The paper "The Question of Corporate Responsibility" is a wonderful example of an annotated bibliography on business. The case studies on business ethics from different walks of life like business, property, and environment have been selected for the application and analysis of philosophical ethical theory. For the purpose of analysis of business ethics, philosophical theorists have adapted social contract theory to the businesses. Companies have, in their view become quasi-democratic associations, and their employees and other stakeholders have become the voice over a company's operations. This approach has especially become popular as a result of the revival of contract theory in political philosophy, which is largely owed to John Rawls A Theory of Justice.
The advent of the consensus-oriented approach in order to solve business problems has paved a way forward for the “ quality movement" that really emerged in the 1980s. Afterward, Professors Thomas Donaldson and Thomas Dunne proposed a version of contract theory for a business that is termed as Integrative Social Contracts Theory. They postulated that conflicting interests can best be resolved by formulating a "fair agreement" between the stakeholders and parties, using the combination of macro-principles that is agreed upon as universal principles, and, A micro-principles formulated by actual agreements among stakeholders. However, the critics insist that the proponents of contract theories still miss a central point, namely, that a business is the property of someone and is not a mini-state or an effective means of distributing social justice.
Nonetheless, we would apply the above theoretical paradigm to all the three articles in this portfolio. Case Study: The Question of Corporate Responsibility by Dr. Robert C. SolomonUniversity of Texas at Austin Utah Valley State College 800 West University Parkway, Orem, UT 84058 (801) 863-INFO Integrated social contract theory examines the behavior of the oil tanker of the Big Dirty Oil Company that had spilled millions of gallons of crude into the sea waters and onto the beaches of British Columbia and southern Alaska.
The damage occurred to the beaches, wildlife, and to the tourist industry. The loss to the ecology and the quality of life of the local residents was incalculable. Many millions of dollars for even the most minimal clean-up could not make up the loss to nature.
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3- Shelton, K (1989). Integrity at Work executive classics, Provo, UT; Executive Excellence.
4- Childress, J.F. (1997). Practical reasoning in medical ethics series Bloomington, IN; Indiana University Press.
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6- Ashley, B.M. & O’ Bourke, K.D. (1997) Health care ethics: a theological analysis. Washington, D.C. Georgetown University Press.
7- Spann, G.A. (2000). The Law of affirmative action; twenty-five years of Supreme Court decisions on race and remedies. New York