2021
DOI: 10.3389/fpsyg.2021.687067
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Humanizing Stakeholders by Rethinking Business

Abstract: Can business humanize its stakeholders? And if so, how does this relate to moral consideration for stakeholders? In this paper we compare two business orientations that are relevant for current business theory and practice: a stakeholder orientation and a profit orientation. We empirically investigate the causal relationships between business orientation, humanization, and moral consideration. We report the results of six experiments, making use of different operationalizations of a stakeholder and profit orie… Show more

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Cited by 8 publications
(13 citation statements)
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“…Stakeholder scholars argue, and find, that there is a positive relationship between a stakeholder orientation, and seeing stakeholders as human beings who have mind and moral standing ( Donaldson and Preston, 1995 ; McVea and Freeman, 2005 ; Harris and Freeman, 2008 ; Newkirk and Freeman, 2008 ; Purnell and Freeman, 2012 ; Quintelier et al, 2021 ). For instance, stakeholder scholars develop a stakeholder theory of the firm, which describes business as an activity consisting of human beings, whose interests are morally legitimate ( Freeman, 1994 ; McVea and Freeman, 2005 ; Newkirk and Freeman, 2008 ; Freeman et al, 2010 ).…”
Section: Theory and Hypothesesmentioning
confidence: 99%
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“…Stakeholder scholars argue, and find, that there is a positive relationship between a stakeholder orientation, and seeing stakeholders as human beings who have mind and moral standing ( Donaldson and Preston, 1995 ; McVea and Freeman, 2005 ; Harris and Freeman, 2008 ; Newkirk and Freeman, 2008 ; Purnell and Freeman, 2012 ; Quintelier et al, 2021 ). For instance, stakeholder scholars develop a stakeholder theory of the firm, which describes business as an activity consisting of human beings, whose interests are morally legitimate ( Freeman, 1994 ; McVea and Freeman, 2005 ; Newkirk and Freeman, 2008 ; Freeman et al, 2010 ).…”
Section: Theory and Hypothesesmentioning
confidence: 99%
“…Psychologists speak of mind attributions when individuals attribute human-like mental characteristics to an entity ( Epley et al, 2007 ; Waytz et al, 2010 ; Gray et al, 2012 ). Previous work in organizational theory and organizational psychology has focused on mind attributions to organizations ( Ashforth et al, 2020 ), or to their stakeholders ( Quintelier et al, 2021 ). However, mind consists of two dimensions—experience and agency.…”
Section: Theory and Hypothesesmentioning
confidence: 99%
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