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1、JournalofBusinessEthics(2005)60:75--89óSpringer2005DOI10.1007/s10551-005-5842-1AnEconomicApproachtoBusinessEthics:MoralAgencyoftheFirmandtheEnablingandConstrainingEffectsofEconomicInstitutionsandInteractionsinaMarketEconomySigmundWagner-TsukamotoABSTRACT.ThepapermapsoutanalternativetoaMuchcontem
2、porarybusinessethicstheorypro-behavioural(economic)approachtobusinessethics.ceedsinabehaviouraltradition.Forexample,virtueSpecialattentionispaidtothefundamentalphilosophicaltheory-basedbusinessethicsorKantianstakeholderprinciplethatanymoraloughtimpliesapracticalcan,managementexaminecorporatemora
3、lagencyinwhichthepaperinterpretswithregardtotheeconomicrelationtothequestionofhumannatureandproperviabilityofmoralagencyofthe?rmundertheconditionsmoral--behaviouralconductoftheindividualorga-ofthemarketeconomy,inparticularcompetition.Thenisationmember,inparticularmanagers(Bartlettpaperdetailsane
4、conomicunderstandingofbusinessethicswithregardtoclassicalandneo-classicalviews,onandPreston,2000;BuonoandNichols,1990;Car-theonehand,andinstitutional,libertarianthought,onroll,1991;EvansandFreeman,1993;Moore,2002;theotherhand.Implicationsarederivedregardingunin-Murphy,1998;Preston,1997;seealsoBa
5、rnard,tentionalandpassiveintentionalmoralagencyofthefirm.1958;Etzioni,1988;Fort,2000;Ku¨ng,1999;Sacks,Thepapermovesontosuggestthatmoralagencycanbe1999;Simon,1993).Inpracticalperspective,economicallyviableincompetitivemarketinteractions,behaviouralbusinessethicsaimtomorally(re)-whichisconventiona
6、llydisputedbyclassical/neo-classicaleducatemanagers,employees,shareholders,etc.andinstitutional,libertarianeconomics.Thepaperhere(vonDranetal.,2001;HillandStewart,1999;Izzo,conceptualisesactivemoralagencyofthefirmasthe2000;Key,1997;Lampe,1997;Seshadrietal.,utilisationofethicalcapitalinfirm--stak
7、eholderinterac-1997;Siuetal.,2000).Thegoalistomakethemlesstions.Thisyieldsareinterpretationofinstrumentalself-interestedbutmorevirtuous,altruistic,com-stakeholdertheory.passionate,benevolent,andsoon.Thepresentpaperoutlinesad
