Capitalism, corporations and the social contract: a critique of stakeholder theory
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
2013
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| Series: | Business, value creation, and society
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| Subjects: | |
| Online Access: | Contributor biographical information Publisher description Table of contents only Inhaltsverzeichnis |
| Item Description: | "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"-- Provided by publisher. Includes bibliographical references and index |
| Physical Description: | 185 S. |
| ISBN: | 9781107015524 |
Staff View
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| 500 | |a Includes bibliographical references and index | ||
| 650 | 4 | |a Ethik | |
| 650 | 4 | |a Kapitalismus | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Social responsibility of business | |
| 650 | 4 | |a Social contract | |
| 650 | 4 | |a Capitalism |x Moral and ethical aspects | |
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Record in the Search Index
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| adam_text | Titel: Capitalism, corporations and the social contract
Autor: Mansell, Samuel
Jahr: 2013
Contents
Foreword page vii
Acknowledgements ix
1 Introduction 1
Competing perspectives on corporate responsibility 3
Contrasting stakeholder and shareholder theories 8
Stakeholder theory and corporate social responsibility
in a market economy 12
A critique of stakeholder theory: the methodology 16
A critique of stakeholder theory: the structure 21
2 An introduction to stakeholder theory 24
The etymology of stake and stakeholder 25
Stakeholder theory in organisations 29
Ethics and strategy 33
Normative arguments for stakeholder theory 39
Conclusion 52
3 The philosophy of stakeholder theory 54
Social contract theory 56
John Rawls and social contract theory 68
Fairness and distributive justice 76
Conclusion 79
4 The corporation as a private association in a market
economy 81
An analysis of the concept of trade 82
The ethical principles of a market economy 86
The corporate objective in a market economy 94
Conclusion 100
5 The corporation as a sovereign power in a market
economy 101
Stakeholder theory and the corporation as a
commercial entity 102
Stakeholder theory and the corporation as a social
contract 111
Conclusion 122
6 Shareholder theory and its limitations 125
The separation of ownership and control 127
The consequentialist critique of stakeholder theory 132
The deontological defence of shareholder theory 140
The limits of contractual duties 145
Ethical discretion in company law 151
Conclusion 154
7 Conclusion 156
References 168
Index 177
|
| any_adam_object | 1 |
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| callnumber-first | H - Social Science |
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| callnumber-raw | HD60 |
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| callnumber-subject | HD - Industries, Land Use, Labor |
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| ctrlnum | (OCoLC)844085891 (DE-599)BVBBV040972887 |
| dewey-full | 174 |
| dewey-hundreds | 100 - Philosophy & psychology |
| dewey-ones | 174 - Occupational ethics |
| dewey-raw | 174 |
| dewey-search | 174 |
| dewey-sort | 3174 |
| dewey-tens | 170 - Ethics (Moral philosophy) |
| discipline | Philosophie Wirtschaftswissenschaften |
| format | Book |
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| id | DE-604.BV040972887 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T00:36:32Z |
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| isbn | 9781107015524 |
| language | English |
| lccn | 2012032863 |
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| physical | 185 S. |
| publishDate | 2013 |
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| series2 | Business, value creation, and society |
| spelling | Mansell, Samuel F. Verfasser aut Capitalism, corporations and the social contract a critique of stakeholder theory Samuel F. Mansell 2013 185 S. txt rdacontent n rdamedia nc rdacarrier Business, value creation, and society "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"-- Provided by publisher. Includes bibliographical references and index Ethik Kapitalismus Wirtschaft Social responsibility of business Social contract Capitalism Moral and ethical aspects BUSINESS & ECONOMICS / Business Ethics bisacsh Unternehmensethik (DE-588)4202404-3 gnd rswk-swf Stakeholder (DE-588)4300861-6 gnd rswk-swf Unternehmensziel (DE-588)4139180-9 gnd rswk-swf Unternehmensethik (DE-588)4202404-3 s Unternehmensziel (DE-588)4139180-9 s Stakeholder (DE-588)4300861-6 s DE-604 http://www.loc.gov/catdir/enhancements/fy1215/2012032863-b.html Contributor biographical information http://www.loc.gov/catdir/enhancements/fy1215/2012032863-d.html Publisher description http://www.loc.gov/catdir/enhancements/fy1215/2012032863-t.html Table of contents only HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025951043&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Mansell, Samuel F. Capitalism, corporations and the social contract a critique of stakeholder theory Ethik Kapitalismus Wirtschaft Social responsibility of business Social contract Capitalism Moral and ethical aspects BUSINESS & ECONOMICS / Business Ethics bisacsh Unternehmensethik (DE-588)4202404-3 gnd Stakeholder (DE-588)4300861-6 gnd Unternehmensziel (DE-588)4139180-9 gnd |
| subject_GND | (DE-588)4202404-3 (DE-588)4300861-6 (DE-588)4139180-9 |
| title | Capitalism, corporations and the social contract a critique of stakeholder theory |
| title_auth | Capitalism, corporations and the social contract a critique of stakeholder theory |
| title_exact_search | Capitalism, corporations and the social contract a critique of stakeholder theory |
| title_full | Capitalism, corporations and the social contract a critique of stakeholder theory Samuel F. Mansell |
| title_fullStr | Capitalism, corporations and the social contract a critique of stakeholder theory Samuel F. Mansell |
| title_full_unstemmed | Capitalism, corporations and the social contract a critique of stakeholder theory Samuel F. Mansell |
| title_short | Capitalism, corporations and the social contract |
| title_sort | capitalism corporations and the social contract a critique of stakeholder theory |
| title_sub | a critique of stakeholder theory |
| topic | Ethik Kapitalismus Wirtschaft Social responsibility of business Social contract Capitalism Moral and ethical aspects BUSINESS & ECONOMICS / Business Ethics bisacsh Unternehmensethik (DE-588)4202404-3 gnd Stakeholder (DE-588)4300861-6 gnd Unternehmensziel (DE-588)4139180-9 gnd |
| topic_facet | Ethik Kapitalismus Wirtschaft Social responsibility of business Social contract Capitalism Moral and ethical aspects BUSINESS & ECONOMICS / Business Ethics Unternehmensethik Stakeholder Unternehmensziel |
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