Mark timmons has 25 books on goodreads with 697 ratings. Two of the most important stylized facts about mergers are the following. Ideal for courses in contemporary moral problems, applied ethics, and introduction to ethics, disputed moral issues. Example include the ethics of prim facia duty and kantian moral theory. Reading s in moral t heory study guide questions and answers. Readings in moral theory study guide questions and answers. Kop oxford studies normative ethics, volume 4 av mark timmons pa. Review of mark timmons morality without foundations pt ii.
First, we assume that managers derive private benefits from operating a firm in addition to the value of any ownership share of the firm they have. A reader, third edition, offers a unique pedagogical approach that bridges moral theory and applied ethics. The basic idea that actions are right if they are useful or for the benefit of a majority may hold some truth but is not always correct. I am currently writing a book length guide to kants doctrine of virtue under contract with oxford up. Bringing together seventythree engaging articles, it also includes an accessible moral theory primer chapter 1 that outlines the guiding principles of moral theory. Providing an introduction to moral theory that explains and critically examines the theories of such classical moral philosophers as aristotle, aquinas, kant, bentham, mill, and ross, this book acquaints students with the work of contemporary moral. Mark timmons is professor of philosophy at the university of arizona. Timmons reading questions2 timmons reading questions. A number of motivations for merger and acquisition are proposed in the literature, mostly drawn directly from finance theory but with some inconsistencies. An introduction is a firstrate critical overview of nine important approaches to moral theory.
Phil 3320 contemporary ethical theory carleton university. Metaethics after moore terry horgan, mark timmons download. A reader discussion and chapter questions and find disputed moral issues. The cost and benefit analysis of the mergers and acquisitions affect the decision by the managers and the shareholders of whether to take up a specific merger and acquisition. In practice, a merger usually involves acquisition by a. A moral theory should feature principles which together with factual information, yield determinate moral verdicts about the morality of actions, persons, and. To say that the consequentialist account of right action is a maximizing conception, is to say that, according to the account. After introducing students in the first chapter to some of the main aims and methods of evaluating a moral theory, the remaining chapters are devoted to an examination. The failure to address the issues that concern merger and acquisition impacts the new and current organization very negatively at the stage of post merger in two levels. For valuebased theories, the concept of the good or intrinsic value is taken to be more basic more important than the value of the. Providing an introduction to moral theory that explains and critically examines the theories of such classical moral philosophers as aristotle, aquinas, kant, bentham, mill, and ross, this book acquaints students with the work of.
Terry horgan, mark timmons metaethics, understood as a distinct branch of ethics, is often traced to g. After introducing students in the first chapter to some of the main aims and methods of evaluating a moral theory, the remaining chapters are devoted to an examination of various moral theories including the divine command theory, moral relativism, natural law theory, kants moral theory, moral pluralism, virtue ethics, and moral particularism. Dec 17, 2001 a relatively exhaustive, engaging, and approachable introduction to moral theory. An introduction, second edition 2012, and the editor of conduct and character. I found timmons discussions often illuminating, though at times i disagreed with the conclusions he reached. Review of mark timmons morality without foundations pt ii of iii. Oxford studies in normative ethics is an annual forum for new work in normative ethical theory. Jul 08, 2016 according to this theory if the management of firm a is more efficient than the management of firm b and after firm a acquires firm b the efficiency of firm b is brought upto the level of efficiency of firm a. Alphabetizing throughout the lead column is based on the name of the first partner shown in each row of the infogrid. This infogrid provides information on major mergers, acquisitions and convergence in the electric utility industry. Bibliographic record and links to related information available from the library of congress catalog information from electronic data provided by the publisher.
It is remarkably clear and accessible to undergraduates with no prior experience of philosophy and sufficiently deep to be of use to graduate students preparing for a comprehensive exam in ethics. Ideal for courses in contemporary moral problems, introduction to ethics, and applied ethics, disputed moral issues. 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. I recommend it unhesitatingly for upper division undergraduate courses in ethical theory. Whereas normative ethics is concerned to answer firstorder moral questions about what is good and bad, right and wrong, metaethics is concerned to answer secondorder non moral questions about the. Dec 12, 2012 timmons discusses the basic ideas and new developments in moral theory, and he presents arguments in such a clear fashion that advanced undergraduates will love the text.
Striking a unique balance between moral theory and applied ethics, editor mark timmons provides students with an accessible moral theory primer chapter 1, in which he outlines the guiding principles of moral theory, presents six central moral theories, and. A moral theory primer in the next section, we briey examine six moral theories that play a large role in. Prospect theory proposes that the reference dependence bias is firmly rooted in peoples minds, affirming that people rely heavily on a piece of relevant information while making decisions. An introduction provides sympathetic examinations of a comprehensive range of ethical theories, balanced by judicious critical. According to this theory if the management of firm a is more efficient than the management of firm b and after firm a acquires firm b the efficiency of firm b is brought upto the level of efficiency of firm a.
The impact of merger and acquisition announcements on share. Timmons claims that divine command theory does not plausibly address the theoretical aim of moral theory, but he allows that divine command theory might. Decision procedures, moral criteria, and the problem of. Morality without foundations investigates fundamental metaethical questions about the meaning, truth, and justification of moral thought and discourse. And he takes this kind of direct examination to be a matter of examining moral judgments. A reader, fifth edition, offers a unique pedagogical approach that bridges moral theory and applied ethics.
