In this thesis, I examine the concepts of capitalism, utilitarianism, stakeholder theory as well as the meaning of purpose within business. I do this, because I want to figure out why businesses have such a bad reputation in our modern world. Businesses ought to create benefits for our society, if they fail to do so, it would be a massive loss to the wellbeing of our society. More so, it would mean we have fundamentally misunderstood the ethical potential within business.
Therefore, I go through different iterations of concepts closely aligned to ethical business, in order to become more aware of the apparent issues, before I ultimately use stakeholder theory in an attempt to consolidate the broken relationship between our interpretation of business, and their inherent purpose and reason for existence. This paper is purely theoretical in nature, and its foundation is the method of philosophical investigation, with the field of operations being that of a socio-economic scale, with business in the epicentre.
|Educations||Msc in Business Administration and Philosophy, (Graduate Programme) Final Thesis|
|Number of pages||50|
|Supervisors||Morten Sørensen Thaning|