Author: | Quinn, D. Jones, T. |
Title: | An agent morality view of business policy |
Journal: | Academy of Management Review
1995 : JAN, VOL. 20:1, p. 22-42 |
Index terms: | MANAGEMENT REVIEW BUSINESS POLICY |
Language: | eng |
Abstract: | The authors develop a philosophical perspective on the moral obligations of managers, which they call agent morality , by examining the moral implications of agency theory. The view is grounded in noninstrumental ethics, which they argue is locially superior to instrumental ethics. The authors show that the principal-agent model of the firm requires that managers fashion business policies with reference to certain moral duties. |
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