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Moral Agency, Profits and the Firm: Economic Revisions to the Friedman Theorem

Sigmund Wagner-Tsukamoto

Journal of Business Ethics · 2007 · Volume 70 · Issue 2

DOI: 10.1007/s10551-006-9106-5

Abstract

Dr. Sigmund Wagner-Tsukamoto is researcher in business ethics at the School of Management of the University of Leicester, UK. He holds two doctorates, one in social studies from the University of Oxford, UK, and one in economic studies from the Catholic University of Eichstaett, Germany. He has widely published on green consumerism and institutional economic issues that concern organization theory and business ethics theory. His publications include the books Understanding Green Consumer Behaviour (Routledge, 1997 & 2003) and Human Nature and Organization Theory (Edward Elgar, 2003).

Keywords

active/passice moral agency, economic analysis, ethical capital, Friedman theorem, three levels of moral agency, Stakeholder theory

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