Business Ethics Quarterly 29 (3):317-342 (2019)
AbstractABSTRACT:The profound influence of Thomas Donaldson and Thomas Dunfee’s integrative social contracts theory on the field of business ethics has been challenged by Andreas Scherer and Guido Palazzo’s Habermasian approach, which has achieved prominence of late with articles that expressly question the defensibility of ISCT’s hypernorms. This article builds on recent efforts by Donaldson and Scherer to bridge their accounts by providing discursive foundations to the hypernorms at the heart of the ISCT framework. Extending prior literature, we propose an ISCT* framework designed to retain ISCT’s practical virtue of managerial guidance while answering the demands of Scherer and Palazzo’s discursive account. By subscribing to a suitable portfolio of discursively justified hypernorms, we argue, companies unlock the valuable moral guidance of ISCT*, which says to treat these hypernorms as unequivocal outer bounds to the pursuit of business and as a starting point to tailor local norms through discursive stakeholder engagement.
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References found in this work
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Citations of this work
From Greenwashing to Machinewashing: A Model and Future Directions Derived From Reasoning by Analogy.Peter Seele & Mario D. Schultz - 2022 - Journal of Business Ethics 178 (4):1063-1089.
On Integrative Social Contracts Theory and Corporate Decision‐Making in a Polarized Political Economy.Catharyn Baird & Don Mayer - 2021 - Wiley: Business and Society Review 126 (1):3-23.
Stakeholder Engagement: Past, Present, and Future.Daniel Laude, Anna Heikkinen, Heta Leinonen, Sybille Sachs & Johanna Kujala - 2022 - Business and Society 61 (5):1136-1196.
Assessing the Legitimacy of Corporate Political Activity: Uber and the Quest for Responsible Innovation.Gastón de los Reyes & Markus Scholz - forthcoming - Journal of Business Ethics:1-19.
The Separation Thesis Weighs Heavily on Integrative Social Contracts Theory: A Comprehensive Critique.César González-Cantón - 2022 - Philosophy of Management 21 (3):391-411.
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