|Abstract||Corporate social responsibility is largely debated amongst management science and business ethics scholars, but only a few of consistent theoretical foundations have been provided for it. Typically these are suggested within the stakeholder approach to the theory of the firm, but the same stakeholder approach - in so far as it is mainly descriptive - does not provide an ethical foundation per se. In this paper two theories are discussed as possible but alternative CSR ethical foundation. The social contract, which gives an ethics & economics account for the stakeholder approach, and the Personalist model of CSR as worked out in some recent works by Helen Alford - within the Maritain's new Thomist tradition. After a defense of ethical individualism from some Thomist allegations, this paper presents the contractarian theory of CSR from both the 'normative' (as a multi-fiduciary model of corporate governance and objective function based of the stakeholders' agreement) and 'implementation' point of views (in which the idea of "conformity-with-the-ideal preferences" is developed). These features are able of answering the allegations that contractarianism would consider only instrumentally (and hence not ethically) CSR and that its motivational bases are weak in so far as it does not include a notion of good. On the contrary a parallelism between Maritain's personalism and the idea of "conformity with the ideal", understood as the behaviorist implementation theory corresponding to the social contract under the veil of ignorance, is suggested. As far as the Personalist and New Thomist foundation of CSR is concerned, its superiority over other communitarian attempts to provide a theoretical ground for business ethics is acknowledged. In fact personalists avoid the typical apologetic view of the corporation itself as the basis for the ethical virtues of its members. But this result is obtained only by means of the peculiar concept of ideal community to which relational persons are ordered within the personalist view. This needs metaphysical assumptions that today social sciences and philosophy may not be ready accept by fiat . Contractarianism, in the version here defended, dispenses with such assumptions, at the same time providing a not less satisfying foundations for CSR. keywords: Stakeholder theory, corporate social responsibility , social contract, conformity, reciprocity, Social Chatolic Thought.|
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
|Through your library||Only published papers are available at libraries|
Similar books and articles
Archie B. Carroll (2003). Corporate Social Responsibility. Business Ethics Quarterly 13 (4):503-530.
Pedro Francés-Gómez & Ariel Ridelo (2008). Stakeholder's Preference and Rational Compliance: A Comment on Sacconi's “CSR as a Model for Extended Corporate Governance II: Compliance, Reputation and Reciprocity”. Journal of Business Ethics 82 (1):59 - 76.
Patrick Maclagan & Tim Campbell (2011). Focusing on Individuals' Ethical Judgement in Corporate Social Responsibility Curricula. Business Ethics 20 (4):392-404.
Lorenzo Sacconi (2007). A Social Contract Account for CSR as an Extended Model of Corporate Governance (II): Compliance, Reputation and Reciprocity. [REVIEW] Journal of Business Ethics 75 (1):77 - 96.
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.
Bert van De Ven (2008). An Ethical Framework for the Marketing of Corporate Social Responsibility. Journal of Business Ethics 82 (2):339 - 352.
Lorenzo Sacconi, CSR as Contractarian Model of Multi-Stakeholder Corporate Governance and the Game-Theory of its Implementation.
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.
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.
Lorenzo Sacconi (2006). A Social Contract Account for CSR as an Extended Model of Corporate Governance (I): Rational Bargaining and Justification. [REVIEW] Journal of Business Ethics 68 (3):259 - 281.
Added to index2009-01-28
Total downloads6 ( #154,629 of 722,745 )
Recent downloads (6 months)0
How can I increase my downloads?