a popular work points to new ways of achieving an ever more urgent coalescence of ethics and business. It proposes practical advice and viable suggestions to business people on what is right and wrong in business. The volume makes a vital contribution in the area of education that should serve the ongoing development of top leaders. In the important domain of women in leadership, the volume provides new solutions that break boundaries on the global stage. The work challenges unethical marketing of human images with important implications for citizenship and society. The volume contains creative suggestions for the use of spirituality and human development for the enhancement of business and society. The significantly extended second edition includes an exciting line up of leading academics and practitioners in the audacious hope that something may change for the better in the realms of business and banking.


Author(s): Gabriel Flynn
Series: Issues in Business Ethics, 60
Edition: 2
Publisher: Springer
Year: 2022

Language: English
Pages: 540
City: Cham

Contents
Contributors
Chapter 1: A Framework for Leadership and Ethics in Business and Society
Chapter 2: Leadership, Ethics, and Law: A Response to the Coronavirus Pandemic
Introduction
COVID-19: What Servant Leadership Can Teach
How Pandemics Change History
COVID-19: The Critical Socio-Economic Subtext
COVID-19: An Analysis of the Ethical Issues
Law and COVID-19
Lockdown and Emergency Powers
Maintaining Core Values in Emergency Law
Preservation of Rights: A Balancing Act
Conclusion
Chapter 3: Business Ethics: Europe Versus America
Introduction
Cultural Environments in Europe and America
Business Practices in Business Ethics and CSR
Public Authorities in Fostering Business Ethics and Corporate Social Responsibility
Influence of the Civil Society
Academic Developments
Influence of Cultural and Political Legacy
References
Part I: Individual Level Business Leadership
Chapter 4: Socratic Questions and Aristotelian Answers: A Virtue-Based Approach to Business Ethics
Introduction
Corrupting the Youth
The Dubious Contributions of Socrates
Aristotle’s Response
First Issue: Character and Interests
Second Issue: Ordinary Opinions
Third Issue: Perceiving Correctly
Ethics and Strategy: The Value of Stories
Conclusion
References
Chapter 5: The Virtuous Manager: A Vision for Leadership in Business
Introduction
Ireland’s ‘Celtic Tiger’ Economy: An Introductory Case
Virtue Ethics
Doing Business with Aristotle: Dialogue on Virtue
Personal Responsibility in Business
Compulsive Busyness and Leisure
Conclusion
Chapter 6: People in Business: Context and Character
Introduction: The Good and the Right
Contexts
Response
‘Business Ethics’ Is Just Ethics: The Test
Ethics: Not Dilemma-Solving, But Character-Formation
Virtues: Not Mysterious, and Not Easy
Chapter 7: Inspirational Leadership in Business and Other Domains
Context – Setting the Scene, Outlining the Role, Defining the Opportunity
Conviction – Interpreting the Script and Driving the Performance
Credibility – Pacing the Action, Holding the Audience
Character, Not Just Competence
Educating for Leadership at the Institutional Level
Perspective Not Prescription
Understanding the New Priorities and Expectations
Leadership as a Worthy Calling and Potential Process of Moral Education
Summary
References
Chapter 8: Responsible Leadership Beyond Managerial Rationality: The Necessity of Reconnecting Ethics and Spirituality
The Diagnosis of the Problem: What Are the Obstacles to Leadership?
