The Ethical and Environmental Limits of Stakeholder Theory

Orts, Eric W.; Strudler, Alan

doi:10.5840/10.2307/3857811

Cited by 34 publications

(58 citation statements)

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“…The theory challenges the view that shareholders have a privilege over other stakeholders (Orts and Strudler 2002). Shareholders, it is argued, are merely one of the several claimants on the firm (Heath and Norman 2004).…”

Section: Literature Reviewmentioning

confidence: 84%

Do different industries report Corporate Social Responsibility differently? An investigation through the lens of stakeholder theory

Sweeney

Coughlan

2008

Journal of Marketing Communications

282

199

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The social responsibility of business has become a major issue in recent years and the reporting of such activity is becoming more prevalent. Companies are attuning to the benefits of being seen as socially responsibly and many industries are jumping on the bandwagon of reporting CSR and using different media to communicate their activities in this arena to their stakeholders. This paper considers the content of one type of such communications, the annual report, and looks at how organisations are taking a focused stakeholder view of CSR rather than a wider view as would be expected from the ambiguity of definitions of the concept. Differences in reporting practices were found by an analysis of the annual and CSR reports of 28 FTSE4Good firms focusing on a variety of industries. Findings show that there is a significant difference between how organisations in different industries report on CSR consistent with a stakeholder view of CSR, and that this reporting follows for the most part the expectations of the CSR communications literature. It is suggested that firms report on CSR in line with what their key stakeholders expect, thus giving evidence for CSR reporting as another tool in the marketing communicators toolbox.

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Section: Literature Reviewmentioning

confidence: 84%

Do different industries report Corporate Social Responsibility differently? An investigation through the lens of stakeholder theory

Sweeney

Coughlan

2008

Journal of Marketing Communications

282

199

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“…It has been argued (e.g. Phillips and Reichart, 2000;Orts and Strudler, 2002;Fineman and Clarke, 1996) that if the natural environment is given stakeholder status, the whole concept of stakeholder becomes diluted. Phillips and Reichart (2000, p. 189; also Phillips, 1997) even state that if the natural environment is considered a stakeholder through its presence within the business environment of a firm, then everything existing in the firm's business environment also merits similar status.…”

Section: Arguments Why the Natural Environment Should Not Be Includedmentioning

confidence: 99%

“…Orts and Strudler (2002), for instance, argue that the natural environment cannot be a stakeholder since it has neither a mind nor any needs as humans understand them. Similarly, Näsi et al (1998) describe this line of argument by noting that "nature cannot speak".…”

Section: Arguments Why the Natural Environment Should Not Be Includedmentioning

confidence: 99%

The Nature of Nature as a Stakeholder

Laine

2010

J Bus Ethics

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Original publication:Laine, M. (2010), The nature of nature as a stakeholder.Journal of Business Ethics, 96(suppl. 1), 73-78.doi.org/10.1007/s10551-011-0936-4 Acknowledgments:This paper stems from the author's discussions with the late Professor Juha Näsi, whose input on an early version of this paper is gratefully acknowledged. The usual caveat still applies. AbstractThere is a longstanding debate in the stakeholder literature as to who and what really counts as the stakeholders of the firm. Likewise, there have been discussions on whether nature should be considered a stakeholder of the firm. However, one seldom encounters any definitions of the key concepts, that is of´nature` or´the natural environment`. We seek to contribute to the debate by taking a closer look at what this thing called nature actually is. In addition, we discuss the implications of this conceptual refinement for the stakeholder model. In order to reinforce the status of th e n atural envi ronm en t i n th e stakeh ol der m odel , we prop ose th at any vi suali sati on of a stakeholder network should be embedded in the natural environment.

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“…As such, we cannot derive, through the concept of needs, a clearly identifiable group of interests other than those of humans. Orts and Studler [21] thus consider that Starik's attempts cannot be upheld. They nevertheless stress that it is not incoherent to state that nature as such has no interest of its own and it therefore has no interest to be preserved, but, at the same time and as a moral question, the respect of nature requires its preservation.…”

Section: Taking a Closer Look At Environmentalmentioning

confidence: 99%

“…For the author, these foundations seem to represent a diachronic link between humans and other living beings: 'Human beings, plants, animals, earth and water are all linked to a community which presents great activity composed of cooperation and competition, a biotope', [20]. According to Orts and Strudler [21], however, Starik's [17] work is aimed more at convincing managers, rather than proposing a real academic discussion. As such, the broad theory of stakeholders, within a biocentric perspective, has not been able to avoid critiques.…”

Section: Taking a Closer Look At Environmentalmentioning

confidence: 99%

Firms and their Responsibility towards Nature

Ballet¹,

Bazin²

2005

J. of Social Sciences

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Corporate social responsibility is increasingly discussed in economics and management studies today. Corporate leaders often make use of this concept, which finds its origins in philosophy, to analyse the normative behaviour of their companies. But what exactly is corporate responsibility? Is it a mere concept currently in vogue, or is it a new structural approach which could indeed take responsibility into account insofar as long-term environmental preservation is concerned? In order to answer this question, this study first proposes a reading of "stakeholders". This approach poses several problems when dealing with corporate responsibility regarding the preservation of nature. Secondly, it presents a more detailed analysis of such corporate social responsibility and the problems it poses. The debate regarding action with the interest of its outcome and action in the interest of the action itself is the focal point of present discussion.

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The Ethical and Environmental Limits of Stakeholder Theory

Cited by 34 publications

References 0 publications

Do different industries report Corporate Social Responsibility differently? An investigation through the lens of stakeholder theory

Do different industries report Corporate Social Responsibility differently? An investigation through the lens of stakeholder theory

The Nature of Nature as a Stakeholder

Firms and their Responsibility towards Nature

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