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Author:Miller, R. A.
Title:Lifesizing in an era of downsizing: An ethical quandary
Journal:Journal of Business Ethics
1998 : NOV, VOL. 17:5, p. 1693-1700
Index terms:COMPANIES
STRUCTURAL CHANGE
PROFIT
SHAREHOLDERS
WORKERS
ETHICS
Freeterms:LIFESIZING
DOWNSIZING
WORK FORCE
Language:eng
Abstract:The restructuring of corporate America which views the corporation as an investment organization rather than a social organization, has created an ethical quandary by removing from the equation a sense of larger-purpose. This study proposes a new paradigm, lifesizing, to address the issues raised by the ethical quandary. The study explores the effect of creation of fiticuous personhood has had on concept of personal responsibility and common good when responsible individuals are but transient members of such a legal entity. The study briefly recaps the history of downsizing, the pracitice of treating workers as an expense rather than capital asset, stakeholder theory, and the raise of me-first culture.
SCIMA record nr: 181016
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