Globalization and Responsibility: Challenges and Opportunities

By Stefan Litz.

Published by Global Studies, a book imprint by Common Ground Publishing

Format Price
Book: Electronic $US15.00
Book: Print $US40.00

This book provides students and scholars with a collection of thought provoking contributions focusing on the nexus of globalization and responsibility. With a concise introduction to the globalization debate and an overview of business corporations’ role in globalization’s multifaceted processes, the essays in the volume address a wide range of pressing issues concerning challenges and opportunities for responsible business and management. Some provocative arguments in the essays touch upon the dimension of morality and the issue of potential and actual (in)justice resulting from the global economic development. Incorporating respect for human rights into corporate governance and making it a worldwide standard practice is of pivotal importance. To this end, contributors in this book argue that corporate governance should be made more transparent by expanding accountants' roles to include a report on corporate activities relating to human rights protection.

But despite the various fundamental challenges for business and management, such as addressing how to combat poverty and injustice, it is also argued with reference to Spinoza’s Ethics that profit-seeking in business should not be regarded as inherently immoral or unethical. Other essays in the book further explore the complex social-psychological foundation and conditions for responsible individual behavior in relation to business ethics. Drawing on Maslow's famous "Hierarchy of Needs" the psycho-moral foundation of self-transcendent behaviour is further explored as the difficulty of taking the perspective of “Others” is discussed. The book ends with a positive note suggesting that the egoistic utility maximization seeking motive, the bedrock of the conceptualization of the homo oeconomicus, may in fact provide the key for ensuring responsible individual behavior if it is embedded in the idea of love.

Book: Electronic (PDF File; 5.467MB). Book: Print (Paperback). Published by Global Studies, a book imprint by Common Ground Publishing.

Dr. Stefan Litz

Associate Professor, Schwartz School of Business, Department of Business Administration, St. Francis Xavier University, Antigonish, Nova Scotia, Canada

Dr. Stefan Litz is associate professor of management in the Schwartz Business School at St. Francis Xavier University (Canada). He holds a PhD from the University of Konstanz and an MPhil from the London School of Economics (LSE). Before joining St. FX in Canada, he taught at universities in Germany including the University of Hamburg, Heidelberg University and the University of Konstanz. His research and teaching expertise lies in the area of globalization studies, organizational studies, organizational theory, human resource management, career dynamics, organizational behaviour, and business ethics as well as corporate social responsibility.