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  1. Reconceptualizing Entrepreneurial Performance: The Creation and Destruction of Value From a Stakeholder Capabilities Perspective.Ishrat Ali & Griffin W. Cottle - 2019 - Journal of Business Ethics 170 (4):781-796.
    Although scholars have long known that entrepreneurship involves the interaction of countless individuals beyond the entrepreneur, traditional performance metrics are limited to capturing the economic value that is created for shareholders. Multiple scholars have suggested that it should be possible to develop a more complete assessment that is able to simultaneously capture both the economic and non-economic consequences of entrepreneurship that exist for the broader network of firm stakeholders. The purpose of this paper is to provide a more nuanced understanding (...)
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  • Against Paretianism: A Wealth Creation Approach to Business Ethics.Carson Young - 2022 - Business Ethics Quarterly 32 (3):475-501.
    How should we distinguish between ethical and unethical ways of pursuing profit in a market? The market failures approach to business ethics purports to provide an answer to this question. I argue that it fails to do so. The source of this failure is the MFA’s reliance on Pareto efficiency as a core ethical principle. Many ethically “preferred” tactics for seeking profit cannot be justified by appeal to Pareto efficiency. One important reason for this is that Pareto efficiency, as understood (...)
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  • Corporate Profit, Social Welfare, and the Logic of Capitalism.S. L. Reiter - 2016 - Business and Society Review 121 (3):331-363.
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  • Do Corporate Customers Prefer Socially Responsible Suppliers? An Instrumental Stakeholder Theory Perspective.Ran Tao, Jian Wu & Hong Zhao - forthcoming - Journal of Business Ethics:1-24.
    This paper studies the way supplier firms’ corporate social responsibility affects their likelihood of being selected as new suppliers. Using a large sample of US public firms with detailed supply chain and CSR data, we provide empirical evidence that corporate customers prefer socially responsible suppliers, and that the effect is more prominent when the supplier industry is more competitive, the customer’s own CSR performance is better, or the supplier and the customer have more similar CSR focuses. Our paper contributes to (...)
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  • Efficiency and Ethically Responsible Management.Jeffery Smith - 2018 - Journal of Business Ethics 150 (3):603-618.
    One common justification for the pursuit of profit by business firms within a market economy is that profit is not an end in itself but a means to more efficiently produce and allocate resources. Profit, in short, is a mechanism that serves the market’s purpose of producing Pareto superior outcomes for society. This discussion examines whether such a justification, if correct, requires business managers to remain attentive to how their firm’s operation impacts the market’s purpose. In particular, it is argued (...)
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  • Synthesising Corporate Responsibility on Organisational and Societal Levels of Analysis: An Integrative Perspective.Pasi Heikkurinen & Jukka Mäkinen - 2018 - Journal of Business Ethics 149 (3):589-607.
    This article develops an integrative perspective on corporate responsibility by synthesising competing perspectives on the responsibility of the corporation at the organisational and societal levels of analysis. We review three major corporate responsibility perspectives, which we refer to as economic, critical, and politico-ethical. We analyse the major potential uses and pitfalls of the perspectives, and integrate the debate on these two levels. Our synthesis concludes that when a society has a robust division of moral labour in place, the responsibility of (...)
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  • Stakeholder Engagement: Past, Present, and Future.Daniel Laude, Anna Heikkinen, Heta Leinonen, Sybille Sachs & Johanna Kujala - 2022 - Business and Society 61 (5):1136-1196.
    Stakeholder engagement has grown into a widely used yet often unclear construct in business and society research. The literature lacks a unified understanding of the essentials of stakeholder engagement, and the fragmented use of the stakeholder engagement construct challenges its development and legitimacy. The purpose of this article is to clarify the construct of stakeholder engagement to unfold the full potential of stakeholder engagement research. We conduct a literature review on 90 articles in leading academic journals focusing on stakeholder engagement (...)
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  • What We Talk About When We Talk About Stakeholders.Heather Elms, Shawn L. Berman, Hussein Fadlallah, Robert A. Phillips & Michael E. Johnson-Cramer - 2022 - Business and Society 61 (5):1083-1135.
    Will stakeholder theory continue to transform how we think about business and society? On the occasion of this journal’s 60th anniversary, this review article examines the journal’s role in shaping stakeholder theory to date and suggests that it still has transformative potential. We conducted a bibliometric analysis of co-citations in the literature from 1984 to 2020. Reporting these results, we examine the field’s evolving structure. Contextualized theoretically as an accomplishment of institutional work—the creation of a meaningful and innovative field ideology—this (...)
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  • Operationalizing Stakeholder Theory and Prioritizing Ethics in MBA Programs: The Utility of a Trust Approach.S. Duane Hansen, Matthew Mouritsen, James H. Davis & David Noack - 2019 - Business and Society Review 124 (4):523-541.
