Millennial Reservations

2000 ◽  
Vol 10 (1) ◽  
pp. 291-303 ◽  
Author(s):  
Lisa H. Newton
Keyword(s):  
Business Ethics ◽  
Stakeholder Theory ◽  
Social Contract ◽  
Natural Environment ◽  
Triple Bottom Line ◽  
Bottom Line ◽  
Doing Business ◽  
The Social

Abstract:The decade in which the Business Ethics Quarterly has flourished has been a good one for business and business ethics, in which new guiding theories (like stakeholder theory), new interpretations of older ethical concepts (trust, virtue, and the social contract, for instance), and whole new paradigms of doing business (the Triple Bottom Line) have entered the literature. But practice has not kept up with theory, and the theoretical gains seem to be offset by terrible losses in the temperance of greed, the fostering of trustworthiness, and sensitivity to the natural environment.

The Normative Theories of Business Ethics: A Guide for the Perplexed

1998 ◽  
Vol 8 (1) ◽  
pp. 19-42 ◽  
Author(s):  
John Hasnas
Keyword(s):  
Business Ethics ◽  
Stakeholder Theory ◽  
Social Contract ◽  
Critical Review ◽  
Contract Theory ◽  
Social Contract Theory ◽  
Normative Theory ◽  
The Social ◽  
Stockholder Theory

Abstract:The three leading normative theories of business ethics are the stockholder theory, the stakeholder theory, and the social contract theory. Currently, the stockholder theory is somewhat out of favor with many members of the business ethics community. The stakeholder theory, in contrast, is widely accepted, and the social contract theory appears to be gaining increasing adherents. In this article, I undertake a critical review of the supporting arguments for each of the theories, and argue that the stockholder theory is neither as outdated nor as flawed as it is sometimes made to seem and that there are significant problems with the grounding of both the stakeholder and social contract theory. I conclude by suggesting that a truly adequate normative theory of business ethics must ultimately be grounded in individual consent.

Airbnb – exploring triple bottom line impacts on community

2020 ◽  
Vol 14 (2) ◽  
pp. 205-223 ◽  
Author(s):  
Rodney W. Caldicott ◽  
Tania von der Heidt ◽  
Pascal Scherrer ◽  
Sabine Muschter ◽  
Antonia Canosa
Keyword(s):  
Social Impact ◽  
Social Issues ◽  
Empirical Studies ◽  
Triple Bottom Line ◽  
Sharing Economy ◽  
Bottom Line ◽  
Content Type ◽  
The Social ◽  
Negative Impacts ◽  
Time Planning

Purpose This paper aims to purposely place community and its stakeholders at the forefront of an investigation of positive and negative social, economic and environmental impacts of the sharing economy in the specific context of Airbnb by drawing upon the triple bottom line (TBL) framework of sustainability. Design/methodology/approach A qualitative enquiry through a “scoping approach” with the search of relevant electronic databases identified a range of conceptual and empirical studies in the period from 2008 to 2018 informing a profile focussed on the triple bottom line impacts. Findings The criteria limited search yielded 23 focal articles, which investigated or discussed Airbnb impacts on local communities. Analysis of these articles informed a three-pillar tabulation of positive and negative impacts, which are presented against four key stakeholder groupings. Research limitations/implications The study is exploratory, and further research, especially confirmatory research, is recommended. Practical implications The study’s value extends to praxis. Guided by findings, real-time planning and policy-making are already underway within the authors’ community. Additionally, an extension project, as requested by the community, is now investigating direct traditional accommodation provider impacts. Social implications Understanding of the social issues concerning Airbnb and indeed, the wider sharing economy, is broadened through identified need for further social impact research. Originality/value To the best of authors’ knowledge, this is one of the first studies to apply a “scoping approach” to holistically illuminate the positive and negative impacts of Airbnb at the micro-level in each of the three domains of sustainability. The research methodology is shown to be effective, with positive community impact, and will easily adapt to other destinations grappling with policy decisions.

