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The Fourth Wave: The Ethics of Corporate Downsizing

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  • Orlando, John

Abstract

While the business ethics literature has devoted a tremendous amount of discussion in recent years to the question of whether the corporate manager has obligations to parties other than shareholders, it has failed to apply any of its insights to particular ethical concerns. This leaves the corporate manager with almost no guidance for resolving particular dilemmas he or she encounters. I bridge the gulf between theory and practice by focusing on the issue of corporate downsizing. I argue that corporate downsizing is, in many instances, morally contentious.

Suggested Citation

  • Orlando, John, 1999. "The Fourth Wave: The Ethics of Corporate Downsizing," Business Ethics Quarterly, Cambridge University Press, vol. 9(2), pages 295-314, April.
    • Handle: RePEc:cup:buetqu:v:9:y:1999:i:02:p:295-314_00
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    Cited by:

    1. Anu Pynnönen & Tuomo Takala, 2018. "The Discursive Dance: The Employee Co-operation Negotiations as an Arena for Management-by-fear," Journal of Business Ethics, Springer, vol. 147(1), pages 165-184, January.
    2. Carl Rhodes & Alison Pullen & Stewart Clegg, 2010. "‘If I Should Fall From Grace…’: Stories of Change and Organizational Ethics," Journal of Business Ethics, Springer, vol. 91(4), pages 535-551, February.
    3. Sanja Pekovic & Marcus Wagner & Sebastian Vogt, 2022. "Differential effects of corporate social responsibility on downsizing: Evidence from the United States," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 1021-1033, July.
    4. Ionela Andreicovici & Nava Cohen & Silvia Ferramosca & Alessandro Ghio, 2021. "Two Wrongs Make a ‘Right’? Exploring the Ethical Calculus of Earnings Management Before Large Labor Dismissals," Journal of Business Ethics, Springer, vol. 172(2), pages 379-405, August.
    5. Mäkelä, Hannele & Laine, Matias, 2011. "A CEO with many messages: Comparing the ideological representations provided by different corporate reports," Accounting forum, Elsevier, vol. 35(4), pages 217-231.
    6. Vuontisjärvi, Taru, 2013. "Argumentation and socially questionable business practices: The case of employee downsizing in corporate annual reports," Scandinavian Journal of Management, Elsevier, vol. 29(3), pages 292-313.
    7. Franco GANDOLFI & Franco GANDOLFI, 2009. "Phases of Cost Cutting: Downsizing is Dead; Long Live the Downsizing Phenomenon," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(5), pages 864-876, December.

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