Society, Business Values, and the Social Contract
Autor: | Diane L. Swanson |
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Rok vydání: | 2017 |
Předmět: |
Fallacy
Social contract business.industry media_common.quotation_subject Triple bottom line Field (Bourdieu) 05 social sciences Business value Public relations 0502 economics and business 050211 marketing Business Consciousness Social responsibility 050203 business & management Legitimacy Law and economics media_common |
Zdroj: | CSR Discovery Leadership ISBN: 9783319599533 |
Popis: | By examining decades of social contract reasoning in the business and society field, this chapter highlights the society aspect of the book’s 3S approach. This examination shows that the field has whittled away at the separation between business and society by presenting these sectors as interpenetrating value systems. The trajectory of this research leads Swanson to conclude that business has institutional legitimacy if it provides its stakeholders with value-defined economic, social, and environmental benefits. Her integrative model of corporate social performance illustrates that socially responsible executives seek to discover how to activate the organizational values that make such triple bottom line impacts possible. Accordingly, amoral management can be understood as a fallacy of separation consciousness that partitions facts from values in decision making. Conversely, the social contract calls for enlightened executives to understand that values define the symbiotic relationship between business and society and that value-free decisions do not exist. |
Databáze: | OpenAIRE |
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