Sunday, May 17, 2020

Self Image Self Esteem, Consumer Behavior, Personality Advertisement - Free Essay Example

Sample details Pages: 5 Words: 1589 Downloads: 10 Date added: 2017/09/12 Category Advertising Essay Did you like this example? www. imis. ac. in Study Note @ Consumer Behavior Do advertisements influence our self image and our self esteem? Some critics accuse marketers of systematically creating anxiety, promoting envy, and fostering feelings of inadequacy and insecurity to sell us their products. Marketers respond that advertising does nothing more than mirror societys values, alerts people to new products and bargains, or motivate people to switch brands. At the very worst, they say, it bores or annoys. Of course, some ads provide information useful to consumers. And advertising clearly plays a valid role in an economy based on a system of free enterprise. The question is not whether advertising is valid; clearly, it is. The concern discussed here is the relationship between the images presented in ads and our sense of self. Can ads influence what we perceive as valid roles for ourselves in our society? And can our self-image and self-esteem be influenced by advertising? What are the images that ads present? Everywhere we turn, advertisements tell us what it means to be a desirable man or woman. Ads paint limited images of what men and women can be. Don’t waste time! Our writers will create an original "Self Image Self Esteem, Consumer Behavior, Personality Advertisement" essay for you Create order Because ads are everywhere in our society, these limited images sink into our conscious and unconscious minds. In this way, ads help limit our understanding of our worth and our full potential. Ads tend to present women in limited roles. Girls and women in ads show concern about their bodies, their clothes, their homes, and the need to attract a boy or man. Seldom are women shown in work settings, business roles, or positions of responsibility and authority. Our society recognizes many valid roles for women, but this isnt always reflected in ads. Also, the girls and women in ads are presented as beautiful. But ads offer a very limited, narrow image of beauty. The advertising industry favors models with facial features that look Anglo, even if the model is Black or Hispanic. Ads also present a very thin body type as though it were the most common or most desirable body type. Researchers have found that girls and women who work as models weigh 23% less than the average female their age. And the hips of an average department store mannequin measure six inches less than that of the average young woman. Girls, women, boys, and men seeing these commercial images may be influenced to think of an ultra-thin female body as more normal or desirable than one of average weight. The extreme preoccupation with weight fostered by advertising images is reflected in the fact that 80% of 10year-old girls report having dieted and that eight million American women suffer from anorexia or bulimia, two potentially life-threatening eating disorders. In reality, many different kinds of facial features and body types are beautiful. Besides, the flawless appearance of women in ads isnt even real. Its an illusion created by makeup artists, photographers. Each image is carefully worked over. Blemishes, wrinkles, and stray hairs are Page 1 Prof. Suvendu Kr. Pratihari www. imis. ac. in airbrushed away. Teeth and eyeballs are bleached white. In some cases, the picture you see is actually made of several photos. The face of one model may be combined with the body of a second model and the legs of a third. So many of the pictures we see are artificial, manufactured images. What happens when a girl or woman compares her real self with this narrow, unreal image of perfection? She may feel unattractive. When her self-image suffers, often her self-esteem is damaged too. She then looks for ways to improve her image and self-esteem. Ads also present an image of the ideal male. Although ads targeting boys and men do not present as narrow an imaginary physical ideal as do ads targeting girls and women, they still present a very limited view of masculinity. For girls and women, body image is emphasized in most ads. For boys and men, the image emphasized is an image of attitude. Boys and young men in ads typically play the part of someone who is cool and confident, independent, even a rebel. Men in ads tend to have an aura of power, physical strength, confidence, dominance, and detachment. The implied message for the viewer is that this is the way to be cool; this is the way a young man should act. The male image shown in ads almost never includes such traits as sensitivity, vulnerability, or compassion. This may discourage boys and men from displaying these natural and desirable human traits. Ads may thus limit a boy or mans sense of what he can or should be. The actors in ads tend to be handsome, with clear complexions and hair that is perfectly combed or perfectly windblown. They are also almost always athletic. Physical or even sexual prowess is suggested in scenes of physically challenging, dangerous, or aggressive sports. The self-image of boys and men who do not