Ethics and Governance Business as Mediating Institution

This book argues that ethical business behavior can be enhanced by taking fuller account of human nature, particularly with respect to the need for creating relatively small communities within the corporation. Timothy Fort discusses this premise in relation to the three predominant theories of business ethics--stakeholder, virtue, and contract. Drawing heavily from philosophy, he analyzes traditional business ethics and legal theory. Overall, his work provides a good example of how to integrate normative and empirical studies in business ethics, a task that often receives substantial discussion in academic journals.

Timothy L. Fort is the Bank One Corporation Assistant Professor of Business Administration at the University of Michigan Business School.