A relatively exhaustive, engaging, and approachable introduction to moral theory. Common morality, as he understands it, is the moral system that most thoughtful people implicitly use in arriving at moral judgements. Overall i feel much more prepared to delve into more advanced and specific studies in morality after this read and as such i found the book was rather. After explaining what makes for a good moral theory, timmons covers the divine command theory, moral relativism, the natural law theory, utilitarianism, kants moral theory, moral pluralism, virtue ethics and moral particularism. What theory explains the relationship between mergers and corporate debt financing. Given the increasing amount of merger activity, any insights that promote a greater understanding. What theory explains the relationship between mergers and. Providing an introduction to moral theory that explains and critically examines the theories of such classical moral philosophers as aristotle, aquinas, kant, bentham, mill, and ross, this.
First, the stock price of the acquirer in a merger. Essays on kants ethics is now available oxford up, 2017. An introduction, second edition elements of philosophy by mark timmons isbn. Mergers and acquisitions and effects on employee morale. Adding a valuable chapter on ethical egoism, the second edition updates the discussions and extremely useful lists of further read. A theory of mergers and firm size we propose a theory of mergers that combines managerial merger motives with an industrylevel regime shift that may lead to valueincreasing merger opportunities. Moral theory an introduction mark timmons download.
Oxford studies normative ethics, volume 4 mark timmons ebok. According to gert this system is based on five basic harms death, pain, disability, loss of freedom, loss of pleasure. A reader, fourth edition, offers a unique pedagogical approach that bridges moral theory and applied ethics. Each selection is enhanced by a host of pedagogical features, including concise summaries, reader cues referring to pertinent moral theories, and reading and discussion questions.
Much recent work in metaethics and ethical theory has drawn extensively on claims about moral psychology. In recent times, researchers have been motivated to study the impact of mergers on corporate financing. Bringing together seventy engaging articles, it also includes an accessible moral theory primer chapter 1. Based on timmons criteria for evaluating moral theory the step of consistency forces me to evaluate some fallacies be utilitarianism. An introduction, second edition 2012, and editor of conduct and character. Apr 02, 2009 our theory of mergers is able to reconcile both of these stylized facts. Mark timmons maintains that all versions of descriptivism in ethics, particularly certain accounts of moral realism, fail. From these five harms we get ten moral rules that capture the core of common morality. Theory and evidence on mergers and acquisitions by small and.
Conduct and character is a concise anthology of readings in ethical theory that covers the major schools of thought as well as a handful of fundamental topics in ethical theory. A reader, second edition, is a comprehensive anthology that brings together seventyfour engaging articles on a wide range of contemporary moral issues. An introduction by mark timmons is an introduction to normative ethics. Moral phenomenology and moral theory terry horgan university. We argue here that this theory also explains why some firms buy other firms. Applicability is timmons third step to evaluating a moral theory and says that a moral theory must be easily applied to moral questions, and must apply to personal decisions as well as larger societal issues. An introduction explores some of the most historically important and currently debated moral theories about the nature of the right and good. Mark timmons the university of arizona, arizona ua. Readings in moral theory, sixth edition 2011, and the annually published oxford studies in normative ethics. For example in the instance of war, what could be seen as good for the majority in the agressing country such as cheaper. Adding a valuable chapter on ethical egoism, the second edition updates the discussions and extremely useful lists of. This edition is the best upperlevel textbook on moral theory of any i have seen.
Bringing together sixtyeight engaging articles, it also includes an accessible moral theory primer chapter 1. The fact that the principles of a moral theory are supported by nonmoral beliefs and assumptions, including wellestablished beliefs and assumptions from various areas of nonmoral inquiry, is some evidence in its favor. Basis for horizontal merger it may be social gain as well as private gain. One of these two levels is the individual level and the reactions of the individual employees are insecurity, powerlessness, alienation, a drop in productivity, loss of energy. Timmons reading questions2 timmons reading questions moral. Nov 14, 2012 the megamergers in the last decades have also brought about structural changes in some industries, and attracted international attention. Decision procedures, moral criteria, and the problem of relevant descriptions in kants ethics mark timmons kants supreme principle of morality, the categorical imperative, is often interpreted as providing a decision procedure or test that agents can use to figure out what, in a particular case, they ought or ought not to do. Striking a unique balance between moral theory and applied ethics, editor mark timmons provides students with an accessible moral theory primer chapter 1, in which he outlines the guiding principles of moral theory, presents six central moral theories, and relates those theories to the issues debated in the articles. Abstract i always tell my kids to cut a sandwich in half right when you get it, and the first thought you should have is somebody else.
For valuebased theories, the concept of the good or intrinsic value is taken to be more basic more important than the value of the what. Reading selections in the chapters provide coverage of both classical and contemporary philosophical writings, representing a spectrum of viewpoints on each theory or. Choice mark timmonss moral theory is one of the best ethics textbooks in existence. E x e c u t i v e s u m m a r y m e r g e r s a s a s t r a t e g y f o r s u c c e s 2 in 88 percent of the mergers, participants felt that the post merger organization was better off. Reading s in moral t heory discussion and chapter questions and find conduct and character. Moral theory explores some of the most historically important and currently debated moral theories about the nature of the right and good. An introduction explores some of the most historically important and currently debated moral theories about the nature of. Second, we assume that there is a regime shift that creates potential synergies. An introduction provides sympathetic examinations of a comprehensive range of ethical theories, balanced by judicious critical arguments.
Readings in moral theory discussion and chapter questions and find conduct and character. Sorin baiasu and i are editing a collection of 44 newly written essays by renowned scholars. Vicarious liability raises an additional challenging twist with respect to the doctrine of merger since the parties are different but the underlying cause of action is the same. A reader is a comprehensive anthology that brings together sixtyseven engaging articles on a wide range of contemporary moral issues.
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