exhibit these traits for example, who have normal complexions, are not athletic, and dont feel cool and confident may suffer when they watch these ads. Negative feelings about oneself, whether related to appearance or anything else, can be followed by lower self-esteem. Ads offer to sell a new self-image. Of course, the ads that injure our self-image and self-esteem dont stop there. They conveniently offer to sell a product that will solve our newly imagined problem. Consider this quote from Nancy Shalek, president of an advertising agency: Advertising at its best is making people feel that without their product, youre a loser. Kids are very sensitive to that. If you tell them to buy something, they are resistant. But if you tell them theyll be a dork if they dont, youve got their attention. You open up emotional vulnerabilities and its very easy to do with kids because theyre the most emotionally vulnerable. Another person involved in marketing, Charles Kettering, said that selling new products is about the organized creation of dissatisfaction. Many commonly accepted ideas about appearance for example, that skin should be blemish free and teeth bright white are not absolute truths. These expectations were artificially created Page 2 Prof. Suvendu Kr. Pratihari www. imis. ac. in over a period of years by those who wanted to sell certain kinds of products and promoted the idea that we needed those products if our physical appearance was to be acceptable. Lets take a closer look at this emphasis on appearance. Ads tend to convey the idea that appearance is all-important. They teach us to be self-conscious about how we look. When we grow up surrounded by ads, intense self-scrutiny may seem normal. Of course, all cultures have their own ideas about the traits that make a boy or man and a girl or woman attractive. Often these ideas are very, very different than our own. Rather, it is the level of concern with physical appearance that makes modern Americans unique. The intense concern with appearance that is so common in our culture has not been the norm in most cultures. It is an artificial concern that we have acquired from living immersed in a society dominated by commercialism. In summary, there are 4 types of self Image: 1. Actual Self Image or real self image-How Consumers in-fact see themselves. 2. Ideal Self Image-How Consumers would like to see themselves 3. Social Self Image or Reflected Self-image or Looking Glass Self Image-How consumers feel others see them. In much case, peoples actions are determined by a somewhat definite imagination of how they appear to other people: the peoples image of themselves is determined by their ideas about what other people think of them. For example, if a person cannot spell correctly, he might refuse to write and seriously hurt his chances to succeed; or he might study spelling a great deal and improve his chances for a success. If he has bad breath, he might refuse to talk or breathe around other people or he might use mouthwash, stop smoking, or not eat certain foods. Until he either imagines that someone objects to these flaws (or until someone tells him) he is likely to continue to act in what he feels to be an acceptable manner. The â€Å"Looking Glass Self† normally helps the individual to become more successful, better liked person. If, however, constant fear about other peoples opinions prevents him from achieving self-confidence, he may choose to become a social outcast. The Logic behind the name â€Å"looking glass self image†: As we see our face, figure, and dress in a mirror and are interested in them because they are ours, and pleased or otherwise with them depending on whether they are what we want them to be: so in imagination we see in someone elses mind some thought of our appearance, manners, aims, deeds, character, friends, and so on, and are affected by it. ) 4. Ideal Social Self Image-How consumers would like others to see them. It also seems useful to think in terms of two other types of self image. i. e. Page 3 Prof. Suvendu Kr. Pratihari www. imis. ac. in 5. Expected Self- how consumers expect to see themselves at some specified future time. It happens somewhere in between actual and ideal self image. It is a future oriented combination of actual and ideal self image. 6. Ought-to self- It consists of traits or characteristics that an individual believes it is his or her duty or obligation to possess. E. g. striving to achieve a deeper religious understanding or the seeking of a fair or just solution to a challenging ethical problem. Page 4 Prof. Suvendu Kr. Pratihari

Wednesday, May 6, 2020

Domestic Violence And Substance Abuse Essay - 1511 Words

