Responsibility, ethics, and legitimacy of corporations / Jacob Dahl Rendtorff.

Format:

Book

Author/Creator:

Rendtorff, Jacob Dahl, 1965-

Language:

English

Subjects (All):

Business ethics.

Social responsibility of business.

Corporations.

Physical Description:

1 online resource (514 p.)

Edition:

1st ed.

Place of Publication:

[Frederiksberg, Denmark] : Copenhagen Business School Press ; Portland, OR : International Specialized Book Services [distributor], 2009.

Language Note:

English

Summary:

Business ethics, corporate social responsibility, corporate citizenship, values-driven management, corporate governance, and ethical leadership are necessary horizons for the legitimacy of corporations in the process of globalization. Based on hermeneutics and institutional analysis, this book discusses the place of values in corporations and the role of ethics in management. With the theories of business ethics as a starting point, it is possible to propose a vision of the good citizen corporation. The book presents theories, concepts of responsibility for stakeholder justice, and basic ethical principles of respect for autonomy, dignity, integrity, and vulnerability. This is the foundation for an analysis of the ethical relations to internal and external constituencies of the firm, i.e. shareholders, owners, investors, management, employees, consumers, and local community. The interaction with the environment is further analyzed with a focus on ethical principles as the basis for sustainability. This investigation culminates with the conceptualization of the firm as a collective and institutional moral agent. The content also includes analysis of concrete political developments in the US, Europe, and the United Nations. Finally, the book provides a framework for a new corporate strategy based on global business ethics.

Contents:

Intro

Responsibility, Ethics and Legitimacy of Corporations

Copyright

Table of Contents

Part 1: Introduction

1. Introduction

1. Background

2. Major theoretical concepts

3. Research methodology: Scope and boundaries

Part 2: Globalization, values-driven management, and business ethics

1. Values, markets and global capitalism

1.1. Universalization of capitalist market economy

1.2. Cultural and social consequences of economic globalization

1.3. Principles of a global market economy

1.4. Values of the market system: Corporations as key actors

1.5. Business ethics and values-driven management in global community

2. Values, organizations, and management

2.1. The concept of value

2.2. The Place of values in corporations

2.3. Values-driven management and organizational systems

2.4. The ideology of management: The case against values-driven management

2.5. Values, moral development, and organizational learning

2.6. Strategies for values-driven management

2.7. Ethical values-driven management: From rules to values

3. From values-driven management to business ethics

3.1. Liberal property rights theory of business ethics

3.2. Extension of values: Stakeholder theory

3.3. Communitarian values-driven management

3.4. Kantian and universalistic perspectives on business ethics

3.5. Values and social contract theory

3.6. A republican concept of business ethics

Part 3: Business ethics and corporate social responsibility in different fields of business

1. Corporate social responsibility and principles of stakeholder justice

1.1. Corporate social responsibility between ethics, law, and economics

1.2. Business ethics and the many faces of corporate social responsibility

1.3. Corporate social responsibility in sustainability management.

1.4. CSR, Corporate governance, and stakeholder justice

1.5. Basic Ethical Principles in Responsible Stakeholder Management

1.5.1. Autonomy

1.5.2. Dignity

1.5.3. Integrity

1.5.4. Vulnerability

1.6. From principles of ethics to corporate social performance and responsiveness

2. Ethics of the internal constituencies of the corporation

2.1. Internal constituencies and the theory of the firm

2.2. Corporate Governance: Between shareholders and stakeholders

2.3. Ownership and shareholders: Ethics of finance

2.4. Shareholder ethics: Socially responsible investments (SRI)

2.5. Ethics in the workplace: Management and employees

3. Ethics of the external constituencies of the corporation

3.1. The ethics of business-to-business relations

3.2. Responsibilities and ethical relations to consumers

3.3. The ethics of advertising and marketing

3.4. The ethics of public relations

3.5. The inclusive corporation and the social and ethical audit

4. Sustainability, corporate social responsibility, and ethical principles: Environmental dimensions of business ethics

4.1. Ecology, sustainability, and capitalism

4.2. Ethical principles as the basis for sustainability

4.3. Beyond anthropocentric environmental ethics

4.4. Towards environmental values-driven management

4.5. From ethics to law: How to sentence environmental crime?

5. Towards the good corporate citizen

5.1. Republican business ethics as corporate citizenship

5.2. An institutional argument for corporate moral agency

5.4. Individualist criticism of the idea of corporate moral responsibility

5.5. Towards an institutional concept of the good corporate citizen

Part 4: Legal and political developments: Challenges to global business ethics

1. Values-driven management and ethics programs in the United States.

1.1. Background for FSGO

1.2. The FSGO Requirements for a meaningful compliance program

1.3. The FSGO and American business life

1.4. FSGO and the paradox of ethics and compliance programs

1.5. From the FSGO to Sarbanes-Oxley

2. Business ethics, CSR, and corporate citizenship in Europe

2.1. European values as the background for corporate social responsibility

2.2. Concepts of corporate social responsibility in Europe

2.3. EU efforts on social responsibility: The EU green paper on social responsibility

2.4. From CSR to corporate governance

2.5. The future of the European approach

3. Towards ethical guidelines for international business corporations

3.1. The problems facing international business organizations

3.2. Towards cosmopolitan business ethics: Responsibility, integrity, and trust

3.3. Ethical guidelines for multinational corporations

3.4. Corporate citizenship as global cosmopolitan citizenship

3.5. Values-driven management for the corporate citizenship of multinational corporations

Part 5: Policy proposals for corporate strategy: Basic ethical principles for business ethics and corporate citizenship

1. Strategizing Global Business Ethics

1.1. Strategic foundations of policy proposals

1.2. Corporate Governance and stakeholder management

1.3. Basic Principles of values-driven management

References

Subject index

Name index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. 485-502) and indexes.

ISBN:

87-630-9947-0

OCLC:

774280259