Corporations, stakeholders and sustainable development I: A theoretical exploration of business–society relations [Book Review]

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)
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 23,209
External links
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
Antonio Argandoña (1998). The Stakeholder Theory and the Common Good. Journal of Business Ethics 17 (9-10):1093-1102.
John Kaler (2003). Differentiating Stakeholder Theories. Journal of Business Ethics 46 (1):71 - 83.

View all 18 references / Add more references

Citations of this work BETA

View all 27 citations / Add more citations

Similar books and articles

Monthly downloads

Added to index


Total downloads

45 ( #105,696 of 1,941,072 )

Recent downloads (6 months)

7 ( #133,137 of 1,941,072 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.