Freeman and Evan: Stakeholder Theory in the Original Position

Business Ethics Quarterly 9 (2):207-224 (1999)

Abstract

We argue that the Rawlsian social contract argument advanced for stakeholder theory by R. Edward Freeman, writing alone and with William M. Evan, fails in three main ways. First, it is true to Rawls in neither form, nor purpose, nor the level of knowledge (or ignorance) required to motivate the veil of ignorance. Second, it fails to tailor the veil of ignorance to the fairness conditions that are required to solve the moral problem that Freeman and Evan set out to solve (whereas Rawls’s own use of the device surely tailors the veil of ignorance to the problem of designing a just social order). Third, the argument, considered apart from its claimed Rawlsian pedigree, fails to bolster the stakeholder theory because it fails to demonstrate the rationality of adopting the institutional rules that Freeman and Evan favor

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Citations of this work

The Stakeholder Model Refined.Yves Fassin - 2009 - Journal of Business Ethics 84 (1):113-135.
The Fallacy of Corporate Moral Agency.David Rönnegard (ed.) - 2015 - Springer Netherlands.
There Is No Rawlsian Theory of Corporate Governance.Abraham Singer - 2015 - Business Ethics Quarterly 25 (1):65-92.
Stakeholder Theory: A Deliberative Perspective.Ulf Henning Richter & Kevin E. Dow - 2017 - Business Ethics: A European Review 26 (4):428-442.
Business Ethics.Jeffrey Moriarty - 2016 - Stanford Encyclopedia of Philosophy.

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