Domestic Violence and Substance Abuse I decided to pick this topic because I was a victim of domestic violence, likely due to substance abuse at one point in time. Every single day was miserable and I had nowhere to go. I didn’t even know that he was using drugs. He was a few years older than me and I was naà ¯ve about what was happening. After several months, I was finally able to have my mom help me move back to Arizona. I have moved on from that chapter in my life, but I have always been curious about the relationship between domestic violence and substance abuse. Therefore, I want to find out if different drugs produce different outcomes, statistically speaking. I know that different drugs have different effects on the individual’s mental health, so I wanted to expand on that and find out the influence of different drugs on domestic violence. Honestly, I learned a lot by doing research on domestic violence and substance abuse. It has been proven by research that domestic violence perpetration is linked to drug and alcohol abuse. Men and women can either be victims or perpetrators, which contradicts the common belief that only women are victims and men are perpetrators of domestic violence. A few of the substances that I researched in relation to domestic violence are methamphetamine, cocaine, and alcohol. Of course, all of these substances can impair an individual’s mental status. Methamphetamine can cause an individual to become violent, experience mood disturbances orShow MoreRelatedSubstance Abuse And Domestic Violence Essay1670 Words   |  7 PagesIn this paper I will be addressing the correlation that is between substance abuse and domestic violence. There are many factors that play a role in why domestic violence occurs in a home; this paper will be focusing on the factor of drug abuse in particularly. Early on in the course we learned that domestic violence does not only pertain to intimate partner violence but also to child abuse, elder abuse, and any other abuse of a person that occurs with inside the home. I will be providing researchRead MoreSubstance Abuse And Domestic Violence3742 Words   |  15 Pagesseek domestic violence services, and even more who do not seek services, are dealing with substance abuse issues as well as abuse. The reasons that domestic viol ence victims begin their substance abuse vary, but can include: use as a coping mechanism in order to survive the abusive situation, a way to deal with abuse of the past, coercion and by an abusive partner, chemical dependency, cultural oppression or a new sense of freedom (Bland Edmund, 2005). Whatever the reason for substance abuseRead More Case Study: Impact on Children of Substance Abuse, Domestic Violence, and Mental Illness2706 Words   |  11 PagesStudies have shown that children who grow up in families where there is substance misuse, mental illness or domestic violence are more vulnerable to significant harm (Kendall-Taylor and Mikulak 2009).Children’s vulnerability usually stems from the effects of substance misuse, domestic violence or mental illness on parenting ability. Substance misuse, domestic violence and mental illness can result in parent’s finding it difficult to organize their lives to meet both their personal needs and theirRead MoreWomen And Domestic Violence : India Essay1480 Words   |  6 PagesWomen and Domestic Violence India Chillious Cleveland State University This paper was prepared or Social Work 622, Section 480, taught by Professor Seck Violence has been an ongoing issue, and has increased over the years. There are many different types of violence that can take place, one being domestic violence. Domestic violence is defined as a pattern of abusive behavior in any relationship that is used by one partner to gain or maintain power and control over anotherRead MoreThe Violence And Its Effects On The Lives Of Contemporary Native Generations Essay1400 Words   |  6 Pagesrelationship between mother and daughter, intergenerational transmission of trauma via substance abuse, domestic violence, and identity implications can potentially result in suicide. First off, substance abuse can facilitate the transmission of trauma from mother to daughter. Whether the mother drinks throughout her pregnancy, drinks in the presence of her daughter, or neglects her child due to a substance problem, the mother partakes in the passing down of trauma in a damaging way. In â€Å"IntergenerationalRead MoreForensic Psychology And Crime And Substance Abuse847 Words   |  4 Pages Forensic Psychology Forensic psychology is a solid reference to crime and substance abuse. Criminal behavior is an evil thought however substance abuse is a disease. One will certainly need a better understanding to an individual’s crime that would cause one to commit them. Did the drugs make him/her do it? Psychology, biology, and criminology fall within the evolution in forensic psychology. Race, sex, and poverty plays a pivotal role when a crime is committed within a specificRead MoreBandura s Social Learning Theory And Attachment Theory1260 Words   |  6 Pageshas similarities and distinctions regarding the mechanisms that underlie the impact of child abuse. This essay will examine these competing theories to determine which mechanisms are most strongly supported for families at high risk for child abuse and/or neglect (Begle, Dumas Hanson, 2010). Social Learning Theory Social learning theory suggests that the mechanism underlying the continuity of violence is observational learning in which children who were abused learn to repeat abusive or neglectfulRead MoreEssay about The Effects of Domestic Violence on Children1448 Words   |  6 PagesHow does domestic violence between parents and parental figures affect the