The philosophy of business considers the fundamental principles that underlie the formation and operation of a
business enterprise; the nature and purpose of a
business, and the
moral obligation
An obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom. People who are under obligations may choose to freely act under obligations. Obligation exists when ther ...
s that pertain to it.
See also
*
Business ethics
*
Theory of the firm
The theory of the firm consists of a number of economic theories that explain and predict the nature of the firm, company, or corporation, including its existence, behaviour, structure, and relationship to the market. Firms are key drivers in ec ...
References
* Drucker, P. (1954) ''The Practice of Management'', HarperBusiness, Reissue edition 1993,
* Fort, Timothy (2001) ''Ethics and Governance: Business as Mediating Institution'', Oxford University Press USA, New York.
* Friedman, M (1962) ''Capitalism and Freedom'', University of Chicago Press, Chicago, 1962
* Hutcheson, F. (1729) ''An Inquiry Concerning Morall Good and Evil'', 1729.
* Kalin, J. (1968) "In defence of egoism", in ''Morality and Rational Self-interest'', edited by
David Gauthier
David Gauthier (; born 10 September 1932) is a Canadian-American philosopher best known for his neo-Hobbesian social contract (contractarian) theory of morality, as developed in his 1986 book ''Morals by Agreement''.
Life and career
Gauthie ...
, Prentice Hall, New York, 1970.
* Mandeville, B. (1715) ''The Fable of the Bees''.
* Rawls, J. (1971) ''A Theory of Justice'', Harvard University Press, Cambridge Massachusetts 1971.
*
Lord Shaftesbury (1710) ''Enquiry Concerning Virtue''.
* Smith, A. (1759) ''The Theory of Moral Sentiments'', in ''Adam Smith's Moral and Political Philosophy'', edited by H. Schneider, Harper, New York, 1948 and 1970.
* Strasnick, T. (1981) "Neo-utilitarian Ethics and the Ordinal Representation Assumption", in ''Philosophy in economics'', edited by J. Pitt, Reidel Publishing, 1981.
*
Luetge C. (ed.) (2013): Handbook of the Philosophical Foundations of Business Ethics. Heidelberg/New York: Springer 2013, .
External links
Peter Drucker's web siteedited by Geoffrey Klempner
The journal "Philosophy of Management"founded by Nigel Laurie and edited by Paul Griseri (Managing Editor), Mark Dibben, Ed Freeeman and Frits Schipper
{{Philosophy topics
B
Business ethics
Applied philosophy