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Chapter 8: Reasoned Managerial Discourse

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Business Ethics: Kant, Virtue, and the Nexus of Duty

Abstract

O’Neill posed some broad Kantian-derived principles applicable to society’s discourse. They are reviewed and utilized here as especially relevant for reasoned managerial discourse. Applications to the politically sensitive issues of globalism, diversity (racism, sexism, and other problems), the company’s control system (responsibility assignment, performance evaluation, and rewards systems), and environmental degradation and restoration, are provided. The latter is examined in detail as a significant issue capable of benefitting from these principles of social discourse.

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Notes

  1. 1.

    See Fruhan et al. (1992).

  2. 2.

    See Chapter 3: “The Categorical Imperative Process and Moral Duties”.

  3. 3.

    Ibid.

  4. 4.

    See www.usatoday.com/story/money/business/2013/12/10/madoff and www.cnbc.com/bernard-madoff.

  5. 5.

    Kant’s universal principle of right (or justice) argues that the freedom of individuals should be maximized subject to non-interference with the freedom of others. See Kant (1797, 6: 231). This applies to freedom to try and persuade, an aspect of communication.

  6. 6.

    See Chapter 3: “The Categorical Imperative Process and Moral Duties”.

  7. 7.

    Ibid.

  8. 8.

    Exchange rate risk includes those risks to business resulting from potential exchange rate movements. These movements can raise the costs of production, or lower the value of assets measured in terms of the home currency, or reduce sale revenue.

  9. 9.

    See Robinson and Shah (2019).

  10. 10.

    See Kant (1784a, 8: 35–41), and (1788, 8: 146–147). Also see Wood (1998, pp. 305–306).

  11. 11.

    IMF Staff Report of 2008.

  12. 12.

    “Market power” can be loosely defined as the ability to raise process above costs so that more than a competitive return is earned. It results when an industry moves from a high level of competition to oligopoly, See Ferguson (1972), Chapter 10: “Fair Stakeholder Negotiations” and Chapter 11: “The Philosophy of Action and Authority in The Entrepreneurial and Management Ethics”, and also Henderson and Quandt (1958), and Chapter 6: “The Nexus of Managerial Imperfect Duty: Relations of Virtue, Discourse, and Due Diligence”.

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Supplemental Readings

  • Robinson (2019, Chapter 5) presents the seminal material of reasoned discourse in business.

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Robinson, R.M. (2022). Chapter 8: Reasoned Managerial Discourse. In: Business Ethics: Kant, Virtue, and the Nexus of Duty. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-85997-8_8

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