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  1. Micro-Credit NGOs and Strategic Trust: An Odd Couple?Kazi A. S. M. Nurul Huda - 2021 - Business Ethics, the Environment and Responsibility 30 (3):360-377.
    This study contributes to the micro-credit literature by addressing the lack of philosophical dialogue concerning the issue of trust between micro-credit NGOs and rural poor women. The study demonstrates that one of the root causes of NGOs’ contested roles in Bangladesh is the norm that they use (i.e., trust) to rationalize their micro-credit activities. I argue that Bangladeshi micro-credit NGOs’ trust in poor village women is not genuine because they resort to group responsibility sustained through aggressive surveillance. I maintain so (...)
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  • The Right to Credit.Marco Meyer - 2018 - Journal of Political Philosophy 26 (3):304-326.
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  • Attuned HRM Systems for Social Enterprises.Silvia Dorado, Ying Chen, Andrea M. Prado & Virginia Simon - 2022 - Journal of Business Ethics 178 (3):829-848.
    This paper is motivated by a puzzling observation made when conducting a case study of ProCredit, a well-known social bank. The HR practices that this social enterprise adopted to cultivate mission identification were unfavorably impacting its retention rate. Building on prior research and our analysis of the case, we argue the need for SEs to embrace HRM systems that are both mission-identification proactive and employee-retention preemptive. It theorizes that these HRM systems should be attuned to the labor market conditions that (...)
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  • State Power: Rethinking the Role of the State in Political Corporate Social Responsibility.Judith Schrempf-Stirling - 2018 - Journal of Business Ethics 150 (1):1-14.
    Key accomplishments of political corporate social responsibility scholarship have been the identification of global governance gaps and a proposal how to tackle them. Political CSR scholarship assumes that the traditional roles of state and business have eroded, with states losing power and business gaining power in a globalized world. Consequently, the future of CSR lies in political CSR with new global governance forms which are organized by mainly non-state actors. The objective of the paper is to deepen our understanding of (...)
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  • Epistemic Injustice in Finance.Boudewijn de Bruin - 2021 - Topoi 40 (4):755-763.
    This article applies philosophical work on epistemic injustice and cognate concepts to study gender and racial disparity in financial markets. Members of disadvantaged groups often receive inferior financial services. In most jurisdictions, it is illegal to provide discriminatorily disparate treatment to groups defined by gender and skin colour. Racial disparity in financial services is generally considered to be discriminatory. The standard view among most regulators is that gender disparity is not discriminatory, though. Through an analysis of various exemplary cases, I (...)
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  • Moral Economy and Normative Ethics.Joakim Sandberg - 2015 - Journal of Global Ethics 11 (2):176-187.
    ‘Moral economy’ has become a popular concept in empirical research in disciplines such as history, anthropology, sociology and political science. This research utilizes normative concepts and has obvious normative implications and relevance. However, there has been little to no dialogue between this research and philosophers working on normative ethics. The present article seeks to remedy this situation by highlighting fertile points of dialogue between descriptive and normative ethicists. The proposition is that empirical researchers can become more precise and stringent in (...)
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  • Rights and Corporate Social Responsibility: Competing or Complementary Approaches to Poverty Reduction and Socioeconomic Rights?Onyeka K. Osuji & Ugochukwu L. Obibuaku - 2016 - Journal of Business Ethics 136 (2):329-347.
    Following the situation of poverty in the rights paradigm, this paper explores the links between the rights-based and corporate social responsibility approaches to the realization of socioeconomic rights in the broader context of an emerging recognition of CSR as private regulation of business behaviour. It examines complex theoretical and practical dimensions of responsibility and potential contributions of businesses to poverty alleviation and clarifies the apparent paradox of legal compulsion of essentially voluntary CSR activities. Rather than treat rights and CSR as (...)
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  • What Could Be Wrong with a Mortgage? Private Debt Markets From a Perspective of Structural Injustice.Lisa Herzog - 2017 - Journal of Political Philosophy 25 (4):411-434.
    In many Western capitalist economies, private indebtedness is pervasive, but it has received little attention from political philosophers. Economic theory emphasizes the liberating potential of debt contracts, but its picture is based on assumptions that do not always hold, especially when there is a background of structural injustice. Private debt contracts are likely to miss their liberating potential if there is deception or lack of information, if there is insufficient access to (regular forms of) credit, or if credit is overly (...)
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  • The Influence of Interorganizational Collaboration on Logic Conciliation and Tensions Within Hybrid Organizations: Insights from Social Enterprise–Corporate Collaborations.Claudia Savarese, Benjamin Huybrechts & Marek Hudon - 2021 - Journal of Business Ethics 173 (4):709-721.
