A note on profit, loss, and social responsibility

Art Carden

This short note discusses the role of profits and losses in organizing information. I explore the ethical status of a firm earning losses and argue that to earn a loss reveals important information about the production plans that are likely to be successful. I further argue that the information revealed in a profit-and-loss economy is socially beneficial

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Year of publication:	2009
Authors:	Carden, Art
Published in:	New perspectives on political economy : NPPE ; a bilingual interdisciplinary journal. - Prague : CEVRO Institut Academic Press, ISSN 1801-0938, ZDB-ID 2252937-8. - Vol. 5.2009, 1, p. 1-8
Subject:	Corporate Social Responsibility \| Corporate social responsibility \| Gewinn \| Profit \| Verlust \| Loss \| Unternehmensethik \| Business ethics

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Classification:	B53 - Austrian ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; L21 - Business Objectives of the Firm ; L26 - Entrepreneurship ; P11 - Planning, Coordination, and Reform ; P12 - Capitalist Enterprises ; P14 - Property Rights ; P17 - Performance and Prospects
Source:	ECONIS - Online Catalogue of the ZBW

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