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Provides guidelines for ethical decision making in business that are philosophically sound and strategically advantageous. This title explains the concepts of basic and derivative rights in a way that can enable managers to identify those ethical duties that must be met in order to morally justify the pursuit of profit.

Stakeholder theory is presently the dominant framework for analyzing ethical issues within the field of business ethics. The theory goes beyond the conventional idea that stockholders are the main group to whom corporate managers owe responsibility by arguing that all groups having a stake in a firm--suppliers, customers, employees, the local community, and others--should be considered by managers in decision-making.
Despite the growth and widespread appeal of stakeholder theory within business ethics and related fields, up till now there has been no reader that presents scholars and...