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DIVESTMENT: Corporate Conscience and Foreign Divestment Decisions

In: Integrating Ethics With Strategy Selected Papers of Alan E Singer

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  • Alan E Singer

    (University of Canterbury, New Zealand)

Abstract

This chapter is based on “Corporate conscience and foreign divestment decisions,” Journal of Business Ethics 6, pp. 543-552, 1987, by A. E. Singer and N. T. van der Walt. It discusses the notion that the rational-agent frame of reference for the analysis of all types of corporate strategic decision-making might be expanded to a moral-agent perspective, whereby decision content is seen as comprising commercial, strategic and ethical factors. The relevant “factors” in any strategic decision can be classified on the basis of commercial, strategic and ethical decision principles to which they relate: rational-egoism, self-referential altruism or deontology. This approach is illustrated with reference to the paradigm case of strategic divestment: MNCs operating in South Africa, during the era of Apartheid.

Suggested Citation

  • Alan E Singer, 2007. "DIVESTMENT: Corporate Conscience and Foreign Divestment Decisions," World Scientific Book Chapters, in: Integrating Ethics With Strategy Selected Papers of Alan E Singer, chapter 17, pages 312-330, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812779175_0017
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