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The professional status of business
Ardagh, David
Ardagh, David
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Abstract
Professions, professionals, and professional organisations can be broadly located within a “statewelfare-capitalist”(SWC) system (Shaw and Barry 2001) in Neo-Aristotelian ethical terms by reference to the fact that the professional provides some public human good or normatively warranted human needsatisfier in a distinctive virtuous way. Twenty-plus further marks of this “way” are canvassed. The question is posed whether, given the identified marks, business practice is, could be, or should be professionalised. Despite claims to the contrary,(Solomon1993), business as a practice, business people, and business organisations are not now professional (s), in the normative sense identified here. It is argued, however, using Dine’s so-called “dual concession theory” of corporations (Dine,2000) that, provided certain radical policy reforms in identifying economic units within corporate groups were made, based on European Council Directives requiring proper structures of corporate self-governance, and reflected at global level in treaties, then businesses could be made to acquire many of the missing essential marks of “self-governance,” except monopoly rights
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2004
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