Ethics of Du Pont's CFC Strategy 1975–1995

Author: Smith B.

Source: Journal of Business Ethics, Volume 17, Number 5, April 1998 , pp. 557-568(12)

Publisher: Springer

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Abstract:

The ethics of Du Pont's CFC strategy from 1975 to 1995 are analyzed using a Potter's Box framework. This approach includes an examination of relevant facts, prioritization of stakeholder loyalties, selection of a mode of ethical reasoning, and a world view. Du Pont's approach to ethical reasoning reflects changing facts and changing interpretation of the facts, a focus on shareholders as the primary and most important stakeholder, and ends-based reasoning, which views creating shareholder value as the primary end. An alternative approach is proposed, based on analysis of Du Pont's and stakeholders' needs.

Language: English

Document Type: Regular paper

Affiliations: 1: 87 Cherry Street, Cambridge, MA 02139, U.S.A.

Publication date: 1998-04-01