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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Toward Dynamic Corporate Stakeholder Responsibility: From Corporate Social Responsibility Toward a Comprehensive and Dynamic Ciew of Corporate Stakeholder Responsibility
Organization Unit
Authors
  • Sybille Sachs
  • Marc Maurer
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Journal of Business Ethics
Publisher Springer
Geographical Reach international
ISSN 0167-4544
Volume 85
Number Suppl. 3
Page Range 535 - 544
Date 2009
Abstract Text Today, sustainable relations with a broad range of key stakeholders are not only important from a normative business ethics perspective, but also from an entrepreneurial viewpoint to allow and support the long-term survival of a firm. We will argue that the traditional conception of a firm’s corporate social responsibility does not reflect this view and that a comprehensive and dynamic conception of a firm’s responsibilities is necessary to map the reality of business practice and to manage the challenges implied by sustainability. We think that distributive justice, that is the way in which firms involve their stakeholders in their wealth creation and dissemination processes, provides a comprehensive understanding of corporate responsibilities. Concerning procedural justice, we will discuss how firms involve stakeholders in their strategic processes according to their contribution to wealth creation. In the course of the article, we will propose a framework along with three design principles that can be used for shaping dynamic and comprehensive corporate responsibilities, and which thereby allow a sustainable procedure for changing business and non-business environments.
Digital Object Identifier 10.1007/s10551-009-0213-y
Other Identification Number merlin-id:4057
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