The Social Contract Model of Corporate Purpose and Responsibility

2015 ◽  
Vol 25 (04) ◽  
pp. 433-460 ◽  
Author(s):  
Nien-hê Hsieh
Keyword(s):  
Business Ethics ◽  
Social Contract ◽  
Contract Theory ◽  
Social Contract Theory ◽  
For Profit ◽  
The Social ◽  
Critical Responses ◽  
The Many

ABSTRACT:Of the many developments in business ethics that Thomas Donaldson has helped pioneer, one is the application of social contract theory to address questions about the responsibilities of business actors. InCorporations and Morality, Donaldson develops one of the most sustained and comprehensive accounts that aims to justify the existence of for-profit corporations and to specify and ground their responsibilities. In order to further our understanding about the purpose and responsibilities of productive organizations, and as a contribution to the scholarship on Donaldson’s thought, this paper gathers together the critical responses to Donaldson’s account along with Donaldson’s replies to his critics. The paper argues that we would do well to continue engaging with Donaldson’s account because of its distinctive and challenging conception of the purpose and responsibilities of productive organizations, but that many of the insights to be gained come from reframing the role played by social contract theory.

Contractarian Business Ethics: Credentials and Design Criteria

2008 ◽  
Vol 29 (10) ◽  
pp. 1337-1355 ◽  
Author(s):  
Ben Wempe
Keyword(s):  
Business Ethics ◽  
Social Contract ◽  
Thought Experiment ◽  
Political Authority ◽  
Choice Situation ◽  
Ethical Theories ◽  
Domain Specific ◽  
The Social ◽  
Stakeholder Model ◽  
Practical Guidance

Contractarian business ethics (CBE) is in great vogue in the present study of corporate morality. Its stated ambition is to provide better practical guidance than the more general ethical theories of business ethics, such as Kantianism, pragmatism, utilitarianism, virtue ethics or the stakeholder model. But how good is this new trend in business ethics theorizing? This article aims to assess CBE's credentials as a social contract argument. For this purpose, it embarks on a comparative analysis of the use of the social contract model in two earlier domains: political authority and social justice. Building on this comparison, it then develops four criteria for any future CBE. To apply the social contract model properly to the domain of corporate morality, it should be: (1) self-disciplined, i.e. not aspire to results beyond what the contract model can realistically establish; (2) argumentative, i.e. provide principles that are demonstrative results of the contractarian method; (3) task-directed, i.e. it should be clear what the social contract thought-experiment is intended to model; and (4) domain-specific, i.e. the contractarian choice situation should be tailored to the defining problems of corporate morality.

Business Ethics and Extant Social Contracts

1991 ◽  
Vol 1 (1) ◽  
pp. 23-51 ◽  
Author(s):  
Thomas W. Dunfee
Keyword(s):  
Business Ethics ◽  
Social Contract ◽  
Empirical Studies ◽  
Prima Facie ◽  
Theoretical Research ◽  
Priority Rules ◽  
Ethical Theories ◽  
Social Contracts ◽  
The Social ◽  
Ethical Norms

Extant social contracts, deriving from communities of individuals, constitute a significant source of ethical norms in business. When found consistent with general ethical theories through the application of a filtering test, these real social contracts generate prima facie duties of compliance on the part of those who expressly or impliedly consent to the terms of the social contract, and also on the part of those who take advantage of the instrumental value of the social contracts. Businesspeople typically participate in multiple communities and, as a consequence, encounter conflicting ethical norms. Priority rules can be devised to resolve such conflicts. The framework of extant social contracts merges normative and theoretical research in business ethics and specifies a domain for empirical studies.

