MEDIA RELEASE

Essays by University of Hawaii at Hilo business college professors, Drs. Jerry Calton and David Hammes, are part of the award-winning Encyclopedia of Business Ethics and Society.  

Calton is a member of the 36-person editorial board for the project, both editing and writing essays.  Calton’s essays focus on trust, stakeholder engagement, postmodern ethics, and ethics of dialogue.  

Hammes’ essays address economic efficiency, welfare economics, Vilfredo Pareto, Pareto efficiency, the council of economic advisors, and unemployment.  

Calton and Hammes co-authored an essay that highlights the views of Adam Smith on the complementary roles self-interest and moral sentiment have in balancing the insights of ethics and economics.

The five-volume Encyclopedia on Business Ethics and Society is selected as one of only two “outstanding” titles for 2008 by the Reference and Users Association of the American Library Association.             

The encyclopedia also received a Choice Award, being on the Outstanding Academic Titles list from Choice, Current Reviews for Academic Libraries, a publication of the Association of College and Research Libraries, a division of the American Library Association.  

Outstanding Academic Titles are viewed to be the “best of the best.”  This year’s list includes 679 books and electronic resources chosen by the Choice editorial staff from 7,190 titles reviewed by the journal.

The encyclopedia is an authoritative work that emphasizes ethics in strategic management, corporate governance, and organizational culture, reflecting the research interest generated by such corporate scandals of Enron and the ensuing congressional legislation of the Sarbanes-Oxley Act.  

Compiled by Robert W. Kolb, a professor at Loyola University of Chicago, the five-volume encyclopedia represents the combined effort of Kolb, his editorial board of distinguished scholars, and numerous experts from the fields of business ethics, economics, and law from around the world.

“It was an honor to serve as a contributing editor on this collective effort to create a valuable reference work that college students, business practitioners, and scholars can use to better understand the intimate connections between ethics, economics, and government regulation,” Calton said.

A full set of the copy of the encyclopedia has been donated to the UH-Hilo Mookini Library collection by Calton.