The Impoverishment of Language
A Second Inhibitory Factor with Respect to Leadership Is the So-Called Disconnection Syndrome
Alienation from the Deeper Self
A Fourth and Last Obstacle to Leadership Is the Manipulation of the Soul
Solution
Beyond Words: Silence and Meditation
Confrontation with Vulnerability and Darkness
Conclusion: The Courage to Act
Chapter 9: Using Discernment to Make Better Business Decisions
Historical Development
Discernment and Leadership
Entering the Decision Process with a Reflective Inner Disposition
Patience in the Discovery of the Underlying Nature of the Decision Issue
Undertaking the Hard and Time-consuming Work of Gathering Information
Reflection and Prayer
Tentative Decisions and Attention to Outcomes
Conclusion
Chapter 10: Moral Imagination and the Strivings for Moral Progress: A Reflection on Richard Rorty
Introduction
Imagination, Innovation, and Leadership
Critique, Responsibility, and Leadership
Moral Awareness, Self Awareness, and Leadership
The Moral Imagination and Applied Ethics
Foucault and the Three-Dimensions of Morality: From Enlightenment to Critique
Enlightenment Is an Activity
Enlightened Morality Needs Courage
Enlightened Morality Is Experimental
Some Pedagogical Implications of Critical Philosophy and Thought
Leadership and Limits
Curriculum Considerations
Conclusion
Part II: Organizational Level Business Leadership
Chapter 11: Ethical and Leadership Challenges by Organizational Culture Type
Part One: OCAI and Its Foundations
Type 1: Clan Culture
Type 2: Hierarchy Culture
Type 3: Adhocracy Culture
Type 4: Market Culture
Part Two: Ethical and Leadership Challenges by OCAI Type
Type 1: Clan Culture
Type 2: Hierarchy Culture
Type 3: Adhocracy Culture
Type 4: Market Culture
Part Three: Issues with OCAI Framework and Directions for Future Research
Conclusion
References
Chapter 12: The Virtuous Triangle: Ethics, Governance and Leadership
The Significance of Leadership for Company Success
The Basis of Governance
Problems with Contemporary Definitions of Governance
CSR and ESG
Sanctions on Breaches
The Shareholder/Stakeholder Tension
The Business Round Table Proposals – A Vapid and Dangerous Suggestion
The Corporate/Controlling Mind Problem
Improving the Standard of Governance and Leadership
Chapter 13: How Losing Soul Leads to Ethical Corruption in Business
The Promise Making Animal
Worthwhile Goals
Cause of the Loss of Soul
Enron as an Example
Qwest SWAPS
How Did We Get Here? The Origin of Capitalism and Its Ethic
Ethics is Taught
What Is the Purpose of Business?
The Professions
Arthur Andersen’s Failure
Chapter 14: Corporate Culture and Organisational Ethics
Introduction
Ethical Values
Professional Codes
Health Care Ethics
Business Ethics
Organisational Structuring
Mission and Values
Conclusion
Chapter 15: Values in the Marketplace: What Is Ethical Retailing?
Why Have Ethical Issues Become Prominent in Retailing at this Time?
What Philosophical/Conceptual Bases Exist for Addressing Ethical Issues in Retailing?
Are Ethical Issues and Concerns Currently Arising in Retailing Addressed by Those Bases?
How Might We Conceptualise Ethics in Retailing?
Customers
Suppliers
Employees
Community Interests
What, Then, Might Constitute Ethical Retailing?
References
Part III: Societal Level Business Leadership
Chapter 16: Embedded Leadership
Introduction
Systems Thinking and Complex (Social) Systems
Complex Adaptive (Social) Systems and Social Constructivism
Cass and Stakeholder Theory
Cass, Stakeholder Theory and Embedded Leadership
Is This a Feminist Model of Leadership?
Complexity Theory, Embedded Leadership and Matrix Management
Conclusion
References
Chapter 17: Corporate Responsibility: The Dark-Side Paradoxes of Success
Strategy Creating Tensions of Opposites
Paradox: The Dark Side of Corporate Responsibility
The Dark Sides of Corporate Responsibility
Short-Term Orientation
An Overly Narrow Focus for Corporate Responsibility
The Rhetoric/Reality Gap
Impacts from the Business Model
CSR as Failed Antidote
Conclusion
References
Chapter 18: The Marketing of Human Images as a Challenge to Ethical Leadership
A Holistic Conception of Marketing
Marketing and Production as Interconnected Domains of Decision
Marketing and the Human Image
The Representation of Women
Healthcare Products
Images of Environmental Use
Communicative Images
The Challenge for Business Leaders
References
Chapter 19: The Calvert Women’s Principles: Catalyst for Promoting Gender Equity and Empowerment of Women in the Workplace
Introduction
Context
Feminization of Poverty
Gender Wage Gap
Barriers to Women’s Career Advancement
Calvert Women’s Principles
Women’s Empowerment Principles
Conclusion
References
Chapter 20: The United Nations Global Compact: What Did It Promise?
