Conceptual Foundations Of Business By Richard Eells And Clarence Walton

This encyclopedia spans the relationships among business, ethics and society, with an emphasis on business ethics and the role of business in society.

Education, Leadership and Business Ethics: New Essays on the Work of Clarence Walton includes a history and anecdotes of Clarence Walton's professional and personal life; a discussion of the controversial introduction of ethics into the field of management studies; contributions on a variety of subjects connected to leadership and business ethics from experts in the field; and critical essays reviewing Clarence's most recent work in social criticism. The book gives a history of the rise of the fields of business and society and business ethics, details the events leading to its acceptance in academic circles and gives personal accounts by Clarence Walton, one of the people most responsible for its creation. Intended target groups are students, former academic peers, and friends of Clarence Walton, as well as anyone interested in the history of business ethics or connected to Columbia University of America, or The American College.

In 1973, Daniel Bell argued that corporations in post-industrial societies increasingly needed to behave in accord with widely accepted social norms, particularly in terms of ethical behavior and social responsibility. Yet widespread criticism of business behavior was not an invention of the 1960s and 70s or a product of changing commercial norms. The key feature historically has been business scandal. Understandings of how the field of business ethics has emerged are undeveloped, however. This book is the first attempt to explain the conditions which saw a focus develop on business ethics especially in the 1960s and 70s, and how the broader field developed to encompass related notions such as corporate governance, corporate social responsibility, ethical leadership, sustainable business and responsible management education. The Rise of Business Ethics provides an introduction and analysis of the key developments in contemporary business ethics by examining them in terms of their diachronic development – the key thinkers, the key issues, the key institutions and how they each contributed to contemporary understandings of business ethics, governance and practice. Addressing the topic from a European as well as North American perspective, The Rise of Business Ethics will be of interest to researchers, academics, and students in the fields of business ethics, business and society, business history, organization studies and political economy.

Rebellion was in the air. Workers were on strike, students were demonstrating on campuses, discipline was breaking down. No relation of domination was left untouched – the relation between the sexes, the racial order, the hierarchies of class, relationships in families, workplaces and colleges. The upheavals of the late 1960s and early 1970s quickly spread through all sectors of social and economic life, threatening to make society ungovernable. This crisis was also the birthplace of the authoritarian liberalism which continues to cast its shadow across the world in which we now live. To ward off the threat, new arts of government were devised by elites in business-related circles, which included a war against the trade unions, the primacy of shareholder value and a dethroning of politics. The neoliberalism that thus began its triumphal march was not, however, determined by a simple ‘state phobia’ and a desire to free up the economy from government interference. On the contrary, the strategy for overcoming the crisis of governability consisted in an authoritarian liberalism in which the liberalization of society went hand-in-hand with new forms of power imposed from above: a ‘strong state’ for a ‘free economy’ became the new magic formula of our capitalist societies. The new arts of government devised by ruling elites are still with us today and we can understand their nature and lasting influence only by re-examining the history of the conflicts that brought them into being.