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The Routledge Companion to Business Ethics
book

The Routledge Companion to Business Ethics

by Eugene Heath, Byron Kaldis, Alexei Marcoux
February 2018
Intermediate to advanced
722 pages
34h 15m
English
Routledge
Content preview from The Routledge Companion to Business Ethics

p.184

11

Stakeholder thinking

Kenneth E. Goodpaster

In this chapter I examine a broad set of approaches to organizational decision making that I will refer to as “stakeholder thinking.” Stakeholder thinking is a normative ethical approach to decision making that emphasizes corporate responsibilities to individuals, groups, and institutions including, when applicable, fiduciary obligations owed to investors and shareholders. I favor the phrase “stakeholder thinking” over “stakeholder theory” because it is more generic.1 Understood in this way, stakeholder thinking is frequently offered as a proxy for what some would call the “conscience” of the corporation.2

One way to get an historical perspective on stakeholder thinking is to view a Google NGRAM ...

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Publisher Resources

ISBN: 9781317655411