Toward Dynamic Corporate Stakeholder Responsibility: From Corporate Social Responsibility toward a Comprehensive and Dynamic View of Corporate Stakeholder Responsibility
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 85 (3):535 - 544 (2009)
Today, sustainable relations with a broad range of key stakeholders are not only important from a normative business ethics perspective, but also from an entrepreneurial viewpoint to allow and support the long-term survival of a firm. We will argue that the traditional conception of a firm's corporate social responsibility does not reflect this view and that a comprehensive and dynamic conception of a firm's responsibilities is necessary to map the reality of business practice and to manage the challenges implied by sustainability. We think that distributive justice, that is the way in which firms involve their stakeholders in their wealth creation and dissemination processes, provides a comprehensive understanding of corporate responsibilities. Concerning procedural justice, we will discuss how firms involve stakeholders in their strategic processes according to their contribution to wealth creation. In the course of the article, we will propose a framework along with three design principles that can be used for shaping dynamic and comprehensive corporate responsibilities, and which thereby allow a sustainable procedure for changing business and non-business environments.
|Keywords||corporate stakeholder responsibility CSR distributive justice procedural justice stakeholder view wealth creation|
|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
Bradley R. Agle, Thomas Donaldson & R. Edward Freeman (2008). Dialogue: Toward Superior Stakeholder Theory. Business Ethics Quarterly 18 (2):153-190.
Anthony F. Buono (2003). A Review of Redefining the Corporation: Stakeholder Management and Organizational Wealth. [REVIEW] Business and Society Review 108 (2):279-284.
Jerry M. Calton (2006). Social Contracting in a Pluralist Process of Moral Sense Making: A Dialogic Twist on the ISCT. [REVIEW] Journal of Business Ethics 68 (3):329 - 346.
R. Edward Freeman (1994). The Politics of Stakeholder Theory. Business Ethics Quarterly 4 (4):409-421.
Robert Phillips & Craig B. Caldwell (2005). Value Chain Responsibility: A Farewell to Arm's Length. Business and Society Review 110 (4):345-370.
Citations of this work BETA
Duane Windsor (2010). The Role of Dynamics in Stakeholder Thinking. Journal of Business Ethics 96 (S1):79-87.
Mario Minoja (2012). Stakeholder Management Theory, Firm Strategy, and Ambidexterity. Journal of Business Ethics 109 (1):67-82.
Matthew Murphy & Jordi Vives (2013). Perceptions of Justice and the Human Rights Protect, Respect, and Remedy Framework. Journal of Business Ethics 116 (4):781-797.
Similar books and articles
Sybille Sachs & Marc Maurer (2009). Toward Dynamic Corporate Stakeholder Responsibility. Journal of Business Ethics 85 (3):535-544.
Andrew C. Wicks (2007). Corporate and Stakeholder Responsibility. Business Ethics Quarterly 17 (3):375-398.
Michelle Greenwood (2007). Stakeholder Engagement: Beyond the Myth of Corporate Responsibility. [REVIEW] Journal of Business Ethics 74 (4):315 - 327.
Jerry D. Goodstein & Andrew C. Wicks (2007). Corporate and Stakeholder Responsibility: Making Business Ethics a Two-Way Conversation. Business Ethics Quarterly 17 (3):375-398.
Diana C. Robertson & Nigel Nicholson (1996). Expressions of Corporate Social Responsibility in U.K. Firms. Journal of Business Ethics 15 (10):1095 - 1106.
Carola Hillenbrand & Kevin Money (2006). Towards a Quantitative Model of Heterogeneity in Stakeholder Expectations of Corporate Responsibility. Proceedings of the International Association for Business and Society 17:251-254.
Carola Hillenbrand & Kevin Money (2008). Customer And Employee Beliefs About Corporate Responsibility. Proceedings of the International Association for Business and Society 19:464-469.
James E. Post (2002). Global Corporate Citizenship. Business Ethics Quarterly 12 (2):143-153.
Humphry Hung (2011). Directors' Roles in Corporate Social Responsibility: A Stakeholder Perspective. [REVIEW] Journal of Business Ethics 103 (3):385-402.
Rafik Z. Elias (2004). An Examination of Business Students' Perception of Corporate Social Responsibilities Before and After Bankruptcies. Journal of Business Ethics 52 (3):267-281.
James E. Post (2002). Global Corporate Citizenship: Principles to Live and Work By. Business Ethics Quarterly 12 (2):143-154.
Carola Hillenbrand & Kevin Money (2007). Advising the Practitioner. Proceedings of the International Association for Business and Society 18:151-156.
Bryan W. Husted (2005). Risk Management, Real Options, Corporate Social Responsibility. Journal of Business Ethics 60 (2):175 - 183.
Colin P. Higgins (2005). Profits and Principles. Proceedings of the International Association for Business and Society 16:130-135.
Jacob Dahi Rendtorff (2007). The Idea of Corporate Social Responsibility. The Proceedings of the Twenty-First World Congress of Philosophy 1:111-117.
Added to index2011-05-29
Total downloads11 ( #159,696 of 1,692,213 )
Recent downloads (6 months)1 ( #184,284 of 1,692,213 )
How can I increase my downloads?