David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 83 (4):745 - 758 (2008)
The pharmaceutical sector, an industry already facing stiff challenges in the form of intensified competition and strategic consolidation, has increasingly become subject to a range of pressures. Crucially, in common with other large-scale businesses, pharmaceutical firms find themselves 'invited' to respond positively to the corporate 'social' responsibility (CSR) expectations of their stakeholders. Consequently, individual managers will almost certainly be obliged to engage in some form of stakeholder dialogue and this, in turn, means that they will have to make difficult choices about which practices to adopt. This real-world management predicament runs parallel to an academic interest in CSR stakeholder dialogue theory and models. Accordingly, the approach of this paper is to focus primarily on the academic debate surrounding stakeholder dialogue, by reviewing past attempts to research and theorise the subject, by identifying gaps and weaknesses in the literature, and by proposing a new analytical model. The central aim of the proposed new model is to offer a unified, structured, systematic, and comprehensive approach to CSR decision making whilst simultaneously providing a practical framework for CSR executives who face the challenge of responding in an effective manner to stakeholders. The model outlined here is currently being employed to conduct international comparative empirical research into stakeholder dialogue practices amongst UK and German pharmaceutical firms. In the longer term the intention is to use the model to undertake international comparative research encompassing a broader range of countries and industries.
|Keywords||corporate social responsibility pharmaceutical industry stakeholders stakeholder dialogue|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Linda O’Riordan & Jenny Fairbrass (2008). Corporate Social Responsibility (Csr): Models and Theories in Stakeholder Dialogue. [REVIEW] Journal of Business Ethics 83 (4):745 - 758.
C. B. Bhattacharya, Daniel Korschun & Sankar Sen (2009). Strengthening Stakeholder–Company Relationships Through Mutually Beneficial Corporate Social Responsibility Initiatives. Journal of Business Ethics 85 (2):257 - 272.
Dima Jamali (2008). A Stakeholder Approach to Corporate Social Responsibility: A Fresh Perspective Into Theory and Practice. [REVIEW] Journal of Business Ethics 82 (1):213 - 231.
Angeloantonio Russo & Francesco Perrini (2010). Investigating Stakeholder Theory and Social Capital: Csr in Large Firms and Smes. [REVIEW] Journal of Business Ethics 91 (2):207 - 221.
Michael L. Barnett (2005). Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility. Proceedings of the International Association for Business and Society 16:287-292.
Adam Lindgreen, Valérie Swaen & Timothy T. Campbell (2009). Corporate Social Responsibility Practices in Developing and Transitional Countries: Botswana and Malawi. [REVIEW] Journal of Business Ethics 90 (3):429 - 440.
Krista Bondy, Jeremy Moon & Dirk Matten (2012). An Institution of Corporate Social Responsibility (CSR) in Multi-National Corporations (MNCs): Form and Implications. [REVIEW] Journal of Business Ethics 111 (2):281-299.
Hoje Jo & Maretno A. Harjoto (2012). The Causal Effect of Corporate Governance on Corporate Social Responsibility. Journal of Business Ethics 106 (1):53-72.
Simon Knox, Stan Maklan & Paul French (2005). Corporate Social Responsibility: Exploring Stakeholder Relationships and Programme Reporting Across Leading FTSE Companies. [REVIEW] Journal of Business Ethics 61 (1):7 - 28.
Morgan P. Miles, Linda S. Munilla & Jenny Darroch (2006). The Role of Strategic Conversations with Stakeholders in the Formation of Corporate Social Responsibility Strategy. Journal of Business Ethics 69 (2):195 - 205.
Daniel Arenas, Josep M. Lozano & Laura Albareda (2007). Behind CSR. Proceedings of the International Association for Business and Society 18:419-424.
Paul C. Godfrey, Nile A. Hatch & Jared M. Hansen (2005). Corporate Social Responsibility. Proceedings of the International Association for Business and Society 16:112-117.
Glen Whelan (2012). The Political Perspective of Corporate Social Responsibility. Business Ethics Quarterly 22 (4):709-737.
Irene Pollach (2011). Online Privacy as a Corporate Social Responsibility: An Empirical Study. Business Ethics 20 (1):88-102.
Jill A. Brown & William R. Forster (2013). CSR and Stakeholder Theory: A Tale of Adam Smith. [REVIEW] Journal of Business Ethics 112 (2):301-312.
Added to index2011-05-29
Total downloads9 ( #187,014 of 1,693,205 )
Recent downloads (6 months)1 ( #209,787 of 1,693,205 )
How can I increase my downloads?