    An increasing amount of research has examined the management of competing logics, and possible tensions arising between them, within “hybrid organizations.” However, the ways in which the relationships of hybrids with other organizations shape the conciliation of these logics and tensions have received limited attention so far. In this theoretical paper, we examine how hybrid organizations deal with interorganizational collaboration, in particular whether and how their hybridity can be maintained when they partner with “dominant-logic organizations.” Drawing on empirical literature on (...)
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  • Measuring Social Performance in Social Enterprises: A Global Study of Microfinance Institutions.Leif Atle Beisland, Kwame Ohene Djan, Roy Mersland & Trond Randøy - 2021 - Journal of Business Ethics 171 (1):51-71.
    Social enterprises in the microfinance industry need to adhere to both financial and social demands. Critics argue that there is a mission drift away from the social mission, and this has motivated the introduction of social rating agencies to strengthen the business ethics of microfinance institutions. Using a global dataset of 204 socially rated MFIs from 58 countries, we assess the factors that drive the social performance ratings of MFIs. Overall our results show that social ratings of MFIs are significantly (...)
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  • What is a Fair Level of Profit for Social Enterprise? Insights from Microfinance.Marek Hudon, Marc Labie & Patrick Reichert - 2020 - Journal of Business Ethics 162 (3):627-644.
    Although microfinance organizations are generally considered as inherently ethical, recent events have challenged the legitimacy of the sector. High interest rates and the excessive profitability of some market leaders have raised the question of how to define a fair profit level for social enterprise. In this article, we construct a fair profit framework based on four dimensions: profitability, social mission, pricing, and surplus distribution. We then apply this framework using an empirical sample of 496 microfinance institutions. Results indicate that satisfying (...)
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  • Microfinance Performance and Social Capital: A Cross-Country Analysis.Luminita Postelnicu & Niels Hermes - 2018 - Journal of Business Ethics 153 (2):427-445.
    In recent years, the microfinance industry has received a substantial amount of cross-border funding from both public and private sources. This funding reflects the increasing interest in microfinance as part of a more general trend towards socially responsible investments. In order to be able to secure sustained interest from these investors, it is important that the microfinance industry can show evidence of its contribution to reducing poverty at the bottom of the pyramid. For this, it is crucial to understand under (...)
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  • A Study of Codes of Ethics for Mexican Microfinance Institutions.Lauren Kleynjans & Marek Hudon - 2016 - Journal of Business Ethics 134 (3):397-412.
    Most scholarly interest in codes of ethics or conduct has focused on traditional companies. Little is known about the codes of social enterprises or hybrid organizations such as microfinance institutions. Our paper provides a comparative case study of the codes of a Mexican microfinance network and seven MFIs. Using the corporate integrity model, we analyze the content of MFIs’ codes compared to those of traditional organizations. We then examine to what extent some specific features of MFIs such as their mission, (...)
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  • Empowering Women Through Corporate Social Responsibility: A Feminist Foucauldian Critique.Lauren McCarthy - 2017 - Business Ethics Quarterly 27 (4):603-631.
    ABSTRACT:Corporate social responsibility has been hailed as a new means to address gender inequality, particularly by facilitating women’s empowerment. Women are frequently and forcefully positioned as saviours of economies or communities and proponents of sustainability. Using vignettes drawn from a CSR women’s empowerment programme in Ghana, this conceptual article explores unexpected programme outcomes enacted by women managers and farmers. It is argued that a feminist Foucauldian reading of power as relational and productive can help explain this since those involved are (...)
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  • Political Stakeholder Theory: The State, Legitimacy, and the Ethics of Microfinance in Emerging Economies.Tricia D. Olsen - 2017 - Business Ethics Quarterly 27 (1):71-98.
    ABSTRACT:How does the state influence stakeholder legitimacy? And how does this process affect an industry’s ethical challenges? Stakeholder theory adopts a forward-looking perspective and seeks to understand how managers can address stakeholders’ claims to improve the firm’s ability to create value. Yet, existing work does not adequately address the role of the state in defining the stakeholder universe nor the implications this may have for subsequent ethical challenges managers face. This article develops a political stakeholder theory by weaving together the (...)
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  • Can Microfinance Work? How to Improve Its Ethical Balance and Effectiveness by Lesley Sherratt. New York: Oxford University Press, 2016. 256 Pp. ISBN: 978-0199383191. [REVIEW]Marek Hudon - 2018 - Business Ethics Quarterly 28 (2):227-229.
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  • Social or Commercial? Innovation Strategies in Social Enterprises at Times of Turbulence.Tommaso Ramus, Barbara La Cara, Antonino Vaccaro & Stefano Brusoni - 2018 - Business Ethics Quarterly 28 (4):463-492.
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