David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 17 (11):1129-1144 (1998)
This paper offers a new concept of the firm that aims at balancing the corporate economic, social, and environmental responsibilities and goes beyond the stakeholder approach. It intends to provide a conceptual and operationalizable basis to fairly assess corporate conduct from both inside and outside the companies. To a large extent these different responsibilities may overlap and reinforce each other. However, if they conflict, they should be clearly evaluated for their own sake and in terms of wealth creation. Only then can a balanced approach be realized. Section 1 briefly discusses some general aspects of the relationship between concepts and measurement. In Section 2, a concept of the firm is developed that is based on the notion of responsibility and balances economic, social and environmental responsibilities. According to these concepts, different ways of measuring corporate planning and performance are examined in Section 3, followed up by a summary and conclusions.
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Citations of this work BETA
Georges Enderle (2009). A Rich Concept of Wealth Creation Beyond Profit Maximization and Adding Value. Journal of Business Ethics 84 (3):281 - 295.
Yuan-Shuh Lii & Monle Lee (2012). Doing Right Leads to Doing Well: When the Type of CSR and Reputation Interact to Affect Consumer Evaluations of the Firm. [REVIEW] Journal of Business Ethics 105 (1):69-81.
Lucio Lamberti & Emanuele Lettieri (2009). Csr Practices and Corporate Strategy: Evidence From a Longitudinal Case Study. [REVIEW] Journal of Business Ethics 87 (2):153 - 168.
Geert Demuijnck (2009). From an Implicit Christian Corporate Culture to a Structured Conception of Corporate Ethical Responsibility in a Retail Company: A Case-Study in Hermeneutic Ethics. [REVIEW] Journal of Business Ethics 84 (3):387-404.
Antonino Vaccaro & Dalia Patiño Echeverri (2010). Corporate Transparency and Green Management. Journal of Business Ethics 95 (3):487 - 506.
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