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  1. The Fallacy of Corporate Moral Agency.David Rönnegard (ed.) - 2015 - Springer Netherlands.
    This section aims to summarize and conclude Part I in the form of a taxonomy of legitimate and illegitimate corporate moral responsibility attributions. I believe we can categorise four types of corporate moral responsibility attributions two of which are legitimate and two which are illegitimate with regard to our concept of moral agency and our moral intuition of fairness.
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  • Stakeholder Theory: A Deliberative Perspective.Ulf Henning Richter & Kevin E. Dow - 2017 - Business Ethics: A European Review 26 (4):428-442.
    Organizations routinely make choices when addressing conflicting stakes of their stakeholders. As stakeholder theory continues to mature, scholars continue to seek ways to make it more usable, yet proponents continue to debate its legitimacy. Various scholarly attempts to ground stakeholder theory have not narrowed down this debate. We draw from the work of Juergen Habermas to theoretically advance stakeholder theory, and to provide practical examples to illustrate our approach. Specifically, we apply Habermas’ language-pragmatic approach to extend stakeholder theory by advancing (...)
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  • Business Ethics.Jeffrey Moriarty - 2016 - Stanford Encyclopedia of Philosophy.
    This article provides an overview of the field of business ethics.
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  • Business Ethics.Alexei Marcoux - 2008 - Stanford Encyclopedia of Philosophy.
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  • Rawls on Markets and Corporate Governance.Wayne Norman - 2015 - Business Ethics Quarterly 25 (1):29-64.
    ABSTRACT:Like most egalitarian political philosophers, John Rawls believes that a just society will rely on markets and business firms for much of its economic activity—despite acknowledging that market systems will tend to create very unequal distributions of goods, opportunities, power, and status. Rawls himself remains one of the few contemporary political philosophers to explore at any length the way an egalitarian theory of justice might deal with fundamental options in political economy. This article examines his arguments and conclusions on these (...)
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  • There Is No Rawlsian Theory of Corporate Governance.Abraham Singer - 2015 - Business Ethics Quarterly 25 (1):65-92.
    ABSTRACT:The major aim of this article is to show that John Rawls’s theory of justice cannot be applied effectively to questions of business ethics and corporate governance. I begin with a reading of Rawls that emphasizes both the critical and pragmatic nature of his theory. In the second section I look more closely at the notion of society’s “basic structure” and its place within Rawls’s theory. In the third section, I argue that “the corporation” cannot be understood as part of (...)
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  • Stakeholder Conceptions of the Corporation: Their Meaning and Influence in Accounting Research.Robin W. Roberts & Lois Mahoney - 2004 - Business Ethics Quarterly 14 (3):399-431.
    In this paper we develop a categorization scheme for stakeholder research based on differences in studies’ primary level of analysis and use this scheme to review and critique genres of stakeholder-based accounting research. We draw three primary conclusions: 1) stakeholder research in accounting should more clearly incorporate the business ethics stakeholder literature, 2) ethical issues are much less likely to be considered in stakeholderbased accounting research when a managerial agency level of analysis is adopted, and 3) the accounting discipline can (...)
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  • La aplicación restringida de Rawls en la ética de la empresa: una concepción política de la teoría de los stakeholders y de la moralidad de los mercados.Marc A. Cohen - 2012 - Co-herencia 9 (16):145-184.
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  • The Stakeholder Model Refined.Yves Fassin - 2009 - Journal of Business Ethics 84 (1):113-135.
    The popularity of the stakeholder model has been achieved thanks to its powerful visual scheme and its very simplicity. Stakeholder management has become an important tool to transfer ethics to management practice and strategy. Nevertheless, legitimate criticism continues to insist on clarification and emphasises on the perfectible nature of the model. Here, rather than building on the discussion from a philosophical or theoretical point of view, a different and innovative approach has been chosen: the analysis will return to the origin (...)
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  • Director Stock Compensation: An Invitation to a Conspicuous Conflict of Interests?Catherine M. Daily - 2001 - Business Ethics Quarterly 11 (1):89-108.
