Management is the only group that stands to gain if the merger is thwarted. The translation is accompanied by sarah broadies detailed linebyline commentary, which brings out the subtlety of aristotles thought as it develops from moment to moment. Aristotle nicomachean ethics translated by joe sachs 1 read book online for free. At last a complete translation of aristotles classic that is both faithful and readable. Joe sachs focus philosophical librarys edition of aristotles nicomachean ethics is a lucid and useful. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Pdf the role of business ethics in merger and acquisition. Mergers and acquisitions with a reference to ethical. In this volume, joe sachs translator of aristotles physics and metaphysics supplements his excellent translation with wellchosen notes and a glossary of important terms.
Aristotle joe sachs focus philosophical librarys edition of aristotles nicomachean ethics is a lucid and useful translation of one of aristotles major works for the student of undergraduate philosophy, as well as for. Nicomachean ethics sachs edition focus philosophical. Partial utilitarianism as a suggested ethical framework for evaluating corporate mergers and acquisitions. Aristotle translated, with introduction and notes, by joe sachs. Use features like bookmarks, note taking and highlighting while reading nicomachean ethics focus philosophical library. Of all the things that aristotle spoke and wrote aboutand there are a lot, from politics to the arts and scienceshes best known by modern audiences for his answer to a basic human question. Achieving merger success requires accomplishment in six factors. In addition to nicomachean ethics, he has translated aristotles physics, metaphysics, and on the soul and, for the focus philosophical library, aristotles poetics, and platos theaetetus and republic. Failure of any one of the six can impede the achievement of merger goals. Profitmaximization, understood as an obligation, rather than as an expression of selfinterest, provides a perfectly legitimate platform for the development of a robust moral code.
Nicomachean ethics aristotle oxford university press. He has translated aristotles physics, metaphysics, on the soul, and, for the focus philosophical library, aristotles nicomachean ethics and poetics, platos theaetetus, republic, and gorgias, a collection of platos dialogues entitled socrates and the. Shareholders and business ethics by david mackrory on prezi. Ethical dilemmas during mergers, acquisitions, and takeovers. Ethical and legal issues 3 neglected in an institutional shareholder power.
Aristotle nicomachean ethics translated by joe sachs 1 plato. Nicomachean ethics sachs edition focus philosophical library. Aristotles nicomachean ethics focus philosophical library. They combine a rare sensitivity to aristotles use of the greek language with an english style that is. Life led by masses of men, happiness identified with sensual pleasure thought to be vulgar and little better than brute animals. There are many ethical and legal issues involved in the process of mergers and acquisitions. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. In the practical syllogism, as aristotle says nicomachean ethics, vii, 3, p. Nicomachean ethics focus philosophical library kindle edition by aristotle, sachs, joe, joe sachs. Ethics and compliance in mergers and acquisitions legal. The organisational world is still shaking from the impact of individual and organisational actions that are contrary to the openended community standards of ethics. This edition includes notes and a glossary, intending to provide the reader with some sense of the terms and the concepts.
Through his striking translations of key terms, sachs compels the reader to think more deeply about platos intent. With the recent rash of mergers and friendly and unfriendly takeovers, two important issues have not received sufficient attention as questionable ethical practices. Free courses taught by hillsdale college faculty to pursue knowledge of the highest things, form character, and defend constitutional government. It is commonly thought that virtues, according to aristotle, are habits and that the good life. We have already said 1 that it is right to choose the mean and to avoid excess and deficiency, and that the mean is prescribed by the right principle. Perfect for acing essays, tests, and quizzes, as well as for writing lesson plans. They combine a rare sensitivity to aristotles use of the greek language with an english style that is straightforward and imaginative. This is a major translation of a seminal book in ethics. Some issues that have been discussed recently are the ethical propriety, tactics, antitrust issues, rights of bondholders of both merging companies, and the rights of individual stockholders. Mergers and acquisitions with a reference to ethical, social. All human actions and choices aim at some good, which may be defined as the end or object of that action or choice.
We all want to know the answer to that one and aristotle pondered this question long and hard. A summary of book v in aristotles nicomachean ethics. Nicomachean ethics focus philosophical library kindle. The business of ethics is to state them clearly, examine their apparent contradictions, discard such parts of them as really refute each other, and elicit the common residuum of truth. The management team of the target company might view the acquisition offer with hostility because they will lose control of the company. This work presents the nicomachean ethics in a fresh english translation by christopher rowe that strives to be meticulously accurate yet also accessible. Some can be controlled easily through careful design and implementation, while others are more challenging due to numerous external forces. The former image is suggested by the preceding words, but the latter perhaps is a better metaphor for that avoidance of the too much and the too little which, according to aristotle, constitutes right conduct. However, two important issues have not surfaced as questionable practices deriving from mergers and takeovers, one having to do with the rights of employees in mergers and the second concerning the responsibilities of shareholders during these activities werhane, 1998.
