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- Title
GLOBAL CORPORATE CITIZENSHIP: PRINCIPLES TO LIVE AND WORK BY.
- Authors
Post, James E.
- Abstract
This paper discusses global corporate citizenship in the twenty-first century. The primary focus is on the responsibility of management educators to foster among students an understanding of the causes and consequences of business activity that creates organizational wealth, including the role of stakeholders. The modern corporation is a stakeholder enterprise: stakeholders enable the business to create wealth and require that it distribute wealth appropriately. The stakeholder enterprise model, which has been so economically successful, also implies corporate citizenship responsibilities. The Clarkson Principles are discussed as a means through which educators and managers can better understand and address the challenges of corporate citizenship in the modern world.
- Subjects
STAKEHOLDER theory; SOCIOLOGY of corporations; WEALTH &; ethics; BUSINESS ethics; SOCIAL responsibility; ORGANIZATIONAL sociology research; AGENCY theory; INSTITUTIONAL theory (Sociology); LEGITIMATION (Sociology); SOCIAL constructionism
- Publication
Business Ethics Quarterly, 2002, Vol 12, Issue 2, p143
- ISSN
1052-150X
- Publication type
Article