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Magical Tome

Cover of The Moral Responsibility of Firms
First published
2020
Publisher
Oxford University Press
Pages
248 pages
ISBN
9780198857051

The Moral Responsibility of Firms

The outer archives are busy

by Eric W. Orts, N. Craig Smith

About this book

Whether firms can be said to be moral agents and to have the capacity for moral responsibility has significant practical consequences. In most legal systems in the world, business firms are recognized as persons with the ability to own property, to maintain and defend lawsuits, and to self-organize governance structures. To recognize that these business persons can also act morally or immorally as organizations, however, would justify the imposition of other legal constraints and normative expectations on organizations. In the criminal law, for example, the idea that an organized firm may itself have criminal culpability is accepted in many countries (such as the United States) but rejected in others (such as Germany). This book collects new contributions by leading business scholars in business ethics, philosophy, and related disciplines to extend our understanding of the moral responsibility of firms.

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