Business Ethics and Corporate Governance, Second Edition

PARTNERSHIPS

Recent cooperation among stakeholders on environmental issues is promising evidence that pressing environmental problems can be resolved. Partnerships are voluntary collaborations between two or more organizations with a jointly defined agenda focused on a discrete, attainable, and potentially measurable goal. The ‘life-cycle’ of partnerships involves an integrated relationship among stakeholders throughout the decision and implementation process.

It is evident that both corporate and environmental stakeholders gain benefits from cooperation. Dominance of business interests cannot be undermined, but non-governmental organizations (NGOs) can maintain substantial influence in the decision making process by understanding the goals of ...