The Political Economy of Business Ethics in East Asia

The Political Economy of Business Ethics in East Asia

Author: Ingyu Oh

Publisher: Chandos Publishing

Published: 2016-09-28

Total Pages: 178

ISBN-13: 0081006950

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The Political Economy of Business Ethics in East Asia: A Historical and Comparative Perspective deals with modes of ethical persuasion in both public and private sectors of the national economy in East Asia, from the periods of the fourteenth century, to the modern era. Authors in this volume ask how, and why, governments in pre-modern Joseon Korea, modern Korea, and modern Japan used moral persuasion of different kinds in designing national economic institutions. Case studies demonstrate that the concept of modes of exchange first developed by John Lie (1992) provides a more convincing explanation on the evolution of pre-modern and modern economic institutions compared with Marx's modes of production as historically-specific social relations, or Smith's free market as a terminal stage of human economic development. The pre-modern and modern cases presented in this volume reveal that different modes of exchange have coexisted throughout human history. Furthermore, business ethics or corporate social responsibility is not a purely European economic ideology because manorial, market, entrepreneurial, and mercantilist moral persuasions had widely been used by state rulers and policymakers in East Asia for their programs of advancing dissimilar modes of exchange. In a similar vein, the domination of the market and entrepreneurial modes in the twenty-first century world is also complemented by other competing modes of change, such as state welfarism, public sector economies, and protectionism. - Compares Chinese, Japanese, and Korean business ethics from a comparative and historical context - Explores recent theoretical approaches to capitalist development in modern history in non-Western regions - Discusses the theoretical usefulness of new institutionalism, modes of exchange, and neoclassical discussions of business ethics - Evaluates historical texts in their own languages in its attempt to compare Chinese, Japanese, and Korean business ethics in the pre-modern and modern times


Business Ethics in East Asia

Business Ethics in East Asia

Author: Chris Rowley

Publisher: Routledge

Published: 2018-07-26

Total Pages: 198

ISBN-13: 1315455714

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For organisations and management the role of business ethics is of key importance, but to what extent business ethics are actually new or fashionable or universally applicable are interesting questions. Asia has been the site of contests between competing economic and ethical views of how economic norms and institutions are organized. This book examines the evolutionary similarities and differences of institutionalizing business ethics in Asia in a historical context and in comparison to better-explored business ethics literature, both empirically and theoretically. This collection uses both historical and contemporary cases in Japan, Korea and China to show that these countries have tried to balance their traditional business ethics norms and values with those that have been introduced from the West. Underpinning the case studies is the fact that these countries have historically pursued ethical mandates in running private corporations, although corruptive practices were also rampant during different historical periods.


Ethical Business Cultures in Emerging Markets

Ethical Business Cultures in Emerging Markets

Author: Alexandre Ardichvili

Publisher: Cambridge University Press

Published: 2017-10-26

Total Pages: 343

ISBN-13: 1107104920

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This study examines the intersection of human resource development and human resource management with ethical business cultures in developing economies, and addresses issues faced daily by practitioners in these countries. It is ideal for scholars, researchers and students in business ethics, management, human resource management and development, and organization studies.


Economic Growth and Financial Development

Economic Growth and Financial Development

Author: Muhammad Shahbaz

Publisher: Springer Nature

Published: 2021-09-21

Total Pages: 245

ISBN-13: 3030790037

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This book looks into the relationship between financial development, economic growth, and the possibility of a potential capital flight in the transmission process. It also examines the important role that financial institutions, financial markets, and country-level institutional factors play in economic growth and their impact on capital flight in emerging economies. By presenting new theoretical insights and empirical country studies as well as econometric approaches, the authors focus on the relationship between financial development and economic growth with capital flight in the era of financial crisis. Therefore, this book is a must-read for researchers, scholars, and policy-makers, interested in a better understanding of economic growth and financial development of emerging economies alike.


Business and Human Rights in Southeast Asia

Business and Human Rights in Southeast Asia

Author: Mahdev Mohan

Publisher: Routledge

Published: 2014-09-25

Total Pages: 240

ISBN-13: 1317964306

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Business and human rights has emerged as a distinct field within the corporate governance movement. The endorsement by the United Nations Human Rights Council of a new set of Guiding Principles for Business and Human Rights in 2011 reinforces the State’s duty to protect against human rights abuses by third parties, including business; the corporate responsibility to respect human rights; and greater access by victims to effective remedy, both judicial and non-judicial. This book draws on the UN Guiding Principles and recent national plans of action, to provide an overview of relevant developments within the ASEAN region. Bridging theory and practice, the editors have positioned this book at the intersection of human rights risk and its regulation. Chapter authors discuss the implications of key case-studies undertaken across the region and various sectors, with a particular focus on extractive industries, the environment, and infrastructure projects. Topics covered include: due diligence and the role of audits; businesses’ responsibilities to women and children; and the mitigation of human rights risks in the region's emerging markets. The book sheds light on how stakeholders currently approach business and human rights, and explores how the role of ASEAN States, and that of the institution itself, may be strengthened. In doing so, the book identifies critical challenges and opportunities that lie ahead for the region in relation to business and human rights. This book will be of excellent use and interest to scholars, practitioners and students of human rights, business and company law, international law, and corporate governance.


