Stakeholder Theory and Organizational Ethics
Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is to whom are they responsible? Organizations can affect and are affected by many different constituencies—or “stakeholders”—but who are these stakeholders? What sort of managerial attention should they receive? Is there a legal duty to attend to stakeholders or is such a duty legally prohibited due to the shareholder wealth maximization imperative? In short, for whose benefit ought a firm be managed?

Stakeholder Theory and Organizational Ethics provides the most comprehensive, theoretical treatment of the stakeholder framework to date. Robert Phillips provides an extended defense of stakeholder theory as the preeminent theory of organizational ethics today.
  • The only detailed, comprehensive treatment of stakeholder theory-the most popular framework for discussions of business ethics-currently in print
  • Examines stakeholder theory from the perspective of several fields of study, including strategic management, economics, moral and political philosophy, social psychology, and environmental ethics
  • Provides a means for determining who are and are not stakeholders and why-including such controversial stakeholder candidates as competitors, activists, and the natural environment

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Book Details
Overview
Business ethics is a staple in the news today. One of the most difficult ethical questions facing managers is to whom are they responsible? Organizations can affect and are affected by many different constituencies—or “stakeholders”—but who are these stakeholders? What sort of managerial attention should they receive? Is there a legal duty to attend to stakeholders or is such a duty legally prohibited due to the shareholder wealth maximization imperative? In short, for whose benefit ought a firm be managed?

Stakeholder Theory and Organizational Ethics provides the most comprehensive, theoretical treatment of the stakeholder framework to date. Robert Phillips provides an extended defense of stakeholder theory as the preeminent theory of organizational ethics today.
  • The only detailed, comprehensive treatment of stakeholder theory-the most popular framework for discussions of business ethics-currently in print
  • Examines stakeholder theory from the perspective of several fields of study, including strategic management, economics, moral and political philosophy, social psychology, and environmental ethics
  • Provides a means for determining who are and are not stakeholders and why-including such controversial stakeholder candidates as competitors, activists, and the natural environment
About the Author
Table of Contents
Excerpt

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