Corporations, Stakeholders and Sustainable Development I: A Theoretical Exploration of Business–Society Relations

Journal of Business Ethics 61 (3):263-281 (2005)
  Copy   BIBTEX


Sustainable development (SD) – that is, “Development that meets the needs of current generations without compromising the ability of future generations to meet their needs and aspirations” – can be pursued in many different ways. Stakeholder relations management (SRM) is one such way, through which corporations are confronted with economic, social, and environmental stakeholder claims. This paper lays the groundwork for an empirical analysis of the question of how far SD can be achieved through SRM. It describes the so-called SD–SRM perspective as a distinctive research approach and shows how it relates to the wider body of stakeholder theory. Next, the concept of SD is operationalized for the microeconomic level with reference to important documents. Based on the ensuing SD framework, it is shown how SD and SRM relate to each other, and how the two concepts relate to other popular concepts such as Corporate Sustainability and Corporate Social Responsibility. The paper concludes that the significance of societal guiding models such as SD and of management approaches like CSR is strongly dependent on their footing in society.



    Upload a copy of this work     Papers currently archived: 77,985

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Extended Corporate Citizenship: A Libertarian Interpretation.Jukka Makinen & Petri Rasanen - 2011 - Electronic Journal of Business Ethics and Organization Studies 16 (2):6-11.
Newspapers on sustainable development Ð a postmodern business perspective.Lise-Lotte Hellsre & Bjsrn Vikstrsm - 2009 - Electronic Journal of Business Ethics and Organization Studies 14 (2):21-30.
Sustainable development: Scientific and ethical assessments. [REVIEW]Mario Giampietro & Sandra G. F. Bukkens - 1992 - Journal of Agricultural and Environmental Ethics 5 (1):27-57.
Reply to Leisinger.Sybille Sachs - 2012 - Business and Professional Ethics Journal 31 (1):187-193.
Some Observations on the Global Practice of Socially Responsible Investment.Donald H. Schepers - 2006 - Proceedings of the International Association for Business and Society 17:164-169.


Added to PP

104 (#124,654)

6 months
2 (#326,657)

Historical graph of downloads
How can I increase my downloads?