In his ground-breaking new textbook, Mick Fryer offers students of Business Ethics clear explanations of a range of theoretical perspectives, along with examples of how these perspectives might be used to illuminate the ethical challenges presented by business practice. The book includes: • Realistic scenarios which gently introduce a theory and demonstrate how it can be applied to a real-life ethical dilemma that everyone can relate to, such as borrowing money from a friend • Real organisational case studies in each chapter which illustrate how each theory can be applied to real business situations. Cases include Nike, Coca Cola, BMW, Shell, Starbucks and GSK • ‘Pause for Reflection’ boxes and ‘Discussion Questions’ which encourage you to challenge the established notions of right and wrong, and empower you to develop your own moral code • Video Activities in each chapter with accompanying QR codes which link to documentaries, films, debates and news items to get you thinking about real-life ethical dilemmas Visit the book’s companion website for self-test questions, additional web links and more at: study.sagepub.com/fryer
Chapter 1: Rights Theory: Considering Business Ethics in Terms of Stakeholder Rights
Rights Theory: Considering Business Ethics in Terms of Stakeholder Rights
This chapter will:
- outline a range of political, social and cultural rights, and discuss some ways in which they relate to business ethics;
- discuss some features of the way that we tend to think about rights;
- explain how stakeholding offers a basis for considering rights in business contexts;
- highlight the need for businesses to consider the rights of affected stakeholders as well as those of influential stakeholders;
- explain the importance placed on property rights in contemporary business contexts;
- introduce contrasting perspectives on the relationship between property and labour.
What do we mean when we use the word ‘right’? We tend to use this word in two different ways when talking about ...