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  • Factors Leadind Corporations to Continue.Marius Gavrila & Radu-Marius Gavrila - 2019 - Dissertation, Walden University
    Accountability for corporate social responsibility (CSR) and its societal challenges is undetermined, and it is unclear whether business or society should carry these responsibilities. Despite severe criticism from some, many organizations continue to invest in and promote CSR. The purpose of this multiple-case study was to increase the understanding of the phenomenon from the perspective of a purposeful sample of participants who contribute to CSR execution and who were representatives of the 10 organizations identified as active promoters. The participant corporations (...)
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  • Bounded Ethicality and The Principle That “Ought” Implies “Can”.Tae Wan Kim, Rosemarie Monge & Alan Strudler - 2015 - Business Ethics Quarterly 25 (3):341-361.
    ABSTRACT:In this article we investigate a philosophical problem for normative business ethics theory suggested by a phenomenon that contemporary psychologists call “bounded ethicality,” which can be identified with the putative fact that well-intentioned people, constrained by psychological limitations, make ethical choices inconsistent with their own ethical beliefs and commitments. When one combines the idea that bounded ethicality is pervasive with the idea that a person morally ought to do something only if she can, it raises a doubt about the practical (...)
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  • Corporate Responsibility, Democracy, and Climate Change.Denis G. Arnold - 2016 - Midwest Studies in Philosophy 40 (1):252-261.
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  • Stakeholder Happiness Enhancement: A Neo-Utilitarian Objective for the Modern Corporation.Thomas M. Jones & Will Felps - 2013 - Business Ethics Quarterly 23 (3):349-379.
    Employing utilitarian criteria, Jones and Felps, in “Shareholder Wealth Maximization and Social Welfare: A Utilitarian Critique”, examined the sequential logic leading from shareholder wealth maximization to maximal social welfare and uncovered several serious empirical and conceptual shortcomings. After rendering shareholder wealth maximization seriously compromised as an objective for corporate operations, they provided a set of criteria regarding what a replacement corporate objective would look like, but do not offer a specific alternative. In this article, we draw on neo-utilitarian thought to (...)
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  • A Stakeholder–Human Capital Perspective on the Link Between Social Performance and Executive Compensation.Peter M. Madsen & John B. Bingham - 2014 - Business Ethics Quarterly 24 (1):1-30.
    ABSTRACT:The link between firm corporate social performance and executive compensation could be driven by a sorting effect, or by an incentive effect. Existing empirical work focuses exclusively on the incentive effect. In contrast, in this paper we explore the sorting effect of firm CSP on the initial compensation of newly hired executives. In doing so, we develop a novel theoretical approach based on an integration of stakeholder theory and human capital theory, suggesting a positive association between the initial compensation of (...)
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  • CSR for Happiness: Corporate Determinants of Societal Happiness as Social Responsibility.Austin Chia, Margaret L. Kern & Benjamin A. Neville - 2020 - Business Ethics: A European Review 29 (3):422-437.
    Business Ethics: A European Review, EarlyView.
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  • Virtuous Social Responsiveness: Flourishing with Dignity.Pamala J. Dillon - 2021 - Humanistic Management Journal 6 (2):169-185.
    Corporate social responsibility focuses organizational inquiry on the role of business in society and corporate social performance provides a framework comprised of principles, processes and outcomes describing CSR performance. Virtuous social responsiveness describes CSP from a humanistic management perspective, providing an alternative principle of social responsibility as the basis from which processes and outcomes flow. Incorporating humanistic management assumptions into the role of business in society leads to social performance predicated on well-being creation and dignity promotion. VSR requires a principle (...)
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  • Applying Metaethical and Normative Claims of Moral Relativism to (Shareholder and Stakeholder) Models of Corporate Governance.Andrew West - 2016 - Journal of Business Ethics 135 (2):199-215.
    There has, in recent decades, been considerable scholarship regarding the moral aspects of corporate governance, and differences in corporate governance practices around the world have been widely documented and investigated. In such a context, the claims associated with moral relativism are relevant. The purpose of this paper is to provide a detailed consideration of how the metaethical and normative claims of moral relativism in particular can be applied to corporate governance. This objective is achieved, firstly, by reviewing what is meant (...)
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  • The Moral Complexity of Agriculture: A Challenge for Corporate Social Responsibility.Evelien M. de Olde & Vladislav Valentinov - 2019 - Journal of Agricultural and Environmental Ethics 32 (3):413-430.
    Over the past decades, the modernization of agriculture in the Western world has contributed not only to a rapid increase in food production but also to environmental and societal concerns over issues such as greenhouse gas emissions, soil quality and biodiversity loss. Many of these concerns, for example those related to animal welfare or labor conditions, are stuck in controversies and apparently deadlocked debates. As a result we observe a paradox in which a wide range of corporate social responsibility initiatives, (...)
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  • Stakeholder Identification and Salience After 20 Years: Progress, Problems, and Prospects.Logan M. Bryan, Bradley R. Agle, Ronald K. Mitchell & Donna J. Wood - 2021 - Business and Society 60 (1):196-245.
