Business Ethics: A European Review 27 (2):144-155 (2018)

Abstract
The starting point of this paper is the need to promote a people-centred corporate social responsibility framework in a context where many human needs and rights remain unsatisfied and where businesses may have both a positive and a negative impact on the quality of life of human beings today and tomorrow and may even lead to irreversible damage. Our normative definition of CSR is consistent with the criteria established by the EU Commission in 2011. We conceive CSR as a responsibility towards human development in two complementary ways: a holistic responsibility shared by companies together with other actors to safeguard humanity and a direct liability of each company for its impact on stakeholders' capabilities. We apply Nussbaum's list of central capabilities and concept of thresholds to specify the nature and extent of corporate responsibilities towards employees, subcontractors, investors, customers, and humanity as a whole. In addition, we leverage fieldwork in developing and developed countries to analyse the effect of business activities on human capabilities. We demonstrate that by quantifying the impact of businesses' activities on various dimensions of stakeholders' lives, and especially on the most vulnerable ones, these businesses can be held accountable for the negative externalities they produce.
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
DOI 10.1111/beer.12181
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 63,323
Through your library

References found in this work BETA

Responsibility and Global Justice: A Social Connection Model.Iris Marion Young - 2006 - Social Philosophy and Policy 23 (1):102-130.
On Ethics and Economics.Amartya Sen - 1989 - Tijdschrift Voor Filosofie 51 (4):722-723.

View all 21 references / Add more references

Citations of this work BETA

View all 17 citations / Add more citations

Similar books and articles

Business and Human Rights.Michelle Westermann-Behaylo & Harry J. van Buren Iii - 2011 - Proceedings of the International Association for Business and Society 22:99-110.

Analytics

Added to PP index
2018-01-19

Total views
25 ( #436,473 of 2,448,705 )

Recent downloads (6 months)
2 ( #301,447 of 2,448,705 )

How can I increase my downloads?

Downloads

My notes