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Value economicsthe ethical implicati...

Griffiths, M. R.

Value economicsthe ethical implications of value for new economic thinking /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Value economicsby M. R. Griffiths, J. R. Lucas.
Reminder of title:	the ethical implications of value for new economic thinking /
Author:	Griffiths, M. R.
other author:	Lucas, J. R.
Published:	London :Palgrave Macmillan UK :2016.
Description:	xv, 281 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	EconomicsMoral and ethical aspects.
Online resource:	http://dx.doi.org/10.1057/978-1-137-54187-1
ISBN:	9781137541871$q(electronic bk.)

Value economicsthe ethical implications of value for new economic thinking /
Griffiths, M. R.

Value economicsthe ethical implications of value for new economic thinking /[electronic resource] :by M. R. Griffiths, J. R. Lucas. - London :Palgrave Macmillan UK :2016. - xv, 281 p. :ill., digital ;24 cm.

1. Economics as a Moral Science -- 2. Cooperation and Facilitation -- 3. Money as 'Encapsulated Choice' -- 4. The Moneyed Society -- 5. Boom or Bust -- 6. Work and Employment -- 7. Economic Value and Intrinsic Value -- 8. Relating Economic Value to Executive Compensation -- 9. Regulation and Control of Economic Value -- 10. Corporate Social Responsibility and Business Ethics -- 11. Philosophy of Economics and Business Ethics -- 12. New Economic Thinking and Economic Justice.

The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis?

ISBN: 9781137541871$q(electronic bk.)

Standard No.: 10.1057/978-1-137-54187-1doiSubjects--Topical Terms:

175487
Economics
--Moral and ethical aspects.

LC Class. No.: HB72 / .G75 2016

Dewey Class. No.: 174.9339

Value economicsthe ethical implications of value for new economic thinking /
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505 0 $a 1. Economics as a Moral Science -- 2. Cooperation and Facilitation -- 3. Money as 'Encapsulated Choice' -- 4. The Moneyed Society -- 5. Boom or Bust -- 6. Work and Employment -- 7. Economic Value and Intrinsic Value -- 8. Relating Economic Value to Executive Compensation -- 9. Regulation and Control of Economic Value -- 10. Corporate Social Responsibility and Business Ethics -- 11. Philosophy of Economics and Business Ethics -- 12. New Economic Thinking and Economic Justice.
520 $a The last financial crisis revealed a gap between business practice and ethics. In Value Economics, Griffiths and Lucas examine some of the reasons for this ethical gap and discuss the resulting loss of confidence in the financial system. One of the reasons has been hazy or inadequate thinking about how we value economic enterprises. With the close link between the creation of value and business ethics in mind, this book proposes that economic value should become the basic metric for evaluating performance in the creation of value, and for establishing fair and reasonable standards for executive compensation. Value Economics considers a number of rational philosophical principles for business management, on which practical codes of business ethics can be based. As the creation of value has moral implications for economic justice, the book reaffirms the argument for economics as a moral science, and seeks, within the context of proposed changes in the regulation and control of financial services, to answer the following question: will things really change after the last financial crisis?
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