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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
65
BUSINESS ETHICS |
a whole. They would say that stakeholders have certain rights with regard to how the business operates, and
some would even suggest that this even includes rights of governance.
Some theorists have adapted social contract theory to business, whereby companies become quasi-
democratic associations, and employees and other stakeholders are given voice over a company’s operations
(As discussed in the Chapters 7 and 8 of Unit II (i.e., “Democracy” and “Welfare State”). This approach
has become especially popular subsequent to the revival of contract theory in political philosophy, which
is largely due to John Rawls’ A Theory of Justice , and the advent of the consensus-oriented approach to
solving business problems, an aspect ...
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Publisher Resources

ISBN: 9789332506497