children who witness it? This is a question often asked by Sociologists and Psychologists alike. There have been studies that prove that children who witness domestic inter-parental violence experience mental health problems, issues with gender roles, substance abuse, the committing of crimes and suicide/suicide attempts later in their lives. This paper will explore all five of these effects of domestic violence on childrenRead MoreResearch Proposal- Alcohol Abuse Leads to Domestic Violence1471 Words   |  6 PagesDetermining whether Alcohol abuse leads to Domestic Violence Abstract This study seeks to analyze and examine the effects that alcohol abuse may have on domestic violence cases. The main goal of this study is to determine whether or not alcohol or alcohol abuse really has an affect on people and if it causes domestic violence or not. This study will be helpful in many ways and instances and it will help those who are still wondering whether or not these to completely different socialRead MoreThe Characteristics Of Abusers Of Domestic Violence904 Words   |  4 Pagesbeen resolved. Some of the abuse results from being abused or it comes from social problems. Regardless of the situation abuse is never okay and should be handled accordingly. This essay will cover the characteristics of abusers of domestic violence and what roles substance abuse plays in domestic violence. One characteristic of an abuser is destroying an individual’s property and the things they care about. When an abuser feels like an individual is going to leave the abuse, the ab user will sometimes

Foundations of Corporate Governance †Free Samples to Students

Question: Discuss about the Foundations of Corporate Governance. Answer: Introduction: There are number of firms which contribute in the economic development and also in the development of society, but still there is mistrust in the society related to business organizations. As stated by Primeaux and Stieber there is popular misconception that business only seeks self-governing objectives and does not care about the society which means they just want to maximize their profit even at the cost of consumer, community, and the environment. Therefore, profit making is considered as most important factor of any business organization[1]. On the other hand, there are number of researchers who argue that business organizations must run their business ethically. As per these arguments, business organizations are responsible towards the society as they are earning from the society. Ethical decision making and leadership is considered as basis of ethical organizations, and various other factors are also there which are included in this list such as corporate social responsibility, sustainability, triple bottom line, and other similar factors[2]. This paper states the arguments related to business ethics and profitability, their importance, and also the balance between the two. Lastly, paper is concluded with brief conclusion which contains the summary of the facts and also state which factor overrides the other factor. Literature Review on Business Ethics: Business ethics is usually divided into forms that are normative ethics which mainly depends on the moral philosophy and theology, and this theory guides the individuals how they should behave. Other form of descriptive ethics which mainly directs the management of the business and it mainly deals with the actual behavior of the individual (Donaldson and Dunfee, 1994[3]; Trevino and Weaver, 1994[4]). However, both the theories related to ethics are equally important, and both play important role in descriptive ethical decision making in the business. There are number of theoretical models which recognize the descriptive ethics that are mid 1980s and early 1990s (Jones, 1991)[5]. These models generally built on Rest (1986) originals framework which mainly emphasis on moral decision making and states that moral decision making include four components that are moral nature of an issue, making a moral judgment, establishing moral intent, and engaging in moral action[6]. Now day firms play very important roles in our lives, and sometime we completely fail to realize the importance of their presence and function of providing goods and services which makes our lives so much easier. This can be understood through example which states that people of generation 1960 grows with the rise of computing such as IBM, Intel, Microsoft, Apple, Oracle, Sun, Cysco, and many others. Thanks to the power of computers and speed in processing the information because of which numbers of processes have been identified in almost all the fields related to human activity such as education, medicine, manufacturing, transportation, etc. it usually covers almost all the basic and other needs of human beings. Introduction of computers were considered as revolution related to information, and its comparison with the social impact is considered by Gutenberg printing press in the 15th century. Now no one can imagine the world without internet and companies such as Google, Facebook, twitter, etc. contribution of this information revolution is goes beyond the fulfillment of basic general needs of human