Journal of Business Ethics

, Volume 86, Issue 3, pp 313–325

Ethical Transparency and Economic Medicalization

Article

DOI: 10.1007/s10551-008-9849-2

Cite this article as:
Poitras, G. & Meredith, L. J Bus Ethics (2009) 86: 313. doi:10.1007/s10551-008-9849-2

Abstract

This article introduces the concept of economic medicalization where non-medical problems are transformed into medical problems in order to achieve the objective of corporate shareholder wealth maximization. Following an overview of the differences in ethical norms applicable to medical ethics and business ethics, the economic medicalization of medical research practice and publication is examined in some detail. This motivates a general discussion of the problems involved in the ethical approval process for medical research that balances the interests of both business and government in the market for medical products and services.

Keywords

shareholder wealth maximization medicalization bioethics medical ethics 

Copyright information

© Springer Science+Business Media B.V. 2008

Authors and Affiliations

  1. 1.Faculty of Business AdministrationSimon Fraser UniversityVancouverCanada

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