Value economics : the ethical implications of value for new economic thinking /

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Bibliographic Details
Author / Creator:Griffiths, M. R., 1936- author.
Imprint:London : Palgrave Macmillan, 2016.
Description:1 online resource (XV, 281 pages)
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11268977
Hidden Bibliographic Details
Other authors / contributors:Lucas, J. R. (John Randolph), 1929- author.
ISBN:9781137541871
1137541873
9781137541864
1137541865
Digital file characteristics:text file
PDF
Notes:Includes bibliographical references and index.
Online resource; title from PDF title page (EBSCO, viewed December 12, 2016).
Summary:The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis?
Other form:Print version: Griffiths, M.R. Value economics : the ethical implications of value for new economic thinking. New York, NY : Macmillan Publishers Limited, [2016] 9781137541864
Standard no.:10.1057/978-1-137-54187-1

MARC

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245 1 0 |a Value economics :  |b the ethical implications of value for new economic thinking /  |c M.R. Griffiths, J.R. Lucas. 
264 1 |a London :  |b Palgrave Macmillan,  |c 2016. 
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505 0 |a 1. Economics as a Moral Science -- 2. Cooperation and Facilitation -- 3. Money as 'Encapsulated Choice' -- 4. The Moneyed Society -- 5. Boom or Bust -- 6. Work and Employment -- 7. Economic Value and Intrinsic Value -- 8. Relating Economic Value to Executive Compensation -- 9. Regulation and Control of Economic Value -- 10. Corporate Social Responsibility and Business Ethics -- 11. Philosophy of Economics and Business Ethics -- 12. New Economic Thinking and Economic Justice. 
520 |a The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis? 
650 0 |a Economics  |x Moral and ethical aspects. 
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650 7 |a Political economy.  |2 bicssc 
650 7 |a Social & political philosophy.  |2 bicssc 
650 7 |a BUSINESS & ECONOMICS  |x Business Ethics.  |2 bisacsh 
650 7 |a Business ethics.  |2 fast  |0 (OCoLC)fst00842675 
650 7 |a Economics  |x Moral and ethical aspects.  |2 fast  |0 (OCoLC)fst00902162 
655 4 |a Electronic books. 
700 1 |a Lucas, J. R.  |q (John Randolph),  |d 1929-  |e author.  |0 http://id.loc.gov/authorities/names/n50039146 
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