ABSTRACT

This chapter summarizes, schematically, several of the outstanding theories of management. It draws some distinctions between various theories of normative ethics. The chapter addresses two topics at the theoretical intersection of management and ethics: moral monism versus moral pluralism, and the degree to which management conduct is guided by considerations of rationalized theories. It focuses on treating the state of the discipline regarding the critical importance of understanding the organized complexity of theoretical issues in management ethics. One theoretical issue of management ethics is the difference between moral monism and limited moral pluralism. Moral monism maintains that moral conduct is and ought to be determined on the basis of a single management theory linked to a single ethics theory. Management and ethics theories matter to managerial moral performance. Increased awareness of the opportunities and challenges presented by theoretical issues in management ethics can contribute to improved managerial moral performance in the future.