summary business ethics and continental philosophy mollie painter morland 9780521137560 test bank
, summary business ethics and continental philosophy mollie painter morland 9780521137560 test bank
Fast reading summary – only most important parts for exam according to professor. (Radboud
Universiteit Nijmegen)
Pages: 21 – reading time 30 min.
, summary business ethics and continental philosophy mollie painter morland 9780521137560 test bank
Chapter 2: Stakeholder theory
Freeman describes stakeholders as people who can influence a business.
Freeman sees CSR literature as applying stakeholder concepts to non-traditional stakeholders
groups. In other words, more emphasis must be out on the general people, or the employees,
and less on the satisfaction of owners.
Separation fallacy; it is difficult to isolate economic issues from social issues.
Ethics and economics cannot be seperated according to Freeman
Stakeholder theory exists of multiple dimensions:
- Descriptive
○ It arises from the way in which the stakeholder concept sees the firm as an
interaction of valuable interest.
- Instrumental
○ This suggest that stakeholder theory allows the exploration of a relationship
between business performance and CSR.
- Normative
○ This is derived from the tendency of stakeholder theory to permit the consideration
of a broad range of interests beyond the shareholders.
, summary business ethics and continental philosophy mollie painter morland 9780521137560 test bank
Fast reading summary – only most important parts for exam according to professor. (Radboud
Universiteit Nijmegen)
Pages: 21 – reading time 30 min.
, summary business ethics and continental philosophy mollie painter morland 9780521137560 test bank
Chapter 2: Stakeholder theory
Freeman describes stakeholders as people who can influence a business.
Freeman sees CSR literature as applying stakeholder concepts to non-traditional stakeholders
groups. In other words, more emphasis must be out on the general people, or the employees,
and less on the satisfaction of owners.
Separation fallacy; it is difficult to isolate economic issues from social issues.
Ethics and economics cannot be seperated according to Freeman
Stakeholder theory exists of multiple dimensions:
- Descriptive
○ It arises from the way in which the stakeholder concept sees the firm as an
interaction of valuable interest.
- Instrumental
○ This suggest that stakeholder theory allows the exploration of a relationship
between business performance and CSR.
- Normative
○ This is derived from the tendency of stakeholder theory to permit the consideration
of a broad range of interests beyond the shareholders.