The Context for the UNGC
The Proposal of the United Nations
Critics of the Global Compact
What May Be Called Progress? A Growing Consensus on the Moral Values in Global Business!
Is the UN Global Compact the Final Answer?
References
Chapter 21: The Ethics of the Beargarden
Introduction
Ethics Unpacked
The Doctrine of Shareholder Value
Is an Ethical Model of Capitalism Possible?
The 2008 Financial Crisis
Whither Ireland Now?
Future Ethical Challenges
Conclusion
Chapter 22: Public Policy: The Defining Global Parameters of Society and Science
Knowledge Revolution, Policy Challenges, and Management of Change
Governance in Ireland
Civil Governance and Ethical Policy Making
Science and Knowledge Equity
The Human Psyche
Conclusion
Chapter 23: Alternative Business Ethics: A Challenge for Leadership
Section I: Motivation for Ethical Behaviour
Other Motivations
The Business World
Section II: The Business World as an Integral System
The Economic Aspect: ‘Efficiency’
Political Factors
Ideological Support
Section III: An Alternative Business World
Section IV: A Way Forward
The Economic Level
The Political Level
The Cultural and Ideological Level
Leadership
Section V: A Role for Spirituality and Religion
Different Situations, Different Attitudes
Working with Businesspeople
Frameworks for Change
Conclusion
Chapter 24: Implementing Corporate Social Responsibility Initiatives – A Change Approach
Introduction
Change Implementation Strategies
Being Ethical and Authentic
Internal Context: Preparation and Analysis
Develop a Context-Sensitive Change Approach
Stakeholder Analysis and Partnerships
Implement Measuring Systems
Creating a Shared Change Vision
Final Remarks
References
Chapter 25: Leadership as Stewardship: What Does the Story of the Unjust Steward Have to Say?
Introduction
Agency Theory
Stewardship Theory
Concept of Stewardship
Theology of Stewardship
The Story of the Unjust Steward
Implications for Leadership as Stewardship
Conclusion
References
Chapter 26: Doing the Right Thing: It Is in Our Power to Act and Not to Act
Introduction
The Evolution of Privacy Laws
2006: EU Data Retention Directive
2011: Irish Legislation
2014: ECJ Declares EU Directive Invalid
2015: Irish Supreme Court Judgement in “J.C.” Case
2016: ECJ Adjudicates on National Law Provisions - The “Tele2” Decision
2016–2017: “The Murray Report”
2017 - Proposed Legislation - The Communications (Retention of Data) Bill 2017
The General Data Protection Regulation
What Is Ethics?
Lessons from Legal Ethics
A Constant Balance
Evolving Rights Society
Humanising Data
A Landmark Privacy Case – The Graham Dwyer Judgement (High Court – 2018)
Crime as Human Rights Violations
Making Ethical Judgements
A New Way to Lead
Natural Law Theory
Become Virtuous
The Socially Conscious Leader
Linking Business and Society
The Rise in the Role of a Chief Ethics Officer
A New Social Contract for the Digital Age
Final Reflection
References
Bibliography
Books and Chapters in Books and Government Reports
Journal Articles
Newspapers and Magazines
Conference Speeches
Websites
Unpublished Matter
Additional Bibliography Pertaining to the Second Edition
Additional Bibliography for Chapter 1
Additional Bibliography for Chapter 2
Additional Bibliography for Chapter 5
Additional Bibliography for Chapter 11
Additional Bibliography for Chapter 12
Additional Bibliography for Chapter 16
Additional Bibliography for Chapter 17
Additional Bibliography for Chapter 19
Additional Bibliography for Chapter 20
Additional Bibliography for Chapter 21
Additional Bibliography for Chapter 22
Additional Bibliography for Chapter 24
Additional Bibliography for Chapter 25
Additional Bibliography for Chapter 26
Index