handbook corporate social responisbility
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Theories of corporate social responsibility
space
Pure Marketplace Ethics Libertarian Marketplace
(Shareholder Theory)
Social Marketplace
(Shareholder Theory)
Shared Value Ethics Stakeholder Theory - Soft Progressive Corporate Social Responsibility Triple Bottom Line / Sustainability Stakeholder Theory - Hard
 
Theories of corporate social responsibility distributed across tensions
space
Profit
versus
social and
environmental engagement
Freedom versus happiness Individualism versus collectivism Independence versus belonging Dignity
versus compassion
Opportunity
versus
equality
Shareholder
versus
stakeholder
 
 

Tension Between:
SHAREHOLDER and STAKEHOLDER RIGHTS

Shareholder
 

For corporations, business ethics channels through the primary responsibility to serve shareholder (owner) interests. Obligations to other stakeholders are evaluated within the range of satisfied demands implied by shareholders.

 

 

Stakeholder
 

For corporations, business ethics initiates with all those affected by the corporation's actions. Shareholders (owners) represent only one set of multiple responsibilities that are weighed in decisions.

 
 
 
 
 
 
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