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Author(s)
Hou, Shengtian
Keywords
values
stakeholder
responsibility
GE Subjects
Economic ethics

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URI
http://hdl.handle.net/20.500.12424/190679
Abstract
Competition exists everywhere in business as well as in our daily life. The positive value of competition by which millions of people live their daily occupations is recognized as a latent energy lies at the heart of many economies of the world. Competition is a powerful driver of responsibility, and many other workers of regulated industries, monopolies and public administration, or government are less accountable to positive social or economic forces. However, Paolo D‘Anselmi indicated that tapping the energy of competition is a difficult task. In fact, competition is quite often preceded by a ―cut-throat‖, hence cut-throat competition. Thus economic units subject to competition fail to bring that value to bear in the social and political arena and thus fail to turn their weakness – being subject to competition - into an opportunity.
Date
2011
Type
Article
Copyright/License
With permission of the license/copyright holder
Collections
Journal of International Business Ethics
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