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A New Institutional Economics Perspective on Industry Self-RegulationImplications of the Institutional Perspective

A New Institutional Economics Perspective on Industry Self-Regulation: Implications of the... [It shall be recalled what is meant by unethical: Practices in an industry – in the broadest sense the production and selling of goods and services – are deemed as unethical when some (or all) of the parts of society in which these firms are embedded in feel that these practices violate their moral norms and standards. If an industry or parts thereof now try to eliminate these practices “from within”, that is, by introducing policy that is solely formulated and executed by the firms themselves, when can it be expected that the industry is actually able to solve the ethical problems that it is accused of?] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A New Institutional Economics Perspective on Industry Self-RegulationImplications of the Institutional Perspective

Sammeck, Jan
Springer Journals — Nov 5, 2011
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Publisher
Gabler Verlag
Copyright
© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2012
ISBN
978-3-8349-3541-0
Pages
133 –143
DOI
10.1007/978-3-8349-3542-7_5
Publisher site
See Chapter on Publisher Site

Abstract

[It shall be recalled what is meant by unethical: Practices in an industry – in the broadest sense the production and selling of goods and services – are deemed as unethical when some (or all) of the parts of society in which these firms are embedded in feel that these practices violate their moral norms and standards. If an industry or parts thereof now try to eliminate these practices “from within”, that is, by introducing policy that is solely formulated and executed by the firms themselves, when can it be expected that the industry is actually able to solve the ethical problems that it is accused of?]

Published: Nov 5, 2011

Keywords: Institutional Environment; Normative Belief; Individual Firm; Moral Conviction; Unethical Practice

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