It appears that in the 30 years that business ethics has been a discipline in its own right a model of business ethics has not been proffered. Some overlooked ethical issues in acquisitions and mergers. Joe sachs focus philosophical librarys edition of aristotles nicomachean ethics is a lucid and useful translation of one of aristotles major works for the student of undergraduate philosophy, as well as for. The merger mania of the 1980s put top corporate management on the defensive as predators sought takeover targets. Focus philosophical librarys edition of aristotles nicomachean ethics is a lucid and useful translation of one of aristotles major works for the student of undergraduate philosophy, as well as for the general reader interested in the major works of western civilization. Mergers and acquisitions with a reference to ethical, social and human resource.
There are many ethical and legal issues involved in the. Two ethical issues in mergers and acquisitions springerlink. A practical guide to management ethics jewish ethics and halakhah for our time. Ethical and regulatory issues facing the telecommunications industry president clinton signed the telecommunications act of 1996 into law in february 1996. Hence a young man is not a proper hearer of lectures on political science. This study guide consists of approximately 44 pages of chapter summaries, quotes, character analysis, themes, and more everything you need to sharpen your knowledge of nicomachean ethics. The law modified earlier legislation, primarily the communications act of 1934.
Some overlooked ethical issues in acquisitions and mergers by. Sachss outstanding new translation of platos theaetetus is lucid, readable, and faithful to the original. Corporate mergers and acquisitions are undertaken with the belief that the combined companies will be able to grow more rapidly and be competitively stronger than they were as independent companies. A market failures approach to business ethics final. Nicomachean ethics aristotle mcmaster faculty of social. Cliffsnotes on aristotles ethics explores the ancient greek philosopher and scientists writings on ethics, particularly his analyses of character, pleasure, courage, friendship, and intelligence as. In 1998, the new hampshire attorney general challenged the trans.
Cliffsnotes on aristotles ethics explores the ancient greek philosopher and scientists writings on ethics, particularly his analyses of character, pleasure, courage, friendship, and intelligence as ingredients. Nicomachean ethics the nicomachean ethics of aristotle combating corruption, encouraging ethics. The nicomachean ethics fits within the tradition of moral inquiry known as virtue ethics because of its emphasis on the importance of developing moral or character virtues in order to be good and. Dec 14, 2011 joe sachs taught for thirty years at st. Up to 50 percent of top management loses their jobs within three years of a takeover, according to one report 20.
Chapter summary for aristotles nicomachean ethics, book 5 summary. Its generally believed a mans idea of happiness and the good comes from the type of life he leads there are three types. Johns college, annapolis for the stanford encyclopedia of philosophy standard interpretations of aristotles nichomachean ethics usually maintain that aristotle emphasizes the role of habit in conduct. The role of business ethics in merger and acquisition success. The management teams of both companies face ethical dilemmas prior to beginning the merger, as negotiations proceed and. The legislation regulates broadcasting by overtheair. Aristotles nicomachean ethics focus philosophical library series. Although employees are drastically affected by a merger or an. A summary of book iii in aristotles nicomachean ethics. Nicomachean ethics cambridge texts in the history of philosophy. No one appears to have tried to explain the phenomenon known as business ethics and the ways that we as a society interact with the. Building on the strengths of the first edition, the second edition of the irwin nicomachean ethics features a revised translation with little editorial intervention, expanded notes including a summary of the argument of each chapter, an. They might lose their executive positions as well when the other companys team takes over.
An empirical study article pdf available in journal of business ethics 691 january 1992 with 2,031 reads how we measure reads. Sachss translations of aristotle are truly exemplary. Ethical dilemmas during mergers, acquisitions and takeovers. With regards to justice and injustice we must 1 consider what kind of actions they are concerned with, 2 what sort of mean justice is, and 3 between what extremes the just act is intermediate. Learn exactly what happened in this chapter, scene, or section of nicomachean ethics and what it means. To be a competent student of ethics, its necessary to have had a good moral upbringing, as ethics begins with fact. More than that, it is a translation for the thoughtful reader. Get free homework help on aristotles nicomachean ethics. One has to do with the rights of employees affected in mergers and acquisitions and the second concerns the responsibilities of shareholders during these activities. Aristotles nicomachean ethics focus philosophical library series aristotle, joe sachs on. A company might decide to acquire a company that is not for sale. Nicomachean ethics5 good judge of that subject, and the man who has received an allround education is a good judge in general. Download it once and read it on your kindle device, pc, phones or tablets. There are as many kinds of ends as there are kinds of activity and the ends may vary, depending on the particular activity being studied e.
The role of business ethics in merger and acquisition. Hostile takeover activity has dissipated in recent years, for a variety of reasons, but the ethical issues surrounding acquisitions and mergers and the ethically questionable conduct that is often involved remain as relevant as ever. In the case of each of the moral qualities or dispositions that have been discussed, as with all the other virtues also, there is a certain mark to aim at, on which the man who knows the principle. An empirical study carol yehyun lin yuchen wei abstract. Youre about to go for a severalthousandyearold rideand aristotle aint going to make it easy for you. Find a summary of this and each chapter of nicomachean ethics.
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