beings. It must be noted that this revolution extend to those remote areas also where still human rights are under threat. Therefore, in case of free economies, firms perform their social roles by manufacturing the goods and providing the services which are demanded by the people or might be demanded in future. Therefore, in competitive markets maximization of profit creates job in the process of production, and introduce those goods in markets which are wanted by consumers at the smallest possible cost quoted by the technical constraints. This activity helps in generate the surplus related to consumers, which is defined as the difference between the willingness of consumers to pay for the goods and what is actually paid by the consumers to get the goods. In this context this activity is considered as ethical because in this situation god for the company is also good for everyone. This argument is stated by Primeaux and Stieber (1994: 289), and they stated when any business maximize its profit which means allocate resources in efficient manner, now people have more things to fulfill their demand and it is considered as ethical business with profit maximization. If these activities does not maximize the profit which means does not allocate the resources in efficient manner and demands of the people are not met then it is considered as bad. Adam Smith outlined the good ethical outcome many years ago. He is the father of modern economics and with the help of invisible hand metaphor he developed this good ethical outcome in case of those firms which are driven by self-interest only. These firms are defined as level one by Wagner-Tsukamoto (2007) in context of moral agency firm[7]. As per referred by Goodpaster and Mathews (1982), competition in market for the purpose of delivering an ethical quality independent and any moral projections of the managers as the systemic morality related to market economy. Therefore, in context of ethic manager of hypothetical neoclassical firm can go beyond the immoral decision making[8]. As stated by Athannassoulis (2004)[9], if any function is involved then good thing is considered when all the functions are performed well. This can be understood through example which states that knife has function to cut and it performs its functions in well manner when it cuts well. Therefore, if any manager wants to maximize the profit must first minimize the cost, and the goal of manager is to efficient use of scarce resources is high on the agenda of neoclassical firm. Real world are completely different from the perfect competition in many situations, and there are number of neoclassical economist who are agree that state must consider a nd take actions to correct the market failure or unacceptable wealth inequality[10]. Benefit to Society from adopting the approach related to Business Ethics: Generally, people think that business is established for making profits, and business organizations make profit at every cost. In other words, business organizations are not ethical and business is the pool of greed. From last few years, this conception has been changed. Fact that business organizations earns profit through unethical way is proved false because there are number of companies which are good and contribute in the development of society which means there are number of peoples who are doing right thing. Now business organizations try to solve the major issues face by society at global level, and there are number of peoples who believe this fact. After observing things from last three decades, it can be said that number of things are changed[11]. Thousands of business organization are working for making the world better place, and add value to the daily lives of the people. Therefore it is necessary to change the view we think about the business especially during the period of global financially crises in which old concept of profit maximization. As per the stakeholders theory, stakeholders are the owners of the business and business organizations bear primary responsibility towards them. In other words, business organization must earn profit for their stakeholders such as suppliers, investors, employees, customers, and the community. The old concept related to business stated that main aim of business is to earn profits. This concept is based on the approach that breathing is the main purpose of life and in similar way most important aim of business is to earn profit. The only difference is that business is conducted by passionate entrepreneur for the purpose of fulfilling their dreams to change the world. This can be understood through example, John Mackey, co-CEO of Whole Foods Market is the great and successful business leaders who practice conscious capitalism[12]. As per john, those business men who want to make money start business out of passion. He further stated, Physicians make money but there main aim is to heal, teachers make profit but also educates the society. There is one more example; CEO Tom Gardner of Motley Fools main mission is to help people for becoming better investors. CEO of The Container Store that is Kip Tindell explains that he believes in taking good care of 6000 employees will result