Business Ethics Quarterly 12 (3):331-350 (2002)

Authors
Robert Edward Freeman
University of Virginia
Abstract
Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called “stakeholder theory” has roots that are deeply libertarian. We begin by explicating both “stakeholder theory” and “libertarian arguments.” We show how there are libertarian arguments for both instrumental and normative stakeholder theory, and we construct a version of capitalism, called “stakeholder capitalism,” that builds on these libertarian ideas. We argue throughout that strong notions of “freedom” and “voluntary action” are the best possible underpinnings for stakeholder theory, and in doing so, seek to return “stakeholder theory” to its managerial and libertarian roots found in Freeman (1984)
Keywords Applied Philosophy  Business and Professional Ethics  Social Science
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ISBN(s) 1052-150X
DOI 10.2307/3858020
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References found in this work BETA

Word and Object.Willard Van Orman Quine - 1960 - Les Etudes Philosophiques 17 (2):278-279.
Darwin's Dangerous Idea: Evolution and the Meanings of Life.David L. Hull - 1997 - British Journal for the Philosophy of Science 48 (3):435-438.
Business Ethics and Stakeholder Analysis.Kenneth E. Goodpaster - 1991 - Business Ethics Quarterly 1 (1):53-73.

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Citations of this work BETA

What Stakeholder Theory is Not.Andrew C. Wicks - 2003 - Business Ethics Quarterly 13 (4):479-502.
The Fallacy of Corporate Moral Agency.David Rönnegard (ed.) - 2015 - Springer Netherlands.

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