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  • 1
    Online Resource
    Online Resource
    Cambridge :Cambridge University Press,
    UID:
    almahu_9947414215202882
    Format: 1 online resource (xi, 185 pages) : , digital, PDF file(s).
    ISBN: 9781139058926 (ebook)
    Series Statement: Business, value creation and society
    Content: In whose interests should a corporation be run? Over the last thirty years the field of 'stakeholder theory' has proposed a distinctive answer: a corporation should be run in the interests of all its primary stakeholders - including employees, customers, suppliers and financiers - without contradicting the ethical principles on which capitalism stands. This book offers a critique of this central claim. It argues that by applying the political concept of a 'social contract' to the corporation, stakeholder theory in fact undermines the principles on which a market economy is based. The argument builds upon an extensive review of the stakeholder literature and an analysis of its philosophical foundations, particularly concerning the social contract tradition of John Rawls and his predecessors. The book concludes by offering a qualified version of Milton Friedman's shareholder theory as a more justifiable account of the purpose of a corporation.
    Note: Title from publisher's bibliographic system (viewed on 05 Oct 2015). , An introduction to stakeholder theory -- The philosophy of stakeholder theory -- The corporation as a private association in a market economy -- The corporation as a sovereign power in a market economy -- Shareholder theory and its limitations.
    Additional Edition: Print version: ISBN 9781107015524
    Language: English
    URL: Volltext  (lizenzpflichtig)
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    Online Resource
    Online Resource
    Cambridge : Cambridge University Press
    UID:
    kobvindex_INT71728
    Format: 1 online resource (200 pages)
    Edition: 1st ed.
    ISBN: 9781107015524 , 9781139612197
    Series Statement: Business, Value Creation, and Society Series
    Content: In whose interests should a corporation be run? Proponents of 'stakeholder theory' propose a distinctive answer: it should be run in the interests of its primary stakeholders. Samuel Mansell offers a detailed critique of this claim, arguing that stakeholder theory undermines the principles on which a market economy is based
    Note: Intro -- Contents -- Foreword -- Acknowledgements -- 1 Introduction -- Competing perspectives on corporate responsibility -- Contrasting stakeholder and shareholder theories -- Stakeholder theory and corporate social responsibility in a market economy -- A critique of stakeholder theory: the methodology -- A critique of stakeholder theory: the structure -- 2 An introduction to stakeholder theory -- The etymology of 'stake' and 'stakeholder' -- Stakeholder theory in organisations -- Ethics and strategy -- Normative arguments for stakeholder theory -- Conclusion -- 3 The philosophy of stakeholder theory -- Social contract theory -- John Rawls and social contract theory -- Fairness and distributive justice -- Conclusion -- 4 The corporation as a private association in a market economy -- An analysis of the concept of trade -- The ethical principles of a market economy -- The corporate objective in a market economy -- Conclusion -- 5 The corporation as a sovereign power in a market economy -- Stakeholder theory and the corporation as a commercial entity -- Stakeholder theory and the corporation as a 'social contract' -- Conclusion -- 6 Shareholder theory and its limitations -- The separation of ownership and control -- The consequentialist critique of stakeholder theory -- The deontological defence of shareholder theory -- The limits of contractual duties -- Ethical discretion in company law -- Conclusion -- 7 Conclusion -- References -- Index
    Additional Edition: Print version Mansell, Samuel F. Capitalism, Corporations and the Social Contract Cambridge : Cambridge University Press,c2013 ISBN 9781107015524
    Language: English
    Keywords: Electronic books
    URL: FULL  ((OIS Credentials Required))
    Library Location Call Number Volume/Issue/Year Availability
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