in taking good care of consumers by employees, and this result in profit[13]. After considering the above facts, it become clear that if organization management work ethically and good then organization definitely earns profit, and if organization management does not work ethically and good then organization does not earns profit for long term. Usually, profit is described as earning more money than it spends. Distribution of profit is decided by the owners themselves and it also play key role in motivating the employees to earn ethically[14]. There are number of companies who earn profit through ethical ways but there are some companies also who earn profit by choosing unethical way. Many companies are there which toe the line between the ethical perspective of the business and profitable perspective of the business, and sometimes this line is crossed while making profits for the organization. Those companies which cross this line for making the profits face various legal issues and issues related to their reputation by proving costly and damaging their brand. A recent example related to this is Recreational Data Services (RDS), this company is the small Alaskan software company won a $51.3 million settlement over GPS giant, Trimble Navigation. In this, Trimble was forced to pay the RDS for loss of earnings after being found guilty of stealing the confidential information of RDs and also create carbon copy of the same project. This example make it clear that main aim of CEO is to maximize the profit of the business for sa tisfying the demands of Pushy shareholders who wants higher returns on their investment. However, it is also the obligation of CEO to maximize the profit by choosing ethical way[15]. Justice and Normative morality in business ethics: There are number of business insolvencies which are occurred without any signal, and these business collapses affected all the related parties such as shareholders and stakeholders. This is the only reason because of which all related parties must force on good corporate governance which must be complied by the company. Theory of justice was developed by the John Rawls in his book, and this theory is against the idea generated by Utilitarianism theory. Utilitarianism theory sated that outcome is considered ethical if it provide benefit to the maximum number of people, but on other side some people also get negative effect from this theory. However, it is possible that some people or minority group would get bad outcome from the decision, therefore there is need to establish the rule which solve this unfair result. From the justice theory of Rawls a fair social contract can be introduced from the original position and as per this position all the members are put in the state of ignora nce and no one has knowledge related to their position in the society. Each member has no awareness related to their social advantage and disadvantage, which means person does not have any knowledge, related to their own future what they become in society in future. This situation is possible with any individual either belongs to highest class or lower class in the society. Therefore, it is necessary that social contract must be designed in fair manner because everyone wants the contract to be fair for every position stated in Constitution. Therefore, rule must not be designed in favor of particular person, and the original position has two principles which result in justice of fairness. First principle is related to equality which states that everyone has same right, opportunity, and liberty. Second principle is related to inequality in context of social and economic reasons, and the unbalances have been managed by allowing the greatest advantage to the less disadvantaged group. After considering these above stated principles rule of justice and fairne ss is stated in the context of corporate governance. A theory of justice in part of the original position can be applied to use in the moral reasoning by considering the original position stated above without any bias[16]. Normative theory consists three theories that are stockholder theory, stakeholder theory, Social contract theory. On current basis, stockholder theory is not accepted by ethics community, but shareholder theory is adopted by various communities of business. This context is not right as stakeholder theory is not an outward theory[17]. Other Theories: Agency theory is considered as the relationship between the principles of the corporate which includes shareholders with the agents such as executives and managers. As per this theory, shareholders appoint agents for the purpose of performing their work. Clarke (2004[18]) stated that principles delegate their work for running the business to the directors or mangers that are considered as shareholders agents. As per the argument stated by Daily et al (2003) two factors influence the existence of this theory. First factor states that theory is conceptually simple which just consider the corporation of shareholders and managers[19]. Second factor states that both employees and managers in the organizations are self- interested, and this theory expects that agents must take decision in the