Integrating the ethical dimension into the analytical framework for the reform of state-owned enterprises in china's socialist market economy: A proposal [Book Review]

Journal of Business Ethics 30 (3):261 - 275 (2001)
The discussions about the reform of state-owned enterprises are so far dominated by economic and legal considerations while the ethical dimension of this highly complex problem is being barely addressed explicitly, much less developed systematically and integrated into a broader analytical framework for companies in China. This paper is a proposal to introduce this kind of ethical considerations. First, the main features of the reform of state-owned enterprises are briefly summarized and a number of critical issues are identified. Second, the "balanced concept of the firm" is presented and compared with other approaches to corporate ethics in chiefly Western literature (discussions on "corporate social responsibility", the stakeholder approach, and social contract theories). Finally, the relevance of this "balanced concept of the firm" for the reform of state-owned enterprises is briefly discussed.
Keywords balanced concept of the firm  business ethics  China  corporate ethics  corporate social responsibility  economic  social and environmental responsibilities  social contract theories  stakeholder approach  state-owned enterprises
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Ahmed Koudri (2009). The Social Responsibility of the Public Enterprise. International Corporate Responsibility Series 4:229-236.

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