The adverse effects of MNE's global strategy on a local community are discussed utilizing recent developments of a Finnish electronics manufacturing service firm as an illustrative case. The shortcomings of one of the most recognized global strategy frameworks, the integration-responsiveness framework from an ethical viewpoint are discussed, and an extended view of responsiveness in the global strategy context offered.

In order to effectively manage corporate reputations we need a better understanding of how they form and are likely to change over time - the topic of this paper. The paper makes use of the social network paradigm to begin to understand the significance of word of mouth and related effects within stakeholder networks. The paper is a work-in-progress linking social contagion and reputation.

This discussion proposal examined the constitutional status—the rights, privileges, and duties—of the business corporation. In U S. corporation law, as settled by the U.S. Supreme Court in the 19th century, the business firm is fictionally an artificial person but not a corporate citizen much less a natural citizen. The constitutional status of the for-profit corporation has become again a topic of inquiry recently as a result of certain developments. The Bipartisan Campaign Reform Act (BCRA) of 2002 has now been reviewed by the U.S. Supreme Court concerning political free speech issues. Nike agreed to a settlement concerning commercial free speech issues—leaving federal law not judicially finalized in this area. The federal government is attempting to regulate telemarketing over judicial objections. Spam is a large and growing proportion of email transmissions. A federal court lawsuit filed under the Alien Tort Claims Act alleges Unocal liability with respect to its role as minority investor in a pipeline built by a joint venture between the Myanmar (or Burma) government (a repressive military regime) and a French company Total.

In this article we present an analysis of the massive delegitimation process which led to the demise of Arthur Andersen, once a most respected model among the “Big Five” accounting firms. Using a conceptual model developed in a previous study, we review the various elements of the firm's downfall, and conclude with a new model of organizational “de-legitimation”.

We propose an exploratory study of how the ethic of care stakeholder model is and can be realized in a corporate environment by focusing corporate environmental responsibility. The ethic of care stakeholder model counters the traditional approach that relies on “managing” stakeholders in priority order, turning instead to a cooperative coexistence with stakeholders in a shared, ecologically sustainable community founded on an ethic of care.

Among his many other accomplishments, Sir Horace Plunkett was the founder of the Irish cooperative organization movement, and 2004 marks the centenary of the publication of his landmark work Ireland in the New Century (Plunkett, 1904). Unfortunately, as influential as Plunkett was at the turn of the twentieth century, he is largely forgotten today. Yet, Plunkett's ideas on cooperative organizations as instruments of both commercial success and social good may serve to remind business and society scholars that alternative models of business organization have long existed and have been, from time to time, successful. His philosophy of cooperative organization further suggests that "stakeholder theory" was a practice long before it was anything approaching theory.

This study presents an empirical field analysis of the organizational conditions underlying the deregulatory turmoil in the United States electricity sector during the late 1990s and early 2000s. Set in a regional electric utility, this work examines the operational, cultural, and stakeholder dilemmas arising within this representative industrial organization during the shift from a regulated environment to one dominated by the dictates of “free market” economics.

In this paper, I formulate a theory to explain the occurrence of qualitatively distinct types of firm-stakeholder relationships. It proceeds by distinguishing between components of firms’ relational activities and relating those distinct activities to separate components of stakeholder salience attributes. Institutional explanations are offered to explain how salience components of legitimacy and urgency may be associated with different types of firm-stakeholder activities than is power. Limitations of the theory are examined, especially recognizing that stakeholder governance mechanisms external to the firm may often condition similarly managers' attitudes as well as firm-level culture, and action.

The Stakeholder View of the corporation holds that the capacity of a business enterprise is to generate long-term value which depends on critical stakeholders (Post, Preston, and Sachs, 2002: 51). This paper proposes a learning framework to explain why and how firms adopt a broader stakeholder orientation or why they don't. Preliminary, comparative case studies show first empirical evidence that the framework works in longitudinally capturing the development of stakeholder management in practice

This study offers an alternative to the predominant stockholder view by considering the stakeholder theory of the firm advanced by Freeman (1984). Stakeholder theory has a central focus on ethics in corporate governance, and is normative at its core as it tells top managers what they should do from an ethical standpoint with attention given to the various stakeholder groups of the firm, and not just the stockholders. Within the framework of stakeholder theory, this study will consider top managers moral values based on the importance they give to justice, trust, and commitment in their dealings with stakeholders. The overriding belief of this study is that the greater attention a manager gives to each of these areas in dealing with their stakeholder groups, the better their firm will perform financially.

The teaching of business ethics is almost inherently pluralistic, but little evidence of explicitly pluralistic approaches exists in teaching materials besides the available decision-making frameworks. In this paper we argue that the field needs to acknowledge and adopt pluralism as the standard pedagogical approach, whether the individual teacher uses a philosophical approach or a more applied approach, to best serve students and society.