Triple Bottom Line Accounting and Energy-Efficiency Retrofits in the Social-Housing Sector: A Case Study

2013 ◽  
Vol 13 (1) ◽  
pp. 105-131 ◽  
Author(s):  
Kathryn Bewley ◽  
Thomas Schneider
Keyword(s):  
Energy Efficiency ◽  
Social Housing ◽  
Quantitative Methods ◽  
Triple Bottom Line ◽  
Fair Value ◽  
Data Availability ◽  
Housing Sector ◽  
Bottom Line ◽  
The Social

ABSTRACT This paper reports the findings of a case study conducted to learn about the information, actors, actions, and processes involved in energy-efficiency investment decisions in the social-housing sector. These decisions draw on environmental, social, and economic factors, which are studied from a “triple bottom line” (TBL) accounting perspective. The quantitative methods we use rely on Levels I, II, and III fair-value measures similar to those used in financial accounting. The qualitative methods rely primarily on interviews conducted and transcribed by the researchers. Our main findings show that a pure financial bottom-line approach would not fully indicate the overall desirability of the type of energy-efficiency investment undertaken in this case. By factoring in other quantitative and qualitative outcomes drawn from the research methods applied, a different conclusion may be reached. Data Availability: Available upon request from the authors.

scholarly journals Perempuan dan pemaknaan triple bottom line di kawasan mangrove surabaya

2019 ◽  
Vol 3 (3) ◽  
pp. 444
Author(s):  
Anastasia Yuni Widyaningrum ◽  
Yuli Nugraheni
Keyword(s):  
Environmental Management ◽  
Corporate Social Responsibility ◽  
Nature Conservation ◽  
Social Responsibility ◽  
Natural Environment ◽  
Triple Bottom Line ◽  
Bottom Line ◽  
Daily Lives ◽  
Mangrove Area ◽  
Corporate Social

Mangrove area identically are slum because they are located in river estuaries with unplanned environmental management. Not so with the mangrove area at Gunung Anyar Tambak Surabaya. Women in this region actively carry out nature conservation and protect the environment so that they are well preserved. This research was conducted with the aim to find out how women interpret the triple bottom line concept as a pillar of Corporate Social Responsibility implemented by the National Electricity Company of East Java. Data was collected by FGD, interviews and also environmental observations. Phenomenology as a theory and also the method used in this study. Triple bottom line concept and Corporate Social Responsibility are used to analyse. The results of the study show that the meaning of women about the triple bottom line concept is a part of their daily lives that cannot be separated. The existence and absence of a Corporate Social Responsibility program from the National Electricity Company will make women in the mangrove area of Gunung Anyar Tambak continue to carry out environmental hygiene from garbage flowing in the river. Thus the triple bottom line pillar, namely planet (natural environment) is maintained and benefits profit (profit, second pillar) and this is an active awareness (people, third pillar) of women in the mangrove area of Gunung Anyar Tambak Surabaya.

scholarly journals Teaching multiple approaches to management to facilitate prosocial and environmental well-being

2021 ◽  
pp. 135050762110454
Author(s):  
Bruno Dyck ◽  
Arran Caza
Keyword(s):  
Future Development ◽  
Triple Bottom Line ◽  
Well Being ◽  
Effective Management ◽  
Post Intervention ◽  
Bottom Line ◽  
The Social ◽  
Ecological Thought ◽  
Organizational Scholarship ◽  
Management Students

Friedman’s maxim “The social responsibility of business is to increase its profits” (p. 32) has shaped what managers consider effective management. This Financial Bottom Line approach to management has been challenged by both Positive Organizational Scholarship (POS) and Critical Management Studies (CMS). POS highlights how enhancing prosocial and other nonfinancial considerations can increase profits, consistent with the current dominant Triple Bottom Line approach. In contrast, CMS tends to critique any approach that seeks to maximize profits by creating dysfunctional power symmetries and marginalization. This study introduces a third option, the Social and Ecological Thought approach, which promotes maximizing social and ecological well-being while remaining financially viable. A longitudinal pre-post intervention in a sample of undergraduate management students showed that teaching multiple approaches to management—Financial Bottom Line, Triple Bottom Line, and Social and Ecological Thought—resulted in learners becoming less likely to espouse profit-related goals (e.g. to maximize efficiency, productivity, profitability) and more likely to identify nonfinancial ones (e.g. extra-organizational prosociality and reduction of marginalization) when characterizing effective management. However, the results did not support predictions regarding intra-organizational prosociality and marginalization, or power asymmetries. We discuss implications for pedagogy and the future development of POS and CMS.

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