The All-Stakeholders-Considered Case for Corporate Beneficence
Bibliographic Data
| ID | 21465163 |
|---|---|
| Authors | Gastón de los Reyes (0000-0001-8647-2452, Glasgow Caledonian University, corresponding author) |
| Year | 2023 |
| Volume | 188 |
| Issue | 1 |
| Pages | 37-55 |
| Publication date | 2023-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Business Ethics (JOURNAL) |
| Journal identifiers | ISSN: 0167-4544 • E-ISSN: 1573-0697 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s10551-022-05224-9 |
| PMID | 36320555 |
| OpenAlex | W4307358482 |
| Language | EN |
| Citations received | 1 |
| References cited | 52 |
In ways accentuated by the global coronavirus pandemic, corporations constitute vital instruments of the acts of beneficence needed by the people of the world to make progress in public health and increase collective and individual well-being. This article contributes to understanding the variety of moral forces that may lead corporations to commit acts of beneficence, including Friedman’s business case for corporate beneficence, the duty of beneficence as developed by business ethicists, and Dunfee’s social contract account of corporate obligation. Whereas Mejia recently contributed to scholarship on corporate beneficence by expressly adopting shareholder primacy’s conception of corporate governance, this article embraces a stakeholder-oriented, managerialist picture of corporate governance. I extend the literature on beneficence by incorporating what I argue is the intuition underlying Dunfee’s contractualist formula of minimal contribution, namely that management’s duty to do good is awakened and unshackled to the extent management judges the corporation can afford to commit acts of beneficence, all stakeholders considered. The all-stakeholders-considered case for corporate beneficence compels management to act, I argue, when inaction would undermine the moral integrity of managers personally committed to promoting the well-being of humanity
Autonomy · Beneficence · Business · Business ethics · Corporate governance · Corporate social responsibility · Duty · Law and economics · Political science · Public relations · Sociology · Ethics in Business and Education · Law · Psychology of Moral and Emotional Judgment
Ethical Decision Making by Individuals in Organizations
Nicomachean Ethics
Managing for stakeholders, stakeholder utility functions, and competitive advantage
Toward a Theory of Stakeholder Identification and Salience
An Inquiry into the Nature and Causes of the Wealth of Nations
Corporate Duties of Virtue
The Bystander in Commercial Life
The Social Responsibility of Business Is to Increase Its Profits
Rescuing Justice and Equality
Human Welfare and Moral Worth
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |