Jewish Business Ethics: The Firm and Its Stakeholder

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Author: Aaron Levine

ISBN-10: 0765760568

ISBN-13: 9780765760562

Category: Commercial Law

The Orthodox Forum, convened by Dr. Norman Lamm, President of Yeshiva University, meets each year to consider major issues of concern to the Jewish community. Forum participants from throughout the world, including academicians in both Jewish and secular fields, rabbis, rashei yeshivah, Jewish educators, and Jewish communal professionals, gather in conference as a think tank to discuss and critique each other's original papers, examining different aspects of a central theme. The purpose of...

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The main idea upon which the essays in this book are built is that the power and success of business is ultimately based on one's beliefs about life's meaning. It is no exaggeration to suggest that corporate success is set in motion and encouraged by a set of core ethics values shared by managers, employees, and stockholders. This book reflects the unflinching belief that traditional Jewish sources provide useful and practical paradigms and solutions to many important issues facing the modern business manager. Jewish business ethics must begin by taking both business and Jewish ethics seriously.

Prologue: What Is Jewish Business Ethics?1Moral Markets: Two Cheers for Stakeholder Theory12Convenantal Morality in Business273The Employee as Corporate Stakeholder: Exploring the Relationship between Jewish Tradition and Contemporary Business Ethics454Aspects of the Firm's Responsibility to Its Customers: Pharmaceutical Pricing and Consumer Pricing755Balancing the Scales: Halakhah, the Firm, and Information Asymmetries1236Responsibility of the Firm to the Environment1477Ethical Investment: The Responsibility of Ownership in Jewish Law1758The Corporate Veil and Halakhah: A Still Shrouded Concept203Epilogue273Contributors317Index319