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  Recommended Book List

The Caux Round Table is offering a selection of pertinent readings for incorporation into the study and teaching of responsible capitalism. Our recommended books and readings are placed under the categories, General Theory, Seven CRT Principles, Six Stakeholders Constituencies of Business, Principled Business Leadership and Global Poverty.

Please feel free to email your comments about our selections or titles of books you feel should be included.

1. General Theory - Ethics and Morality 

Essays on the Intellectual Powers of Man ; Thomas Reid
Essays on the Active Powers of Man ; Thomas Reid
Between Fact and Norm ; Jurgen Habermas
Philosophy of Right ; G.W.F. Hegel
Moral Man and Immoral Society; Reinhold Niebuhr
Ethical Theory and Business ; Tom L. Beauchamp, Norman E. Bowie
Policies and Persons: A casebook in business ethics ; John B. Mathews, Kenneth E. Goodpaster
Co-Creation and Capitalism ; John Paul II

2. Market Capitalism

An Inquiry into the Wealth of Nations ; Adam Smith
The Crisis of Global Capitalism ; George Soros
The End of History ; Francis Fukuyama
Empire ; Michael Hardt and Antonio Negri
The Democratic Spirit of Capitalism ; Mike Novak
Future of Money ; Bernard Lietaer

3. Social Capital - The Moral Basis for Market Capitalism

The Theory of Moral Sentiments; Adam Smith
Trust ; Francis Fukuyama
The Moral Sense ; James Q. Wilson
The Great Disruption ; Francis Fukuyama
Culture Matters ; Lawrence E. Harrison & Samuel P. Huntington
Civility ; Stephen Carter
The Cultural Contradictions of Capitalism ; Daniel Bell
The Principle of Duty ; David Selbourne

4. The Responsibilities of Businesses: Beyond Shareholders toward Stakeholders - Caux Round Table General Principle 1

Corporation and its Stakeholders ; Max Clarkson
The Definitive Guide to the New Social Standard ; Deborah Leipziger
Beyond the Bottom Line ; Mike Smith
Corporate Culture and Performance ; John Kotter and James Heskett
The Balanced Scorecard ; Robert S. Kaplan, David P. Norton

5. The Economic and Social Impact of Business - Caux Round Table General Principle 2

Corporate Citizenship: Successful Strategies for Responsible Companies ; Deborah Leipziger
The Dignity of Difference ; Jonathan Sacks
The Wealth of Knowledge ; Thomas A. Stewart
Against the Gods: The Remarkable Story of Risk ; Peter L. Bernstein, John Wiley
The Tipping Point ; Malcolm Gladwell

6. Business Behavior: Beyond the Letter of Law Toward a Spirit of Trust - Caux Round Table General Principle 3

The Inspirations of Tao Zhu Gong ; Wee Chou Hou
Trust ; Francis Fukuyama
Building Public Trust ; Samuel A. DiPiazza and Robert Eccles 

7. Respect for Rules - Caux Round Table General Principle 4

The History of the Standard Oil Company ; Vol I, II, Ida Tarbell McClure
Business Ethics: Violations of the Public Trust ; Robert F. Hartley

8. Support for Multilateral Trade - Caux Round Table General Principle 5

The Competitive Advantage of Nations ; Michael Porter
A Future Perfect ; John Micklethwait and Adrian Wooldridge
Globalization and its Discontents ; Joseph Stiglitz

9. Respect for the Environment - Caux Round Table General Principle 6

Our Common Future ; World Commission on Environment and Development (Oxford University Press)

10. Avoidance of Illicit Operations - Caux Round Table General Principle 7

Corruption and the Global Economy; Kimberly Ann Elliott
Confronting Corruption: The Elements of a National Integrity System; Jeremy Pope, Transparency International (www.transparency.org)

11. Customers - Stakeholder Constituency

The Six Sigma Evolution ; George Eckes
The Six Sigma Way ; Peter S. Pande, Robert P. Neuman & Ronald R. Cavanagh
Principles of Total Quality ; Vincent K. Omachonu, Joel E. Ross
Total Quality Management ; Stephen George and Arnold Weimerskirch
Marketing: Concepts and Strategy ; Martin L. Bell

