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KANT'S ETHICS AS A SOLUTION TO SHORTCOMINGS OF THE STOCKHOLDER AND THE STAKEHOLDER THEORIES IN INFORMING BUSINESS

datacite.subject.fosHumanities::Arts (arts, history of arts, performing arts, music)
dc.contributor.authorSamanga, Joseph Rutendo
dc.cosupervisor81abf089-48f1-4b74-9f4f-111a37626c76
dc.date.accessioned2025-09-11T08:32:55Z
dc.date.available2025-09-11T08:32:55Z
dc.date.issued2024-09
dc.descriptionA Dissertation submitted to the Department of Philosophy in partial fulfillment of the requirements for the award of Degree of Master of Arts in Applied Ethics
dc.description.abstractThe aim of this study is to demonstrate that Kant’s ethics provides an excellent deontological approach to business ethics, capable of militating against the moral decadence currently obtaining in business. Kant’s ethics is centred on the transcendental precepts of good will, reason, duty, autonomy, self-legislation and universalisability. These moral precepts provide a valiant moral toolbox for self-examination, self-legislation and self-governance in decision making. Mainstream business has long struggled to model ethical behavior as evidenced by scandals such as the Enron Crisis (2001), Financial Crisis (2007-2008), Cashgate Scandal in Malawi (2013-2014), The Gupta state capture allegations in South Africa), the Zuneth Sattar corruption allegations in Malawi, the Affordable Input Program (AIP) scandal in Malawi, money laundering, shady cryptocurrency business and commercial surrogacy among other vices. Arguably most of the ethical challenges cannot be solved from experience but through a priori knowledge. The study is of the view that Friedman’s stockholder and Freemans’s stakeholder theories of Corporate Social Responsibility have failed to respond to the emerging changing scope and nature of social responsibility. The moral erosion and the attendant reputational carnage and moral vacuum in business bear testimony to the shortcomings of these two theories. Friedman is faulted for promoting avarice in business, while Freeman’s ‘one-size fits all’ approach is faulted for ‘socialising’ the corporation. In addition, Corporate Social Responsibility itself has become somehow ‘enforced’, cosmetic and a tool for ‘image laundering’ or ‘image cleansing’. It is against this background that the study seeks to demonstrate that Kant’s ethics can provide a moral reset and a solution to the shortcomings of the stockholder and stakeholder theories. Kant’s ethics can ‘moralise’ the corporation, advance shared universal values in business to avert an acute ‘moral failure’ in business. The study becomes critical given that trust and confidence are essentially pivotal in business. Furthermore, there is growing acknowledgement that the values of business are also increasingly becoming the values of society.
dc.identifier.urihttps://dspace.unima.ac.mw/handle/123456789/1400
dc.language.isoen
dc.schoolscentersoptions760efd5b-030c-46cd-aedd-cd192bb0b26d
dc.subjectKant’s ethics
dc.subjectBusiness ethics
dc.subjectUniversalisability
dc.subjectSelf-legislation
dc.subjectSelf-governance
dc.subjectSelf-examination
dc.subjectImage cleansing
dc.subjectMoney laundering
dc.subjectCommercial surrogacy
dc.subjectAffordable Input Program
dc.subjectCryptocurrency business
dc.supervisor5156e58e-4286-401e-86ee-1ecdfbd353a8
dc.titleKANT'S ETHICS AS A SOLUTION TO SHORTCOMINGS OF THE STOCKHOLDER AND THE STAKEHOLDER THEORIES IN INFORMING BUSINESS
dc.typetext::thesis::master thesis
dspace.entity.typePublication
oairecerif.author.affiliationUniversity of Malawi

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