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Models of Management Morality for the New Millennium

  • Archie B. Carroll


This paper is the presidential address to the Society for Business Ethics presented during its annual meeting in Chicago, Illinois, on August 7, 1999. The paper discusses three models of management morality and considers their applicability for thinking about business ethics in the new millennium. The moral management model, in particular, is discussed in contrast to the moral market model, which was presented in the previous year’s presidential address by John Boatright. Immoral Management, Moral Management, and Amoral Management are considered and two hypotheses about the presence of amorality within the management population and individual managers are reflected upon.



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Boatright, John R. 1998. “Does Business Ethics Rest on a Mistake?” Presidential Address to the Society for Business Ethics, San Diego, CA, August 69, 1998, Business Ethics Quarterly 9 (1999): 583591.
Carr, Albert Z. 1968. “Is Business Bluffling Ethical?” Harvard Business Review 46: 1.
Carroll, Archie B. 1987. “In Search of the Moral Manager.” Business Horizons, March-April, pp. 715.
Carroll, Archie B. 1991. “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders.” Business Horizons 34: 3948.
Carroll, Archie B. 1995. “Stakeholder Thinking in Three Models of Management Morality: A Perspective with Strategic Implications.” In Understanding Stakeholder Thinking, ed. Nasi, Juha, pp. 4774. Helsinki: LSR Publications.
Carroll, Archie B. and Buchholtz, Ann K. 2000. Business and Society: Ethics and Stakeholder Management, 4th Edition. Cincinnati: South-Western College Publishing.
Ciulla, Joanne. 1998. Ethics, The Heart of Leadership. Westport, Conn.: Praeger Publishers.
DeGeorge, Richard T. 1999. Business Ethics, 5th Edition. Upper Saddle River, N.J.: Prentice-Hall.
Freeman, R. Edward. 1984. Strategic Management: A Stakeholder Approach. Boston: Pitman.
Paine, Lynn Sharp. 1994. “Managing for Organizational Integrity.” Harvard Business Review, March-April, pp. 106117.
Werhane, Patricia H. 1999. Moral Imagination and Management Decision Making. New York: Oxford University Press.
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Business Ethics Quarterly
  • ISSN: 1052-150X
  • EISSN: 2153-3326
  • URL: /core/journals/business-ethics-quarterly
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