Stakeholder theory and a principle of fairness

Article Abstract:

The issue on stakeholder theory in business ethics literature has been criticized due to the existence of several inconsistencies, particularly on stakeholder obligations. This problem can be remedied by applying the principle of fairness proposed by Rawls, Simmons and Cullity. The principle states that obligations of fairness exist among persons engaged in a mutually beneficial agreement of cooperation.

Fairness

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Toward an ethics of organizations

Article Abstract:

An argument is presented for the development of a specific ethics model for organizations, as they are different from social or political institutions in their structure and objectives. Topics include the growing significance of organizations and their distinctive attributes, and how these differ from moral or political philosophy.

Management, Ethics, Organizational behavior, Organization

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Upping the stakes: a response to John Hasnas on the normative viabillity of the stockholder and stakeholder theories

Article Abstract:

A critique is presented regarding the plausibility of the stockholder theory over the stakeholder theory. It is posited that utilitarian normative considerations favor the stakeholder theory, while deontological constraints in the stockholder theory do not necessarily increase its value against stakeholder theory.

Models, Corporate social responsibility

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