Corporations, stakeholders and sustainable development I: A theoretical exploration of business–society relations [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 61 (3):263 - 281 (2005)
Sustainable development (SD) – that is, “Development that meets the needs of current generations without compromising the ability of future generations to meet their needs and aspirations” – can be pursued in many different ways. Stakeholder relations management (SRM) is one such way, through which corporations are confronted with economic, social, and environmental stakeholder claims. This paper lays the groundwork for an empirical analysis of the question of how far SD can be achieved through SRM. It describes the so-called SD–SRM perspective as a distinctive research approach and shows how it relates to the wider body of stakeholder theory. Next, the concept of SD is operationalized for the microeconomic level with reference to important documents. Based on the ensuing SD framework, it is shown how SD and SRM relate to each other, and how the two concepts relate to other popular concepts such as Corporate Sustainability and Corporate Social Responsibility. The paper concludes that the significance of societal guiding models such as SD and of management approaches like CSR is strongly dependent on their footing in society.
|Keywords||sustainable development sustainability corporate stakeholder stakeholder management stakeholder relations management Corporate Social Responsibility/CSR Corporate Responsibility environmental management|
|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
Claudia Som, Lorenz M. Hilty & Andreas R. Köhler (2009). The Precautionary Principle as a Framework for a Sustainable Information Society. Journal of Business Ethics 85 (3):493 - 505.
Mert Bilgin (2009). The PEARL Model: Gaining Competitive Advantage Through Sustainable Development. [REVIEW] Journal of Business Ethics 85 (3):545 - 554.
Azlan Amran (2011). The Stakeholder Approach: A Sustainability Perspective. [REVIEW] Journal of Business Ethics 98 (1):121 - 136.
Wing S. Chow & Yang Chen (2012). Corporate Sustainable Development: Testing a New Scale Based on the Mainland Chinese Context. [REVIEW] Journal of Business Ethics 105 (4):519-533.
Cory Searcy (2012). Corporate Sustainability Performance Measurement Systems: A Review and Research Agenda. [REVIEW] Journal of Business Ethics 107 (3):239-253.
Similar books and articles
Andrew H. T. Fergus & Julie I. A. Rowney (2005). Sustainable Development: Epistemological Frameworks & an Ethic of Choice. [REVIEW] Journal of Business Ethics 57 (2):197 - 207.
Mao He & Juan Chen (2009). Sustainable Development and Corporate Environmental Responsibility: Evidence From Chinese Corporations. [REVIEW] Journal of Agricultural and Environmental Ethics 22 (4):323-339.
Jacquie L'Etang (1994). Public Relations and Corporate Social Responsibility: Some Issues Arising. [REVIEW] Journal of Business Ethics 13 (2):111 - 123.
Sybille Sachs & Marc Maurer (2009). Toward Dynamic Corporate Stakeholder Responsibility: From Corporate Social Responsibility Toward a Comprehensive and Dynamic View of Corporate Stakeholder Responsibility. Journal of Business Ethics 85 (3):535 - 544.
Tiina Johanna Onkila (2009). Corporate Argumentation for Acceptability: Reflections of Environmental Values and Stakeholder Relations in Corporate Environmental Statements. [REVIEW] Journal of Business Ethics 87 (2):285 - 298.
Esben Rahbek Gjerdrum Pedersen (2011). All Animals Are Equal, but …: Management Perceptions of Stakeholder Relationships and Societal Responsibilities in Multinational Corporations. Business Ethics 20 (2):177-191.
Flora Stormer (2003). Making the Shift: Moving From "Ethics Pays" to an Inter-Systems Model of Business. [REVIEW] Journal of Business Ethics 44 (4):279 - 289.
Joseph R. Herkert (1998). Sustainable Development, Engineering and Multinational Corporations: Ethical and Public Policy Implications. [REVIEW] Science and Engineering Ethics 4 (3):333-346.
A. Konrad, R. Steurer, M. E. Langer & André Martinuzzi (2006). Empirical Findings on Business–Society Relations in Europe. Journal of Business Ethics 63 (1):89 - 105.
Added to index2009-01-28
Total downloads17 ( #112,779 of 1,681,636 )
Recent downloads (6 months)6 ( #39,990 of 1,681,636 )
How can I increase my downloads?