International Business Ethics

International Business Ethics

Author: Georges Enderle

Publisher:

Published: 1999

Total Pages: 464

ISBN-13:

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International Business Ethics: Challenges and Approaches, edited by Georges Enderle, is a pioneer in this widely uncharted field of international business ethics. This volume includes the work of 39 contributors, half of them from non-Western countries, first presented at the First World Congress of Business, Economics, and Ethics hosted by Reitaku University and the Institute of Moralogy in Japan. Together, their articles paint an extraordinarily rich multidisciplinary picture of international business ethics as it evolves, and delineate the contours of how international business ethics may develop at the turn of the millennium.


Confucian Traditions in East Asian Modernity

Confucian Traditions in East Asian Modernity

Author: Weiming Tu

Publisher: Harvard University Press

Published: 1996

Total Pages: 436

ISBN-13: 9780674160873

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Seventeen scholars from varying fields here consider the implications of Confucian concerns--self-cultivation, regulation of the family, social civility, moral education, well-being of the people, governance of the state, and universal peace--in industrial East Asia.


Confucian Capitalism

Confucian Capitalism

Author: John H. Sagers

Publisher: Springer

Published: 2018-07-20

Total Pages: 256

ISBN-13: 3319763725

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With the life story of Shibusawa Eiichi (1840–1931), one of the most important financiers and industrialists in modern Japanese history, as its narrative focal point, this book explores the challenges of importing modern business enterprises to Japan, where the pursuit of profit was considered beneath the dignity of the samurai elite. Seeking to overturn the Tokugawa samurai-dominated political economy after the Meiji Restoration, Shibusawa was a pioneer in introducing joint-stock corporations to Japan as institutions of economic development. As the entrepreneurial head of Tokyo’s Dai-Ichi Bank, he helped launch modern enterprises in such diverse industries as banking, shipping, textiles, paper, beer, and railroads. Believing businesses should be both successful and serve the national interest, Shibusawa regularly cautioned against the pursuit of profit alone. He insisted instead on the ‘unity of morality and economy’ following business ethics derived from the Confucian Analects. A top leader in Japan’s business community for decades, Shibusawa contributed to founding the Tokyo Stock Exchange, the Tokyo Chamber of Commerce, and numerous educational and philanthropic organizations to promote his vision of Confucian capitalism. This volume marks an important contribution to the international debate on the extent to which capitalist enterprises have a responsibility to serve and benefit the societies in which they do business. Shibusawa's story demonstrates that business, government, trade associations, and educational institutions all have valuable roles to play in establishing a political economy that is both productive and humane.


East Asian Ethical Life and Socio-Economic Transformation in the Twenty-First Century

East Asian Ethical Life and Socio-Economic Transformation in the Twenty-First Century

Author: Carsten Herrmann-Pillath

Publisher: Taylor & Francis

Published: 2024-06-25

Total Pages: 263

ISBN-13: 104005109X

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This book considers ethical culture in East Asia, examines the impact it has had on economic and social transformation, and explores what effect it might have on solving current problems. It views the ethical culture of East Asia, that is, the beliefs, values, and practices that define East Asian societies’ conceptions of ethics in everyday life, as different from what pertains in the West, with more emphasis in East Asia on respect for ancestors, concern about propriety of behaviour, and notions of community. The book discusses how these particular East Asian values are being applied, for example, in family businesses, and how they might further be applied to solve current crucial challenges for humanity, such as climate change, ageing, and persistent inequality, challenges that are not being solved by an exclusive focus on economic growth alone. The book includes a consideration of ethical innovation, for example, distinct forms of ecological ethics enshrined in newly emerging economic organizations, such as social entrepreneurship.


Authoritarian Modernism in East Asia

Authoritarian Modernism in East Asia

Author: Mark R. Thompson

Publisher: Springer

Published: 2019-03-01

Total Pages: 137

ISBN-13: 1137511672

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Following Barrington Moore Jr., this book raises doubts about modernization theory’s claim that an advanced economy with extensive social differentiation is incompatible with authoritarian rule. Authoritarian modernism in East Asia (Northeast and Southeast Asia) has been characterized by economically reformist but politically conservative leaders who have attempted to learn the “secrets” of authoritarian rule in modern society. They demobilize civil society while endeavoring to establish an “ethical” form of rule and claim reactionary culturalist legitimation. With China, East Asia is home to the most important country in the world today that is rapidly modernizing while attempting to remain authoritarian.