Book Chapter

The 'medieval', the common good and accounting


Dobie A (2016) The 'medieval', the common good and accounting. In: Akrivou K & Sison A (eds.) The Challenges of Capitalism for Virtue Ethics and the Common Good: Interdisciplinary Perspectives. Interdisciplinary Perspectives. Cheltenham: Edward Elgar, pp. 37-48.;

Business practices and behaviour in the medieval world might automatically be regarded by some today as primitive, traditional and uninformed by ethical considerations, particularly in comparison to present-day ‘best practice’. This chapter explores a range of conceptions and misconceptions regarding the characteristics, ethical considerations and business practices of ‘medieval man’. The influence of ecclesiastical teaching, particularly the medieval ‘rediscovery’ of Aristotle (384–22 BC) and his integration into a Christian ‘worldview’ by Aquinas (1225–74), on concepts of ‘private property’, ‘fair price’, ‘profit’ and the ‘common good’ is investigated, and the practical application of the implications of these concepts within accounting records is explored, revealing accountability and stewardship to have been as prominent then as they are today.

Title of seriesInterdisciplinary Perspectives
Publication date31/12/2016
PublisherEdward Elgar
Publisher URL
Place of publicationCheltenham