Corporate Governance and Business Ethics
This volume explores corporate governance from three perspectives: a traditional economic, a philosophical, and an integrated business ethics perspective. Corporate governance has enjoyed a long tradition in the English-speaking world of management scienc
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Peter Koslowski, VU University Amsterdam, Amsterdam Editorial Board
John Boatright, Loyola University Chicago, Chicago, Illinois, USA George Brenkert, Georgetown University, Washington D.C., USA Alexander Brink, University of Bayreuth, Bayreuth, Germany James M. Buchanan, George Mason University, Fairfax, Virginia, USA Allan K.K. Chan, Hong Kong Baptist University, Hong Kong Christopher Cowton, University of Huddersfield Business School, Huddersfield, United Kingdom Richard T. DeGeorge, University of Kansas, Lawrence, Kansas, USA Thomas Donaldson, Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania, USA Jon Elster, Columbia University, New York, New York, USA Amitai Etzioni, George Washington University, Washington D.C., USA Michaela Haase, Free University Berlin, Berlin, Germany Carlos Hoevel, Catholic University of Argentina, Buenos Aires, Argentina Ingo Pies, University of Halle-Wittenberg, Halle, Germany Yuichi Shionoya, Hitotsubashi University, Kunitachi, Tokyo, Japan Philippe Van Parijs, University of Louvain, Louvain-la-Neuve, Belgium Deon Rossouw, University of Pretoria, Pretoria, South Africa Josef Wieland, HTWG - University of Applied Sciences, Konstanz, Germany
For further volumes: http://www.springer.com/series/2881
Alexander Brink Editor
Corporate Governance and Business Ethics
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Editor Prof. Alexander Brink University of Bayreuth Institute for Philosophy 95440 Bayreuth Germany [email protected]
ISSN 2211-2707 e-ISSN 2211-2723 ISBN 978-94-007-1587-5 e-ISBN 978-94-007-1588-2 DOI 10.1007/978-94-007-1588-2 Springer Dordrecht Heidelberg London New York Library of Congress Control Number: 2011933587 © Springer Science+Business Media B.V. 2011 No part of this work may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, microfilming, recording or otherwise, without written permission from the Publisher, with the exception of any material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Preface
Despite being right at the beginning of this volume, these lines are the last ones written. With them, I have finalized a book project which has taken more than three years. This volume picks up a discussion which has become more than just that of current interest since the financial crisis. We are living in turbulent times and the tension between economic imperatives and social demands has never been more dramatic than nowadays. The question guiding this volume is how to find a real reconciliation, a new balance between these both positions in a globalized world. Therefore, the volume comprises some selected papers from our very successful conference on “Corporate Governance and Business Ethics” which took place at the Private University of Witten/Herdecke in June 2008. In addition to these articles, I have asked so
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