Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility
Abstract
Companies engage in corporate social responsibility (CSR) mainly because they can reap some kind of benefits from such engagement. It is thus necessary to have a CSR notion which is able to address this important feature. The differing views regarding the role of business in society are often presented as being placed within the stakeholder-shareholder debate. This article tries to show that a useful notion of CSR should be based on a stakeholder view and should be capable of addressing both its normative and instrumental aspects. Companies are seen as having an obligation to consider society’s long-run needs and wants, which implies that they engage in activities that promote benefits for society and minimize the negative effects of their actions, so long as the company is not prejudiced
by engaging in such activities.
Main Authors
Format
Articles
Journal article
Published
2007
Series
Subjects
Publisher
Business and Organization Ethics Network (BON)
Original source
http://ejbo.jyu.fi
The permanent address of the publication
https://urn.fi/URN:NBN:fi:jyu-201010042899Use this for linking
ISSN
1239-2685
Language
English
Published in
EJBO - Electronic Journal of Business Ethics and Organization Studies
Citation
- Castelo Branco, M. & Lima Rodriques, L.(2007). Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility EJBO - Electronic Journal of Business Ethics and Organization Studies, Vol. 12 (1). Retrieved from http://ejbo.jyu.fi
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