In this paper, we argue that the different relationships of corporations can be understood as contractual relationships. The aim of the contract is to do justice to the claims of all parties, including that of the corporation. This renders the notion of a contract eminently suitable as a...

Some centers of gravity are finally emerging in the field of business ethics after a decades-long search for action-guiding theories. Amongst the foremost of these are contractualism and virtue ethics. The former focuses on the morals of economic exchange, the latter on the moral qualities of...

The ethics of organizations has received much attention in recent years. This raises the question whether the ethics of organizations has also improved. In 1999, 2004 and 2008, a survey was conducted of 12,196 U.S. managers and employees. The results show that the ethical culture of...