Journal of Business Ethics 72 (3):263 - 278 (2007)
|Abstract||Urban communities in 21st century America are facing severe economic challenges, ones that suggest a mandate to contemplate serious changes in the way America does business. The middle class is diminishing in many parts of the country, with consequences for the economy as a whole. When faced with the loss of its economic base, any business community must make some difficult decisions about its proper role and responsibilities. Decisions to support the community must be balanced alongside and against responsibilities to owners, shareholders and relevant “stakeholders” in a relatively new context. Corporations in urban communities “hollowed out” by white flight or urban sprawl must decide what level of support they can and should provide. This paper examines corporate decisions within the emerging urban prosperity initiatives, using the framework of integrative social contract theory proposed by Donaldson and Dunfee. We suggest that urban prosperity initiatives present a mandate on corporations sufficiently strong as to qualify as an authentic norm. Further, we argue that strict adherence to a corporate bottom line approach or “corporate isolationism” is not congruent with contemporary community standards.|
|Keywords||integrative social contract theory authentic norm community prosperity community engagement corporate social responsibility|
|Categories||categorize this paper)|
|Through your library||Configure|
Similar books and articles
Abraham Akkerman (2009). Urban Void and the Deconstruction of Neo-Platonic City-Form. Ethics, Place and Environment 12 (2):205 – 218.
Vincent Colapietro (2003). Bebop as Historical Actuality, Urban Aesthetic, and Critical Utterance. Philosophy and Geography 6 (2):153 – 165.
Jack C. Swearengen (1999). Brownfields and Greenfields: An Ethical Perspective on Land Use. Environmental Ethics 21 (3):277-292.
M. G. Serap Atakan & Tutku Eker (2007). Corporate Identity of a Socially Responsible University – a Case From the Turkish Higher Education Sector. Journal of Business Ethics 76 (1):55 - 68.
James W. Sheppard (2006). The Paradox of Urban Environmentalism: Problem and Possibility. Ethics, Place and Environment 9 (3):299 – 315.
V. Ruth Cecire, Jeffrey Blustein & Alan R. Fleischman (2000). [Access Article in HTML]. Kennedy Institute of Ethics Journal 10 (1):1-20.
Francis Weyzig (2009). Political and Economic Arguments for Corporate Social Responsibility: Analysis and a Proposition Regarding the Csr Agenda. [REVIEW] Journal of Business Ethics 86 (4):417 - 428.
Paul F. Hodapp (1990). Can There Be a Social Contract with Business? Journal of Business Ethics 9 (2):127 - 131.
Marcelo Lopes De Souza (2000). Urban Development on the Basis of Autonomy: A Politico-Philosophical and Ethical Framework for Urban Planning and Management. Ethics, Place and Environment 3 (2):187 – 201.
Added to index2009-01-28
Total downloads5 ( #169,995 of 722,840 )
Recent downloads (6 months)1 ( #60,917 of 722,840 )
How can I increase my downloads?