12. Employees - Stakeholder Constituency

Principals and Agents : The Structure of Business; John W. Pratt & Richard J. Zeckhauser
100 Million Millionaires ; Sam Beard
Empowering Employees through Delegation ; Robert B. Nelson 
The New Partnership; Profit by Bringing out the Best in your People, Customers and Yourself ; Tom Melohn
Bringing out the Best in People: How to apply the astonishing power of positive reinforcement ; Aubrey C. Daniels
The New Bottom Line: people and loyalty in business ; William B. Walton Sr with Mel Lorentzen
Patterns of High Performance : Discovering the ways people work best; Jerry L. Fletcher
The Wisdom of Teams ; Jon R. Katzenback & Douglas K. Smith
The Individualized Corporation; Sumantra Ghoshal

13. Owners/Investors - Stakeholder Constituency

Good to Great ; Jim Collins
Corporate Governance and Chairmanship ; Adrian Cadbury
Built to Last; Successful Habits of Visionary Companies ; Jim Collins
Management ; Peter Drucker
Handbook for Creative and Innovative Managers ; Robert Lawrence Kuhn
Successful Manager’s Handbook ; PDI
In Search of Excellence ; Thomas Peters and Robert Waterman
Why Companies Fail ; Mark Ingebretsen
Valuation ; Tom Copeland, Tim Koller, Jack Murrin
Financial Management ; Eugene Brigham and Michael Ehrhardt

14. Suppliers - Stakeholder Constituency

The Deming Management Method ; Mary Walton

15. Competitors - Stakeholder Constituency

The Change Masters: Innovation for Productivity in the American Corporation; Rosabeth Moss Kanter
Competing for the Future; Gary Hamel and C.K Prahalad
The Free Market Innovation Machine ; William J. Baumol
Corporate Strategy and Product Innovation ; Robert P. Rothberg
Intuition at Work ; Gary Klein
Transcompetition: Moving Beyond Competition and Collaboration ; Harvey Robbins and Michael Finley

16. Communities - Stakeholder Constituency

17. Principled Business Leadership - The Basis for a Moral Capitalism 

Awakening the Leader Within ; Kevin Cashman
The Ethical Imperative ; John Dalla Costa
The Lonely Crowd ; David Riesman
Theory and Function of the Executive ; Chester Bernard
Ethics for the New Millenium ; Dalai Lama
Hard like Water- Ethics in Business ; V Di Norcia
The New Bottom Line : Bringing Heart and Soul to Business; Kay Gilley
The Fifth Dimension ; Peter Senge
Integrity ; Stephen Carter
Leadership and the New Physics ; Margaret J. Wheatley
Toward a Psychology of Being : Abraham Maslow
Essays on Moral Development ; Lawrence Kohlberg
The Spirit of Leadership ; Robert Spitzer
Self-Reliance in the Portable Emerson ; Ralph Waldo Emerson
Selected Writings of BenjaminCardozo ; Benjamin Cardozo
Execution: the Discipline of Getting Things Done ; Larry Bossidy
The 7 Habits of Highly Effective People ; Stephen Covey
Leadership and Administration ; Philip Selznick
Authentic Leadership ; William George 

18. Global Poverty

Guns, Germs, and Steel ; Jarred Diamond
The Lexus and the Olive Tree ; Thomas Friedman
The Elusive Quest for Growth ; William Easterly
The Widening Gap ; Jody Heymann 

19. Economic Growth 

The Wealth and Poverty of Nations ; David Landes
The Riddle of the Modern World ; Alan Macfarlane
The Stages of Economic Growth ; W. W. Rostow
Dissent on Development ; PT Bauer
The Achieving Society ; David C. McClelland 

20. Rule of Law

The Concept of Law ; H.L.A. Hart
The Law of Nations ; Emmerich de Vattel
Federalist Papers; J. Madison, A. Hamilton, J. Jay
Second Treatise on Government ; John Locke
The Open Society and Its Enemies ; Karl Popper
Political Order and Changing Societies ; Samuel P. Huntington
The Constitution of Liberty ; Friedrick A. Hayek
Cambodia Year Zero ; Francois Ponchaud
The Black Book of Communism: Crimes, Terror and Repression ; Stephanie Courtois, Mark Kramer (trans.), Jonathan Murphy (trans.), Nicolas Werth, Jean Louis Panne, Andrzej Paczkowski, Karl Bartosek, Jean-Louis Margolin
The Private Life of Chairman Mao ; Dr. Li Zhisui


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