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Balkan, J. 2005. The Corporation. London: Constable. Essentially
the book of the film (see 'The Corporation' under Films)
and, as with the film, takes the notion of corporate
moral agency literally to argue that large corporations
display a psychopathic disregard for the interests of the
wider society.
Donaldson, T. 1982. Corporations
and Morality. Englewood Cliffs: Prentice-Hall. Early survey of issues (coverage
also includes corporate moral agency) and based idea of 'social contracts' rather
than stakeholding (idea later much developed by Donaldson). Freeman, R.
E. 1984. Strategic Management: A Stakeholder Approach. Marshfield: Pitman. Classic
statement of the stakeholder approach by its leading advocate.
Friedman, A. L. and Miles, S. 2006. Stakeholders: theory
and practice. Oxford; Oxford University Press. Probably the
most exhaustive treatment of the stakeholder approach to date
(22 pages of references) and aims to be an introductory text
(contains vignettes, tables, questions/exercises). A broadly
social science approach (though due attention paid to philosophic
issues), it is divided into a part one covering theory (mostly
devoted to outlining notable and classic papers - chiefly
American), a part two covering 'Practice' (stakeholder management),
and a part three on 'Policy and Management Education'.
Goyder, G. 1993. The Just Enterprise. London: Adamantine
Press. Rejects stockholder approach for one based on directors
as trustees of a social asset.
Kelly, G. et
al (eds.) 1997. Stakeholder Capitalism. Basingstoke: Macmillan. Exemplifies late
90s broadening of stakeholder concept in the U.K. from application to companies
to whole societies by sociologists, political scientists, and (very briefly) the
incoming Labour government (most useful articles those by Kay and Parkinson). Phillips
R. 2003. Stakeholder Theory and Organizational Ethics. San Francisco: Berrett-Koehler.
As the title suggests, this is an attempt to explain stakeholder theory as
an organizational ethic: specifically, in terms of a Rawlsian notion of 'fair
play' by which stakeholders can be identified and ranked on the basis of their
'contribution' to an organization. What is on offer, therefore, is a defence of
a comprehensive theory of the nature of stakeholding rather than just that adoption
of it as an approach that is usual in books with 'stakeholder' in the title. So
what is also provided is a useful entry point into contemporary debates in the
area of stakeholder theory. Sternberg, E. 2000 (2nd edn. - little changed
from first). Just Business. Oxford: Oxford University Press. Vigorous advocacy
of stockholder approach based on definition of purpose of company as maximizing
long term owner value.
Turner, A. 2001 (Pan paperback 2002). Just Capital: the liberal
economy. London: Macmillan. Though very much about economics
rather than business ethics, in being a concise but thorough
analysis of the competing claims of the decidedly stockholder
orientated Anglo-Saxon form of capitalism as against a more
stakeholder orientated 'European Social Model' (some attention
is also paid to Japan) this book is a valuable contribution
to that aspect of the stockholder v. stakeholder debate concerned
with assessing the relative merits of two approaches in broadly
utilitarian terms. (Turner concludes that the social benefits
of the European model need not be sacrificed to achieve economic
benefits provided suitable modifications are made to it.)
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