Cover image for Just business : business ethics in action
Just business : business ethics in action
Sternberg, Elaine.
Personal Author:
Second edition.
Publication Information:
Oxford ; New York : Oxford University Press, 2000.
Physical Description:
xviii, 302 pages ; 25 cm
General Note:
Previous ed.: London : Little, Brown, 1994.
Subject Term:

Format :


Call Number
Material Type
Home Location
Item Holds
HF5387 .S717 2000 Adult Non-Fiction Central Closed Stacks

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Just Business provides a thorough and invaluable framework for those facing questions of business ethics and corporate governance. What are business's proper responsibilities? Is bribery ever moral? When are takeovers and redundancy ethical? Every business needs to know.
Featuring a central Ethical Decision Model that is both theoretically powerful and widely applicable, Just Business explains why being ethical is fully compatible with doing business, discusses what business has to do in order to be ethical, and looks at how properly structured systems can promote ethical business conduct that maximizes owner value.
Highly accessible and with global appeal, Just Business is essential reading for students of business, ethics, law, and economics, and an invaluable tool for everyone who has contact with the business world.

Author Notes

Elaine Sternberg is a Research Fellow of the Centre for Business and Professional Ethics, University of Leeds, and Principal of Analytical Solutions, a consultancy firm specialising in business ethics and corporate governance. During her career to date, she has spent fourteen years as an investment banker in London, New York, and Paris; founded and ran two multi-million-pound profitable businesses; and has also lectured on business ethicsat the London Business School.

Reviews 1

Choice Review

Sternberg's academic background (a PhD in philosophy) and business experience (14 years in investment banking) add considerable credibility to her "Ethical Decision Model," a four-step framework to be used for resolving questions of business ethics. However, the reader must first accept her definition that "an organization is a business if its objective is maximising long-term owner value." Within that definition, "a business acts ethically if its actions are compatible with that aim and with distributive justice and ordinary decency." Readers conversant with Aristotelian theory may be able to judge the philosophical validity the author claims for her thesis, including the concept of distributive justice. Business practitioners who accept the author's definition of business will find the chapters applying the thesis to personnel, finance, and corporate governance issues to be sensible and appealing. However, there is little here for undergraduate or MBA-level students or for faculty who teach and conduct research in business ethics; for this reason, it is not recommended for academic business collections. Most appropriate for professional libraries. M. S. Myers Carnegie-Mellon University

Table of Contents

Introduction: What Makes this Book Distinctive?
Section 1 The Conceptual Framework
1 The Importance of Business Ethics
2 The Nature of Business
3 The Business of Ethics
Section 2 Resolving Ethical Perplexities
4 Ethical Implications
5 The Ethical Enterprise
6 Personnel
7 Finance
Section 3 Ethical Direction
8 Corporate Governance
9 Ethical Accountability
10 Morals and Markets