Capitalism, corporations and the social contract: a critique of stakeholder theory
"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 - wi...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge
Cambridge University Press
2013
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Schlagworte: | |
Online-Zugang: | KUBA1 |
Zusammenfassung: | "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"-- |
Beschreibung: | xi, 185 p |
ISBN: | 9781139612197 |
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300 | |a xi, 185 p | ||
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505 | 8 | |a Machine generated contents note: Preface; 1. Introduction; 2. An introduction to stakeholder theory; 3. The philosophy of stakeholder theory; 4. The corporation as a private association in a market economy; 5. The corporation as a sovereign power; 6. Shareholder theory and its limitations; 7. Conclusion; References | |
520 | |a "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"-- | ||
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650 | 4 | |a Social contract | |
650 | 4 | |a Capitalism |x Moral and ethical aspects | |
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Datensatz im Suchindex
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author | Mansell, Samuel F. |
author_facet | Mansell, Samuel F. |
author_role | aut |
author_sort | Mansell, Samuel F. |
author_variant | s f m sf sfm |
building | Verbundindex |
bvnumber | BV049559899 |
collection | ZDB-30-PAD |
contents | Machine generated contents note: Preface; 1. Introduction; 2. An introduction to stakeholder theory; 3. The philosophy of stakeholder theory; 4. The corporation as a private association in a market economy; 5. The corporation as a sovereign power; 6. Shareholder theory and its limitations; 7. Conclusion; References |
ctrlnum | (ZDB-30-PQE)EBC1099863 (ZDB-30-PAD)EBC1099863 (ZDB-89-EBL)EBL1099863 (ZDB-38-EBR)ebr10659325 (OCoLC)828302658 (DE-599)BVBBV049559899 |
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 |
discipline_str_mv | Philosophie |
format | Electronic eBook |
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institution | BVB |
isbn | 9781139612197 |
language | English |
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physical | xi, 185 p |
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publishDate | 2013 |
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publisher | Cambridge University Press |
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spelling | Mansell, Samuel F. Verfasser aut Capitalism, corporations and the social contract a critique of stakeholder theory Samuel F. Mansell Cambridge Cambridge University Press 2013 xi, 185 p txt rdacontent c rdamedia cr rdacarrier Machine generated contents note: Preface; 1. Introduction; 2. An introduction to stakeholder theory; 3. The philosophy of stakeholder theory; 4. The corporation as a private association in a market economy; 5. The corporation as a sovereign power; 6. Shareholder theory and its limitations; 7. Conclusion; References "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"-- Social responsibility of business Social contract Capitalism Moral and ethical aspects |
spellingShingle | Mansell, Samuel F. Capitalism, corporations and the social contract a critique of stakeholder theory Machine generated contents note: Preface; 1. Introduction; 2. An introduction to stakeholder theory; 3. The philosophy of stakeholder theory; 4. The corporation as a private association in a market economy; 5. The corporation as a sovereign power; 6. Shareholder theory and its limitations; 7. Conclusion; References Social responsibility of business Social contract Capitalism Moral and ethical aspects |
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_exact_search_txtP | 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 | Social responsibility of business Social contract Capitalism Moral and ethical aspects |
topic_facet | Social responsibility of business Social contract Capitalism Moral and ethical aspects |
work_keys_str_mv | AT mansellsamuelf capitalismcorporationsandthesocialcontractacritiqueofstakeholdertheory |