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Journal of Business Ethics

, Volume 9, Issue 2, pp 127–131 | Cite as

Can there be a social contract with business?

  • Paul F. Hodapp
Article

Abstract

Professor Donaldson in his book Corporations and Morality has attempted to use a social contract theory to develop moral principles for regulating corporate conduct. I argue in this paper that his attempt fails in large measure because what he refers to as a social contract theory is, in fact, a weak functionalist theory which provides no independent basis for evaluating business corporations. I further argue that given the nature of a morality based on contract and the nature of the modern corporation, it is highly unlikely that any plausible contract theory of business ethics can be developed.

Keywords

Moral Principle Economic Growth Business Ethic Social Contract Large Measure 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1990

Authors and Affiliations

  • Paul F. Hodapp

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