Volume 2, Issue 7, 2014
John Hasnas
Pages 42-44
The Principles Approach is a Big Tent Approach
In his Commentary on my Principles Approach, Gregory Wolcott (2014) worries that the approach leaves no room for ethical theory and decries the tendency of business school faculty to derive ethical conclusions from legal standards. However, the Principles Approach is, by design, open to supplementation by ethical theory and has the virtue of providing a basis for making ethical assessments of legal standards.