The stakeholder theory and the common good

Journal of Business Ethics 17 (9-10):1093-1102 (1998)
Abstract
The theory of the social responsibility of the firm oscillates between two extremes: one that reduces the firm's responsibility to the obtainment of (the greatest possible) profit for its shareholders, and another that extends the firm's responsibility to include a wide range of actors with an interest or "stake" in the firm. The stakeholder theory of the social responsibility of business is more appealing from an ethical point of view, and yet it lacks a solid foundation that would be acceptable to a variety of schools of thought.In this paper I argue that the stakeholder theory could be founded on the concept of the common good. First, I explain the foundations of the theory of the common good, the concept itself, how it relates to the individual good, and its role in the firm. Following that, I explain how the theory of the common good could be applied to the stakeholder theory. Finally, I draw some conclusions
Keywords Philosophy   Ethics   Business Education   Economic Growth   Management
Categories (categorize this paper)
Reprint years 2004
DOI 10.1023/A:1006075517423
Options
 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
Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 29,511
Through your library
References found in this work BETA

No references found.

Add more references

Citations of this work BETA
Stakeholder Legitimacy.Robert Phillips - 2003 - Business Ethics Quarterly 13 (1):25-41.

View all 42 citations / Add more citations

Similar books and articles
A Map Leading to Less Waste.David Saiia & Vananh le - 2009 - Proceedings of the International Association for Business and Society 20:302-313.
Business Ethics and the Management of Non-Profit Institutions.Luk Bouckaert & Jan Vandenhove - 1998 - Journal of Business Ethics 17 (9-10):1073-1081.
The Stakeholder Theory of the Firm.Steven N. Brenner - 1992 - Business Ethics Quarterly 2 (2):99-119.
Stakeholders and the Moral Responsibilities of Business.Bruce Langtry - 1994 - Business Ethics Quarterly 4 (4):431-443.
The Ethical and Environmental Limits of Stakeholder Theory.Alan Strudler - 2002 - Business Ethics Quarterly 12 (2):215-233.
Added to PP index
2009-01-28

Total downloads
135 ( #36,108 of 2,180,731 )

Recent downloads (6 months)
4 ( #68,026 of 2,180,731 )

How can I increase my downloads?

Monthly downloads
My notes
Sign in to use this feature


Discussion
Order:
There  are no threads in this forum
Nothing in this forum yet.

Other forums