Prelims -- Prologue: Corporate ethical response to turbulent markets -- The ethics of dignity of the human person -- The ethics of corporate executive virtues -- The ethics of corporate trusting relations -- The ethics of corporate ethical and moral charismatic leadership -- The ethics of corporate critical thinking -- The ethics of corporate stakeholder rights and duties -- The ethics of corporate moral reasoning, moral judgment, and moral justification -- The ethics of corporate legal, ethical, moral, and spiritual (LEMS) responsibility -- Corporate cosmic spirituality for today -- References -- Author index -- Company index -- Subject index.
The ebook edition of this title is Open Access, thanks to Knowledge Unlatched funding,and freely available to read online. Corporate executives immersed in the turbulent markets of today face a world not of clear cut moral dilemmas such as right or wrong, or good or evil, but instead must confront large corporate grey areas of lesser good, lesser evil, less true, less unfair, and less unjust. Often these choices become almost indistinguishable. Corporate Ethics for Turbulent Markets: Executive Response to Market Challenges sets out a universal moral foundation of corporate executive ethics. Its chapters attempt to extend the discussion on human dignity to its practical applications, map out strategic approaches for responding to current turbulent markets, and drill moral skills for taming and tapping current turbulent markets. The book features modern techniques of critical thinking, moral reasoning, moral judgment, and moral justification, and charts how to uphold stakeholder rights and duties and understand corporate moral responsibilities. Written as a guide for corporate executives who strive daily not only to be legal in all they decide, choose and do, but to also be ethical, moral, and even spiritual, the book provides skills and insights that are urgently needed to fathom and capitalize upon in the turbulent markets of today.
1.4. Current Market Turbulence and Economic Chaos1.5. Recent Major Factors that Generated Market Turbulence; 1.5.1. Chinese Invasion of Global Markets; 1.5.2. Global Climate Change and Policies; 1.5.3. Brexit and Global Market Turbulence; 1.5.4. Immigrant Populations and Global Refugee Crisis; 1.5.5. Artificial Intelligence and Market Turbulence; 1.6. Demonetization in India and Market Turbulence; 1.6.1. Structure of Market Turbulence; 1.6.2. Relevance of Corporate Ethics Under Market Turbulence Today; 1.6.3. Market Turbulence as Market Certainty, Risk, Uncertainty, and Chaos
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The tapestry of human behaviour in the marketplace today is turbulent, unpredictable, and chaotic. Yet it is also so diverse, rich and global that it presents a rare ethical and moral opportunity, and challenge, to out-behave competition and create enduring value. This is corporate ethics for corporate advantage. Corporate Ethics for Turbulent Markets: The Market Context of Executive Decisions focuses on the HOW of doing business – the economic, social, ethical, moral and spiritual values we bring to our business ventures - and how thereby we impact the world. The book focuses on the LEMS (legality, ethicality, morality, and spirituality) technique that we submit as a prescriptive benchmarking tool for all corporate thinking, deliberation, explanation, evaluation, choices, strategic implementation, accountability and moral responsibility. It demonstrates that by going beyond the legal obligation (legality) to do the "right thing" (ethicality), to do the "right thing rightly" (morality), and doing the "right thing rightly and for the right intentions" (spirituality), we can create a sure strategy for good decision making and implementation that can heal the world from its current addictions to corporate fraud in all its evil forms. Envisioning a moral reawakening, this book will challenge business students and executives alike to re-evaluate the moral justification of business choices, decisions, actions and their consequences. LEMS as a four-dimensional cross-checking skill for all that we think, do, become and be takes time and patience but it can surely heal an otherwise divided and broken world
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I suggest the idea of a reporting function, r(.), from reality to feelings. The 'happiness' literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)'s curvature is crucial. A quasi-experiment on heights is studied. -- Money ; diminishing marginal utility ; height ; concavity
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In Kelo v. City of New London, the United States Supreme Court emphasized its longstanding practice of deferring to legislative determinations of public use. However, the Court also explicitly acknowledged that the U.S. Constitution sets a floor, not a ceiling, on individual rights and that the state courts are entitled to take a less deferential approach under their own state constitutions or statutes. This manuscript examines: (1) the ways in which the role of deference in judicial review of public use determinations can vary between federal and state courts and among state jurisdictions; and (2) the difficult issues raised by the interplay be-tween legislatures and courts in public use determinations. Because the Supreme Court's deferential approach to public use disputes provides little succor to property owners challenging takings, state court challenges to takings are likely to become increasingly important. Property owners, therefore, need to understand the issues raised by deference in judicial review of public use challenges in both federal and state courts.