best interest of their principles. This problem was first highlighted by Adam Smith in the 18th Century and after that investigated by Ross (1973). However this theory is fades away with the changing context of Corporation[20]. Other theory in this context is political theory, and this theory brings the approach of developing the voting support from the shareholders instead of purchasing the votes. Therefore, political influence play very important role in corporate governance and it direct the corporate governance in organization[21]. Interest of general public is much reserved as government participates in decision making of corporate. Various cultural challenges are taking into consideration and political model also highlights the allocation related to power of corporate, profits, and other privileges are determined in developments of government. From last few years, government of country has been seen to have strong influence in context of politics on the firms. Therefore, it is clear from the above facts that politics entered into the government structures and other corporate governance[22]. Conclusion: After considering the above facts, it is clear that both ethics and profit play important role in the business administration, and while maximizing their profits business must consider the ethics. Usually, business is established for making profits, and business organizations make profit at every cost. In other words, business organizations are not ethical and business is the pool of greed. From last few years, this conception has been changed. Fact that business organizations earns profit through unethical way is proved false because there are number of companies which are good and contribute in the development of society which means there are number of peoples who are doing right thing. Therefore, after considering the above facts both ethics and profits are necessary to sustain the business. References Edward Freeman, (2014). Darden Ideas to Action, https://ideas.darden.virginia.edu/2014/08/is-profit-the-purpose-of-business/, Accessed on 18th October 2017. HBR, (1980). Strategic Management for Competitive Advantage, https://hbr.org/1980/07/strategic-management-for-competitive-advantage, Accessed on 18th October 2017. Law Teacher, Company Ethics And Profit, https://www.lawteacher.net/free-law-essays/business-law/company-ethics-and-profit.php, Accessed on 18th October 2017. Linked in. Ethical Business vs Maximizing Profits, https://www.linkedin.com/pulse/20141006191205-68335342-ethical-business-vs-maximizing-profits, Accessed on 18th October 2017. Law Teacher. A Theory Of Justice, https://www.lawteacher.net/free-law-essays/business-law/a-theory-of-justice-business-law-essay.php, Accessed on 18th October 2017. John, H. The Normative Theories of Business Ethics: A Guide for the Perplexed, https://www.jstor.org/stable/3857520?seq=1#page_scan_tab_contents, Accessed on 18th October 2017. Athanassoulis, N., 2004. Virtue Ethics,https://www.iep.utm.edu/v/virtue.htm, Accessed on 18th October 2017. Bnabou, Roland and Jean Tirole, 2010, Individual and corporate social responsibility, Economica, 77, 305, pp. 1-19. Primeaux, Patrick and John Stieber, 1994, Profit maximization: The ethical mandate of business, Journal of Business Ethics, 13, 4, pp. 287-294. Camenisch, Paul F., 1987, Profit: Some moral reflections, Journal of Business Ethics, 6, 3, pp. 225-231. Donaldson, T., Dunfee, T.W. 1994Toward a Unified Conception of Business Ethics. Integrative Social Contracts TheoryAcademy of Management Review19252284. Trevio, L.K., Weaver, G.R. 1994Business Ethics/Business Ethics. One Field or Two?Business Ethics Quarterly4113128. Jones, Donald G. and Helen Troy: 1982, A Bibliography of Business Ethics: 19761980 (Colgate Darden Graduate School of Business Administration, University of Virginia). Rest, James R.: 1979, Development in Judging Moral Issues (University of Minnesota Press, Minneapolis, MN). Wagner-Tsukamoto, Sigmund, 2007, Moral Agency, Profits and the firm: Economic revisions to the Friedman theorem, Journal of Business Ethics, 70, 2, pp. 209-220. Goodpaster, Kenneth E. and John B. Mathews, Jr., 1982, Can corporations have a conscience?, Harvard Business Review, January-February, pp. 1-9. Beger, Ida E., Cunningham, Peggy H and Minette E. Drumwright, 2007, Mainstream corporate social responsibility: Developing markets for virtue, California Management Review, 49, 4, pp. 132-146. Clark, T. (2004) Theories of Corporate Governance: The Philosophical Foundations of Corporate Governance London and New York: Routledge. Daily, C.M., Dalton, D.R. and Canella, A.A. (2003) Corporate Governance: Decades of Dialogue and Data. Academy of Management Review, Vol. 28, No. 3, pp. 371-382. Ross, S.A. (1973) The Economic Theory of Agency: The Principals Problem. The American Economic Review, Vol. 63, No. 2, pp. 134-139. Pound, J. (1993) Proxy Contest And The Efficiency Of Shareholder Oversight. Journal of Financial Economics, Vol. 20, pp. 237-265. Hawley, J.P. and Williams, A.T. (1996) Corporate Governance in the United States: The Rise Of Fiduciary Capitalism. Working Paper, Saint Mary's College of California, School of Economics and Business Administration.