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- Title
Recognition Based upon the Vitality Criterion: A Key to Sustainable Economic Success.
- Authors
Brink, Alexander; Eurich, Johannes
- Abstract
Recognition is a basic precondition of participation. This article applies the dimension of recognition to business ethics. A case is made for normative stakeholder management as a voluntary commitment at the level of corporate leadership; this also meets management’s strategic demands. A vitality criterion is offered as a heuristic instrument, suggesting that any operation should be avoided which would violate the legitimate interests of stakeholders. For this reason, the recognition of mutually-conditioned stakeholder claims is understood as the central management idea.
- Subjects
BUSINESS enterprises; BUSINESS ethics; ETHICS; STOCKHOLDERS; STOCK management (Finance); LEADERSHIP; MANAGEMENT; HEURISTIC
- Publication
Journal of Business Ethics, 2006, Vol 67, Issue 2, p155
- ISSN
0167-4544
- Publication type
Article
- DOI
10.1007/s10551-006-9020-x