Journal ArticleDOI
(Re) discovering the business purpose: A discursive approach to CSR and stakeholder management
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In this paper, the authors apply Habermas's discourse ethics to corporate social responsibility (CSR) and stakeholder management (SHM) and argue that discourse ethics is a balanced philosophical approach, which can effectively address the limitations of CSR and SHM.Abstract:
This study aims to focus on the purpose and legitimacy of business, notably, the organizational purpose, the conventional view that the purpose of business is to optimize the returns to shareholders, and the emerging view that organizations serve multiple purposes including economic returns.,This study applies Habermas’s discourse ethics to corporate social responsibility (CSR) and stakeholder management (SHM) and argues that discourse ethics is a balanced philosophical approach, which can effectively address the limitations of CSR and SHM.,The analysis demonstrates that discourse ethics is a distinctive philosophical approach to ethical theory and has high relevance to the field of CSR and SHM.,The discursive approach to CSR and SHM is unique because it allows assimilating various ethical situations – from pragmatic to normative – under one theoretical framework. The potential of the proposed approach is illustrated through a thorough discussion of its application to CSR and SHM.read more
Citations
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Perceived firm ethicality and brand loyalty: the mediating role of corporate social responsibility and perceived green marketing
TL;DR: Wang et al. as discussed by the authors investigated the mediating role of corporate social responsibility (CSR) and United Nations sustainable development goals (SDGs) such as green marketing, and found a positive and significant relationship between business ethics, CSR, green marketing and business loyalty.
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Journal ArticleDOI
Analyzing the effect of Corporate Social Responsibility on Green Innovation Performance in the Spanish wine industry: A structural equation modeling analysis
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References
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Journal ArticleDOI
Managing Legitimacy: Strategic and Institutional Approaches
TL;DR: This article synthesize the large but diverse literature on organizational legitimacy, highlighting similarities and disparities among the leading strategic and institutional approaches, and identify three primary forms of legitimacy: pragmatic, based on audience self-interest; moral, based upon normative approval; and cognitive, according to comprehensibility and taken-for-grantedness.
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The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders
TL;DR: For the better part of 30 years now, corporate executives have struggled with the issue of the firm's responsibility to its society, and it became quickly apparent to everyone, however, that this pursuit of financial gain had to take place within the laws of the land.
Journal ArticleDOI
A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance
TL;DR: In this paper, the authors present conclusions from a 10-year research program, the purpose of which has been to develop a framework and methodology, grounded in the reality of corporate behavior, for analyzing and evaluating corporate social performance.
Journal ArticleDOI
Instrumental stakeholder theory: a synthesis of ethics and economics
TL;DR: In this paper, the authors propose an instrumental theory of stakeholder management based on a synthesis of the stakeholder concept, economic theory, behavioral science, and ethics, with the core theory that a subset of ethical principles (trust, trustworthiness, and cooperativeness) can result in significant competitive advantage.
Book
Stakeholder Theory: The State of the Art
Bidhan L. Parmar,R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks,Lauren Purnell,Simone de Colle +5 more
TL;DR: In this paper, the major uses and adaptations of stakeholder theory across a broad array of disciplines such as business ethics, corporate strategy, finance, accounting, management, and marketing are reviewed.
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