    While many aspects of stock and option based compensation for corporate officers remain controversial, we suggest that the growingtrend for similar practices in favor of boards of directors will prove to be even more contentious. High-ranking corporate managers do not set their own salaries nor authorize their own stock options. By contrast, boards of directors do, in fact, set their own compensationpackages. Other potential conflicts of interest include setting option performance targets, stock buybacks, stock option resets and reloads, consolidations (mergers (...)
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  • Missing the Target: Normative Stakeholder Theory and the Corporate Governance Debate.John Hendry - 2001 - Business Ethics Quarterly 11 (1):159-176.
    After a decade of intensive debate, stakeholder ideas have come to exert a significant influence on academic managementthinking, but normative stakeholder theory itself appears to be in considerable disarray. This paper attempts to untangle the confusionand to prepare the ground for a more productive approach to the normative stakeholder problem. The paper identifies three distinctkinds of normative stakeholder theory and three different levels of claim that can be made by such theories, and uses this classificationto argue that stakeholder theorists have (...)
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  • Corporate Institutions in a Weakened Welfare State: A Rawlsian Perspective.Sandrine Blanc & Ismael Al-Amoudi - 2013 - Business Ethics Quarterly 23 (4):497-525.
    This paper re-examines the import of Rawls’s theory of justice for private sector institutions in the face of the decline of the welfare state. The argument is based on a Rawlsian conception of justice as the establishment of a basic structure of society that guarantees a fair distribution of primary goods. We propose that the decline of the welfare state witnessed in Western countries over the past forty years prompts a reassessment of the boundaries of the basic structure in order (...)
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  • The Narrow Application of Rawls in Business Ethics: A Political Conception of Both Stakeholder Theory and the Morality of Markets.Marc A. Cohen - 2010 - Journal of Business Ethics 97 (4):563-579.
    This paper argues that Rawls’ principles of justice provide a normative foundation for stakeholder theory. The principles articulate (at an abstract level) citizens’ rights; these rights create interests across all aspects of society, including in the space of economic activity; and therefore, stakeholders – as citizens – have legitimate interests in the space of economic activity. This approach to stakeholder theory suggests a political interpretation of Boatright’s Moral Market approach, one that emphasizes the rights/place of citizens. And this approach to (...)
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  • Behavioral Economics, Federalism, and the Triumph of Stakeholder Theory.Allen Kaufman & Ernie Englander - 2011 - Journal of Business Ethics 102 (3):421-438.
    Stakeholder theorists distinguish between normative stakeholders, those who gain moral standing by making contributions to the firm, and derivative stakeholders, those who can constrain the corporate association even though they make no contribution. The board of directors has the legal authority to distinguish among these stakeholder groups and to distribute rights and obligations among these stakeholder groups. To be sure, this stakeholder formulation appropriately seizes on the firm’s voluntary, associative character. Yet, the firm’s constituents contribute assets and incur risks to (...)
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  • Why Stakeholder And Stockholder Theories Are Not Necessarily Contradictory: A Knightian Insight.S. Ramakrishna Velamuri & S. Venkataraman - 2005 - Journal of Business Ethics 61 (3):249-262.
    The normative foundations of the investor centered model of corporate governance, represented in mainstream economics by the nexus-of-contracts view of the firm, have come under attack, mainly by proponents of normative stakeholder theory. We argue that the nexusof- contracts view is static and limited due to its assumption of price-output certainty. We attempt a synthesis of the nexus-of-contracts and the Knightian views, which provides novel insights into the normative adequacy of the investor-centered firm. Implications for scholarship and management practice follow (...)
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  • Corporate Governance and Ethics: A Feminist Perspective.Silke Machold, Pervaiz K. Ahmed & Stuart S. Farquhar - 2008 - Journal of Business Ethics 81 (3):665-678.
    The mainstream literature on corporate governance is based on the premise of conflicts of interest in a competitive game played by variously defined stakeholders and thus builds explicitly and/or implicitly on masculinist ethical theories. This article argues that insights from feminist ethics, and in particular ethics of care, can provide a different, yet relevant, lens through which to study corporate governance. Based on feminist ethical theories, the article conceptualises a governance model that is different from the current normative orthodoxy.
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