Stakeholder theory and organizational ethics

Business ethics, including corporate responsibility, has become a very hot area in the popular as well as the academic literature. As 2002 commences, little argument is necessary to convince most people of the prominence of discussions of business ethics. Recent events mark a watershed in the centrality and popularity of the discourse of business ethics. The popular and academic currency of stakeholder theory as a way of thinking about business ethics and strategy is unquestionable. The popular and academic discussion of business ethics is frequently couched in terms of stakeholder theory, yet no scholarly defense of stakeholder theory is currently in print. This title examines stakeholder theory from the perspective of several fields of study including strategic management, economics, moral and political philosophy, social psychology, and environmental ethics.