The fourth wave: The ethics of corporate downsizing
- ISSN: 1052150X
- DOI: 10.2307/3857476
While the business ethics literature has devoted a tremendous amount of discussion in recent years to the question of whether the corporate manager has obligations to parties other than shareholders, it has failed to apply any of its insights to particular ethics concerns. This leaves the corporate manager with almost no guidance for resolving particular dilemmas he or she encounters. The gulf between theory and practice is bridged by focusing on the issue of corporate downsizing. It is argued that corporate downsizing is, in many instances, morally contentious.