    To contribute to the continuing challenge of explaining how managers identify stakeholders and assess their salience, in this article, we chronicle the history, assess the impact, and evaluate the possibilities opened by Mitchell, Agle, and Wood. We do so through two types of qualitative analysis, and also through utilizing a quantitative network analysis tool. The first qualitative analysis categorizes the major contributions of the most influential papers succeeding MAW-1997; the second identifies and compares the relevant issues with MAW-1997 at the (...)
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  • Shareholder Primacy and Deontology.Hasko von Kriegstein - 2015 - Business and Society Review 120 (3):465-490.
    This article argues that shareholder primacy cannot be defended on the grounds that there is something special about the position of shareholders that grounds a right to preferential treatment on part of management. The notions of property and contract, traditionally thought to ground such a right, are now widely recognized as incapable of playing that role. This leaves shareholder theorists with two options. They can either abandon the project of arguing for their view on broadly deontological grounds and try to (...)
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  • They Reap but Do Not Sow: How Multinational Corporations Are Putting an End to Virtuous Capitalism.Gerard A. Callanan - 2015 - Business and Society Review 120 (3):363-384.
  • Does Raising Value Co-Creation Increase All Customers’ Happiness?Yi-Ching Hsieh, Hung-Chang Chiu, Yun-Chia Tang & Wei-Yun Lin - 2018 - Journal of Business Ethics 152 (4):1053-1067.
    Happiness, defined as a state of well-being and contentment, is a central human goal. Despite advances in customer behavior research related to value co-creation, the link between customer happiness and these behaviors remains unclear. This study therefore examines customers’ in-role participation behavior and extra-role citizenship behavior to determine their influence on customers’ happiness. Customer participation and citizenship behaviors relate positively to customers’ perceptions of both service performance and their contributions to others’ welfare. In addition, collectivism moderates the relationship between perceived (...)
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  • Corporate Tax: What Do Stakeholders Expect?Carola Hillenbrand, Kevin Guy Money, Chris Brooks & Nicole Tovstiga - 2019 - Journal of Business Ethics 158 (2):403-426.
    Motivated by the ongoing controversy surrounding corporate tax, this article presents a study that explores stakeholder expectations of corporate tax in the context of UK business. We conduct a qualitative analysis of in-depth interviews with representatives of community groups, as well as interviews with those representing business groups. We then identify eight themes that together describe “what” companies need to do, “how” they need to do it, and “why” they need to do it, if they wish to appeal to a (...)
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  • Creating Value by Sharing Values: Managing Stakeholder Value Conflict in the Face of Pluralism Through Discursive Justification.Maximilian J. L. Schormair & Dirk Ulrich Gilbert - 2021 - Business Ethics Quarterly 31 (1):1-36.
    ABSTRACTThe question of how to engage with stakeholders in situations of value conflict to create value that includes a plurality of conflicting stakeholder value perspectives represents one of the crucial current challenges of stakeholder engagement as well as of value creation stakeholder theory. To address this challenge, we conceptualize a discursive sharing process between affected stakeholders that is oriented toward discursive justification involving multiple procedural steps. This sharing process provides procedural guidance for firms and stakeholders to create pluralistic stakeholder value (...)
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  • Guest Editors’ Introduction:Corporate Sustainability Management and Environmental Ethics.Douglas Schuler, Andreas Rasche, Dror Etzion & Lisa Newton - 2017 - Business Ethics Quarterly 27 (2):213-237.
    ABSTRACT:This article reviews four key orientations in environmental ethics that range from an instrumental understanding of sustainability to one that acknowledges the intrinsic value of sustainable behavior. It then shows that the current scholarly discourse around corporate sustainability management—as reflected in environment management, corporate social responsibility, and corporate political activity —mostly favors an instrumental perspective on sustainability. Sustainable business practices are viewed as anthropocentric and are conceptualized as a means to achieve competitive advantage. Based on these observations, we speculate about (...)
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  • Innovation in Multistakeholder Settings: The Case of a Wicked Issue in Health Care.Edwin Rühli, Sybille Sachs, Ruth Schmitt & Thomas Schneider - 2017 - Journal of Business Ethics 143 (2):289-305.
    In this article, we offer an approach of how participative stakeholder innovation can be evaluated in complex multistakeholder settings that address wicked issues. Based on the principle of mutual value creation, we present an evaluation framework that accounts for the social interaction process during which stakeholders integrate their resources and capabilities to develop innovative products and services. To assess this evaluation framework, we collected multiple data from the case study of the Swiss Cardiovascular Network, which represents a multistakeholder setting related (...)
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  • Stakeholder Capability Enhancement as a Path to Promote Human Dignity and Cooperative Advantage.Michelle K. Westermann-Behaylo, Harry J. Van Buren & Shawn L. Berman - 2016 - Business Ethics Quarterly 26 (4):529-555.
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