Business Ethics and the Austrian Tradition in Economics

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Are concepts such as stakeholder value, corporate social responsibility, sustainability sufficiently clear for fruitful research in business ethics? What is the benchmark to prove their utility? This book is a treatise on fundamental questions of business ethics and addresses significant shortcomings in this field. It is the result of correlating reflections on phenomena, resulting from an intersection of ethics, economy and political philosophy. Drawing on the works of Hayek, Popper and Menger, Bouillon develops a new definition of morally just economic action and subsequently uses it as yardstick to test relevant concepts and topics in business ethics.