How Virtuous is Your Firm? A Checklist
Friedman, H. H. & Weiser Friedman, L.(2009). How Virtuous is Your Firm? A Checklist. JBO - Electronic Journal of Business Ethics and Organization Studies, Vol. 14 (1). Retrieved from http://ejbo.jyu.fi
Date
2009Scholars are noting a change in the
way business is being conducted.
Many firms --one scholar estimates
the number at 15%-- are concerned
about values rather than focusing
exclusively on maximizing profits.
This new kind of capitalism considers
factors such as societal needs,
quality, needs of employees, and
environmental sustainability in business
decision making. In addition, a
large number of consumers (approximately
70 million Americans), known
as values-driven consumers, prefer
doing business with companies that
have values. This paper provides a
checklist that can be used by firms
to determine whether or not they
are indeed virtuous; if they are not,
the authors provide reasons why
they should change.
Publisher
Business and Organization Ethics Network (BON)ISSN Search the Publication Forum
1239-2685Keywords