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Virtue Ethics, the Firm, and Moral Psychology1

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  • Koehn, Daryl

Abstract

Business ethicists have increasingly used Aristotelian “virtue ethics†to analyze the actions of business people and to explore the question of what the standard of ethical behavior is. These analyses have raised many important issues and opened up new avenues for research. But the time has come to examine in some detail possible limitations or weaknesses in virtue ethics. This paper argues that Aristotelian virtue ethics is subject to many objections because the psychology implicit within the ethic is not well-suited for analyzing some problematic forms of behavior. Part One offers a brief overview of the firm and of the good life from a virtue ethics perspective. Part Two develops a number of criticisms of this perspective.

Suggested Citation

  • Koehn, Daryl, 1998. "Virtue Ethics, the Firm, and Moral Psychology1," Business Ethics Quarterly, Cambridge University Press, vol. 8(3), pages 497-513, July.
    • Handle: RePEc:cup:buetqu:v:8:y:1998:i:03:p:497-513_00
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    Cited by:

    1. David McPherson, 2013. "Vocational Virtue Ethics: Prospects for a Virtue Ethic Approach to Business," Journal of Business Ethics, Springer, vol. 116(2), pages 283-296, August.
    2. Joan Fontrodona & Alejo Sison & Boudewijn Bruin, 2013. "Editorial Introduction: Putting Virtues Into Practice. A Challenge for Business and Organizations," Journal of Business Ethics, Springer, vol. 113(4), pages 563-565, April.
    3. Kevin T. Jackson, 2018. "Interpreting the Virtues of Mindfulness and Compassion: Contemplative Practices and Virtue-Oriented Business Ethics," Humanistic Management Journal, Springer, vol. 3(1), pages 47-69, July.
    4. Valérie Petit & Helen Bollaert, 2012. "Flying Too Close to the Sun? Hubris Among CEOs and How to Prevent it," Journal of Business Ethics, Springer, vol. 108(3), pages 265-283, July.
    5. Patricia Grant & Surendra Arjoon & Peter McGhee, 2018. "In Pursuit of Eudaimonia: How Virtue Ethics Captures the Self-Understandings and Roles of Corporate Directors," Journal of Business Ethics, Springer, vol. 153(2), pages 389-406, December.
    6. Mario Fernando & Geoff Moore, 2015. "MacIntyrean Virtue Ethics in Business: A Cross-Cultural Comparison," Journal of Business Ethics, Springer, vol. 132(1), pages 185-202, November.
    7. Subrata Chakrabarty & A. Erin Bass, 2015. "Comparing Virtue, Consequentialist, and Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk in Institutional Voids," Journal of Business Ethics, Springer, vol. 126(3), pages 487-512, February.
    8. Marina Balboa & Germán López-Espinosa & Antonio Rubia, 2012. "Non-linear Dynamics in Discretionary Accruals: An Analysis of Bank Loan-Loss Provisions," Faculty Working Papers 07/12, School of Economics and Business Administration, University of Navarra.
    9. Andrew Abela & Ryan Shea, 2015. "Avoiding the Separation Thesis While Maintaining a Positive/Normative Distinction," Journal of Business Ethics, Springer, vol. 131(1), pages 31-41, September.
    10. Steven Steyl, 2020. "Aristotelian Practical Wisdom in Business Ethics: Two Neglected Components," Journal of Business Ethics, Springer, vol. 163(3), pages 417-428, May.
    11. Dulce Redín & Reyes Calderón & Ignacio Ferrero, 2014. "Exploring the Ethical Dimension of Hawala," Journal of Business Ethics, Springer, vol. 124(2), pages 327-337, October.
    12. David Dawson, 2015. "Two Forms of Virtue Ethics: Two Sets of Virtuous Action in the Fire Service Dispute?," Journal of Business Ethics, Springer, vol. 128(3), pages 585-601, May.
    13. Rafael Morales-Sánchez & Carmen Cabello-Medina, 2013. "The Role of Four Universal Moral Competencies in Ethical Decision-Making," Journal of Business Ethics, Springer, vol. 116(4), pages 717-734, September.
    14. Seyyed Babak Alavi, 2024. "The Making of an Authentic Leader’s Internalized Moral Perspective: The Role of Internalized Ethical Philosophies in the Development of Authentic Leaders’ Moral Identity," Journal of Business Ethics, Springer, vol. 190(1), pages 77-92, February.
    15. Dirk Vriens & Jan Achterbergh & Liesbeth Gulpers, 2018. "Virtuous Structures," Journal of Business Ethics, Springer, vol. 150(3), pages 671-690, July.
    16. Andrew West, 2018. "After Virtue and Accounting Ethics," Journal of Business Ethics, Springer, vol. 148(1), pages 21-36, March.
    17. Andrea Stevenson Thorpe & Stephen Roper, 2019. "The Ethics of Gamification in a Marketing Context," Journal of Business Ethics, Springer, vol. 155(2), pages 597-609, March.
    18. David Dawson, 2018. "Measuring Individuals’ Virtues in Business," Journal of Business Ethics, Springer, vol. 147(4), pages 793-805, February.

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