Ethics Theory and Business Practice

Fryer, Mick

doi:10.4135/9781473910034

Cited by 9 publications

(5 citation statements)

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“…To avoid rigidity and inflexible structures within all kinds of management systems, it is important to encourage free and open discussions based on respect and cooperation (Noland and Phillips, 2010). The ultimate desire is to obtain a mutual understanding (Fryer, 2015) of the design of the performance management system and how it works with respect to the achievement of the business model and the stakeholder value propositions. The interactivity is also a precondition not just for an employee involvement but also for a continuous learning process (Ferreira and Otley, 2009) that facilitates a continuous adaptation of the complete performance management system.…”

Section: Performance Managementmentioning

confidence: 99%

Integrating business model for sustainability and performance management to promote occupational health and safety—A discussion of value

Johanson¹,

Aboagye²,

Yao³

2022

Front. Sustain.

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The concept of business model has been around in scientific discussions for over half a century, but the adoption of business model for sustainability is much more recent. What constitutes a business model for sustainability is far from clear, and what drives the business model for sustainability to success needs further elaboration. The current paper adopts a conceptual approach to clarify the components of the business model for sustainability, focusing on the discussion of value addressed in its concept, and the interplay between the business model for sustainability and the internal performance management system. Furthermore, we connect our discussion to occupational health and safety because employee health and safety, one of the important elements of human capital, have been regarded as critical to the sustainable development of companies and society. We argue that OHS should be a fundamental cornerstone in doing business and should not be viewed as an afterthought of production and financial concerns. Therefore, OHS and employee relations should be addressed within the business model. The more important issue is the alignment of the value propositions, value creation, and value capture that underpin both the business model for sustainability and the internal performance management system. If the performance management system is decoupled from the business model, the long-term and short-term occupational health and safety advantages and the sustainable value propositions to stakeholders will not be realized.

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Section: Performance Managementmentioning

confidence: 99%

Integrating business model for sustainability and performance management to promote occupational health and safety—A discussion of value

Johanson¹,

Aboagye²,

Yao³

2022

Front. Sustain.

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“…Reading critiques of global branding (Klein, 2000) and textbooks on business ethics (Crane & Matten, 2007;Fryer, 2015), it may come as a surprise that not all consumers are naturally wary of global brands. However, marketing research demonstrates that consumers display significant levels of trust in brands (BBG, 2015;EE, 2015).…”

Section: Trust and Global Brandingmentioning

confidence: 99%

Corporate democratic nation-building: Reflections on the constructive role of businesses in fostering global democracy

Anker

2017

European Management Journal

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Europe finds itself in a challenging situation dominated by economic and political uncertainty, which has deep ramifications for businesses and society. The Brexit vote for the UK to leave the EU has caused a political crisis, which raises fundamental questions about the founding mission of the EU as a largescale nation-building experiment aiming at promoting democracy, peace and prosperity across Europe through an "ever closer union among the peoples of Europe". This Reflection on Europe argues that Europe needs to establish a new democratic equilibrium and that businesses can play a fundamental constructive role to achieve this new equilibrium by actively designing core internal and external business activities to be conducive to key enabling conditions of democracy.

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“…Friedman makes the distinction between an executive as an agent and an executive as a principal (Fryer, 2015), as a principal she can engage any kind of activity she wishes and can use her own money and time. But, as an agent she cannot use her employer's money or time because she willingly contracted her time and energy to devote to the purposes of her employer.…”

Section: A Fresh Apple or A New Barrel: Business Ethics From An Indivmentioning

confidence: 99%

Untitled

2017

Eur. j. econ. bus. stud.

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The moral nature of corporations has been discussed for a long time. But, since 2001, with enormous economic effects of the misconduct of some corporations this discussion gained another dimension, it moved into the public sphere, the subject became more sensitive. The anger and mistrust of the public toward business triggered legislators and corporations to take urgent action. For example, just after the collapse of Enron (2001) the American Congress passed the Sarbanes-Oxley Act (2002) that covers the responsibilities of boards of directors and requires compliance training at all levels. It also revived the old controversial arguments about the nature of business-whether the only purpose of business is to make profits, the relationship of business and ethics-whether business ethics is an oxymoron, and human nature-whether it is 'bad apples' or 'bad barrels'. Yet, with new sets of regulations, in 2017, we are still witnessing the misconduct of corporations on a global scale. This article investigates the effectiveness of corporate efforts such as revisiting mission statements, polishing the codes of ethics and conducting training, by evaluating the nature of business, human nature and the understanding of ethics in the workplace. By looking through the lens of utilitarianism of ethical issues in business, I will argue that codes of ethics and ethics training are necessary but not sufficient. Within the scope of this paper I wish to pave the way to a holistic approach which is necessary and sufficient to create ethical businesses.

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Ethics Theory and Business Practice

Cited by 9 publications

References 0 publications

Integrating business model for sustainability and performance management to promote occupational health and safety—A discussion of value

Integrating business model for sustainability and performance management to promote occupational health and safety—A discussion of value

Corporate democratic nation-building: Reflections on the constructive role of businesses in fostering global democracy

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