David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
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Journal of Business Ethics 73 (1):1 - 9 (2007)
Three principles must be taken into account in assessing the social responsibilities of international business firms in developing areas. The first is an awareness of the historical and institutional dynamics of local communities. This influences the type and range of responsibilities the firm can be expected to assume; it also reveals the limitations of any universal codes of conduct. The second is the necessity of non-intimidating communication with local constituencies. This requires the firm to temper its power and influence by recognizing and responding to local concerns in the pursuit of its own objectives. The third is the degree to which the firm's operations safeguard and indeed improve the social and economic assets of local communities. At issue is the question of adequate compensation for the inevitable disruptions that an international business brings to a local community. Beneficial returns must be shared and sustained over the long term in an equitable manner. The nine studies in this special edition illustrate in different ways the importance of these three principles
|Keywords||dialog sustainability social responsibility institutional context|
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References found in this work BETA
Frederick B. Bird (1996). The Muted Conscience: Moral Silence and the Practice of Ethics in Business. Quorum Books.
Morrell Heald (1991). The Social Responsibilities of Business: Company and Community, 1900-1960. Journal of Business Ethics 10 (1):71-75.
Citations of this work BETA
Mahfuja Malik (2015). Value-Enhancing Capabilities of CSR: A Brief Review of Contemporary Literature. Journal of Business Ethics 127 (2):419-438.
Adam Lindgreen, Valérie Swaen & François Maon (2009). Introduction: Corporate Social Responsibility Implementation. [REVIEW] Journal of Business Ethics 85 (2):251 - 256.
Rüdiger Hahn (2009). The Ethical Rational of Business for the Poor – Integrating the Concepts Bottom of the Pyramid, Sustainable Development, and Corporate Citizenship. Journal of Business Ethics 84 (3):313 - 324.
Ataur R. Belal & Robin W. Roberts (2010). Stakeholders' Perceptions of Corporate Social Reporting in Bangladesh. Journal of Business Ethics 97 (2):311 - 324.
Jose Maria Lopez-De-Pedro & Eva Rimbau-Gilabert (2012). Stakeholder Approach: What Effects Should We Take Into Account in Contemporary Societies? [REVIEW] Journal of Business Ethics 107 (2):147-158.
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