Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is to whom are they responsible? Organizations can affect and are affected by many different constituencies-or "stakeholders"-but who are these stakeholders? What sort of managerial attention should they receive? Is there a legal duty to attend to stakeholders or is such a duty legally prohibited due to the shareholder wealth maximization imperative? In short, for whose benefit ought a firm be managed? Stakeholder Theory and Organizational Ethics provides the most comprehensive,…mehr
Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is to whom are they responsible? Organizations can affect and are affected by many different constituencies-or "stakeholders"-but who are these stakeholders? What sort of managerial attention should they receive? Is there a legal duty to attend to stakeholders or is such a duty legally prohibited due to the shareholder wealth maximization imperative? In short, for whose benefit ought a firm be managed?
Stakeholder Theory and Organizational Ethics provides the most comprehensive, theoretical treatment of the stakeholder framework to date. Robert Phillips provides an extended defense of stakeholder theory as the preeminent theory of organizational ethics today.
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Autorenporträt
pon taking his MBA, he was accepted into the first cohort of Ph.D. candidates at the brand new business ethics program at the University of Virginia's Darden Graduate School of Business Administration. He completed his doctoral program in three years to become the first graduate of this program and perhaps the first person in the United States to be granted a Ph.D. explicitly in business ethics from a school of business administration. His work has appeared in the Business Ethics Quarterly, Journal of Business Ethics, Business & Society, and Teaching Business Ethics among others. He has previously taught at Georgetown University (McDonough School), the University of Virginia (The McIntire & Darden Schools), and the University of Pennsylvania (The Wharton School.)
Inhaltsangabe
Foreword Preface Chapter 1: Stakeholder Theory and Organizational Dogma Chapter 2: The Limits of Stakeholder Theory What Stakeholder Theory Is Critical Distortions: Straw-Persons and Evil Genies Friendly Misinterpretations Conclusion Chapter 3: Why Organizational Ethics? Why a Theory of Organizational Ethics? Limitations of Political Theory for Organizations Limitations of Moral Philosophy for Organizations Toward an Ethics of Organizations Conclusion Chapter 4: Stakeholder Theory and Its Critics Stakeholder Distinctions Stakeholders, Agency Theory, and Fiduciary Duties Stakeholder Theory and the Place of Fairness Conclusion Chapter 5: A Principle of Stakeholder Fairness A Principle of Fairness Obligations Defending Fairness Fairness and Consent Fairness and Integrative Social Contracts Theory On the Question of Justification Discourse Ethics and the Content of Stakeholder Obligations Stakeholder as Analytic to Business Conclusion Chapter 6: Stakeholder Legitimacy Legitimacy in Stakeholder Theory Legitimacy in Stakeholder Research: Normative and Derivative Perspectives Legitimacy in Practice Chapter 7: Stakeholder Identity The Natural Environment as a Stakeholder Problems with the Natural Environment as a Stakeholder The Natural Environment and Community Stakeholders Social Activists as Stakeholders Activist Groups and Civil Disobedience Civil Disobedience and Stakeholder Theory Conclusion Chapter 8: Stakeholder Theory in Practice Why Should Managers Pay Attention to Stakeholders? Who Are an Organization's Stakeholders and What Is the Basis for Their Legitimacy? What Do Stakeholders Want? How Should Managers Prioritize among Stakeholders? Are the Ethics of Business Different from Everyday Ethics? Stakeholder Best Practice Other Challenges to Stakeholder Theory Notes Bibliography Index About the Author
Foreword Preface Chapter 1: Stakeholder Theory and Organizational Dogma Chapter 2: The Limits of Stakeholder Theory What Stakeholder Theory Is Critical Distortions: Straw-Persons and Evil Genies Friendly Misinterpretations Conclusion Chapter 3: Why Organizational Ethics? Why a Theory of Organizational Ethics? Limitations of Political Theory for Organizations Limitations of Moral Philosophy for Organizations Toward an Ethics of Organizations Conclusion Chapter 4: Stakeholder Theory and Its Critics Stakeholder Distinctions Stakeholders, Agency Theory, and Fiduciary Duties Stakeholder Theory and the Place of Fairness Conclusion Chapter 5: A Principle of Stakeholder Fairness A Principle of Fairness Obligations Defending Fairness Fairness and Consent Fairness and Integrative Social Contracts Theory On the Question of Justification Discourse Ethics and the Content of Stakeholder Obligations Stakeholder as Analytic to Business Conclusion Chapter 6: Stakeholder Legitimacy Legitimacy in Stakeholder Theory Legitimacy in Stakeholder Research: Normative and Derivative Perspectives Legitimacy in Practice Chapter 7: Stakeholder Identity The Natural Environment as a Stakeholder Problems with the Natural Environment as a Stakeholder The Natural Environment and Community Stakeholders Social Activists as Stakeholders Activist Groups and Civil Disobedience Civil Disobedience and Stakeholder Theory Conclusion Chapter 8: Stakeholder Theory in Practice Why Should Managers Pay Attention to Stakeholders? Who Are an Organization's Stakeholders and What Is the Basis for Their Legitimacy? What Do Stakeholders Want? How Should Managers Prioritize among Stakeholders? Are the Ethics of Business Different from Everyday Ethics? Stakeholder Best Practice Other Challenges to Stakeholder Theory Notes Bibliography Index About the Author
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