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Transforming the Debates on Corporate Governance

Mary O'Sullivan

in Contests for Corporate Control: Corporate Governance and Economic Performance in the United States and Germany

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199244867
eISBN:
9780191596735
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199244863.003.0003
Subject:
Economics and Finance, Microeconomics

The Anglo‐American debates on corporate governance that have taken place over the last two decades have been largely confined to shareholder theory, which is the dominant perspective, and stakeholder ... More


Value–Based Management with Corporate Social Responsibility

John D. Martin, J. William Petty, and James S. Wallace

Published in print:
2009
Published Online:
September 2009
ISBN:
9780195340389
eISBN:
9780199867257
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195340389.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics, Financial Economics

The current financial crisis has caused many of us to question the motives and actions that drive the business world. Even the basic notion that firms should be run so as to maximize shareholder ... More


Ethics in Crowdsourcing: Revisiting and Revising the Role of Stakeholder Theory

Daniel Curto-Millet and Arsalan Nisar

in Creating and Capturing Value through Crowdsourcing

Published in print:
2018
Published Online:
May 2018
ISBN:
9780198816225
eISBN:
9780191853562
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198816225.003.0013
Subject:
Business and Management, Innovation, Strategy

Stakeholder theory is one of the predominant theories on ethics for guiding the inclusion of stakeholders for organizations to balance their interests ethically. However, emerging phenomena, such as ... More


if We’re So Good, Why Aren’t We Better?

David A. Shore and Eric D. Kupferberg

in High Stakes: The Critical Role of Stakeholders in Health Care

Published in print:
2011
Published Online:
September 2011
ISBN:
9780195326253
eISBN:
9780199897285
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195326253.003.0009
Subject:
Public Health and Epidemiology, Public Health

This chapter begins with anecdotes that illustrate how some companies have achieved success by cooperating with each other. The chapter also describes a teaching exercise, where graduate and ... More


The Purpose of a Corporation

John D. Martin, J. William Petty, and James S. Wallace

in Value–Based Management with Corporate Social Responsibility

Published in print:
2009
Published Online:
September 2009
ISBN:
9780195340389
eISBN:
9780199867257
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195340389.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics, Financial Economics

Value-based management sets as a goal the transformation of the cultural mindset within a firm to one of maximizing the firm's value. Corporate social responsibility has most often been presented as ... More


Fry or Jump: Health Care Stakeholders and the Triggers for Change

David A. Shore and Eric D. Kupferberg

in High Stakes: The Critical Role of Stakeholders in Health Care

Published in print:
2011
Published Online:
September 2011
ISBN:
9780195326253
eISBN:
9780199897285
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195326253.003.0044
Subject:
Public Health and Epidemiology, Public Health

The book has called attention to the problem arising from stakeholders being unwilling or unable to form partnerships with one another in order to create lasting value. This chapter makes the case to ... More


Stakeholder Theory, Corporate Governance, and Public Management (with Wayne Norman)

Joseph Heath

in Morality, Competition, and the Firm: The Market Failures Approach to Business Ethics

Published in print:
2014
Published Online:
May 2015
ISBN:
9780199990481
eISBN:
9780190267704
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199990481.003.0003
Subject:
Philosophy, Moral Philosophy

This chapter examines the stakeholder theory of corporate governance. It analyzes the theory's feature of serving “fair” return on the investment of the company's customers, suppliers, employees, and ... More


Other Local Theories

Nick Fotion

in Theory vs. Anti-Theory in Ethics: A Misconceived Conflict

Published in print:
2014
Published Online:
June 2014
ISBN:
9780199373529
eISBN:
9780199373543
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199373529.003.0008
Subject:
Philosophy, Moral Philosophy

Many local theories exist or can be envisioned. One of the former is Ronald Dworkin’s theory titled: Prudent Ideal in Health Care. Dworkin’s theory is not an example of exceptions thinking. Rather, ... More


Creation stories

Christine Desan

in Making Money: Coin, Currency, and the Coming of Capitalism

Published in print:
2014
Published Online:
January 2015
ISBN:
9780198709572
eISBN:
9780191779800
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198709572.003.0002
Subject:
Law, Legal History

The chapter contrasts two approaches to money’s origins, the assumptions that accompany those accounts, and the historical evidence for them in the early Anglo-Saxon world. The “convergence story” is ... More


Shareholders, Stakeholders, and Strategic Factor Markets

Jay B. Barney

in Performance and Progress: Essays on Capitalism, Business, and Society

Published in print:
2015
Published Online:
September 2015
ISBN:
9780198744283
eISBN:
9780191805691
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198744283.003.0015
Subject:
Business and Management, Corporate Governance and Accountability

Despite calls to integrate a stakeholder perspective into managerial decision-making, the shareholder supremacy model continues to dominate practice. A key assumption of the shareholder supremacy ... More


Responsible Capitalism: Business for the 21st Century

R. Edward Freeman, Bidhan L. Parmar, and Kirsten E. Martin

in Re-Imagining Capitalism

Published in print:
2016
Published Online:
October 2016
ISBN:
9780198785453
eISBN:
9780191827372
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198785453.003.0010
Subject:
Business and Management, International Business

Recent calls for reforming capitalism have fallen short of questioning fundamental assumptions about business and value creation. Assumptions about the purpose of business, the interdependence of ... More


Managerial and organizational perspectives

John Child, David Faulkner, Stephen Tallman, and Linda Hsieh

in Cooperative Strategy: Managing Alliances and Networks

Published in print:
2019
Published Online:
June 2019
ISBN:
9780198814634
eISBN:
9780191852374
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198814634.003.0003
Subject:
Business and Management, Strategy

Chapter 3 describes the contributions of managerial and organizational perspectives, namely strategic management theory, game theory, bargaining power theory, organization theory, and stakeholder ... More


The Business Enterprise as an Ethical Agent

Elizabeth Anderson

in Performance and Progress: Essays on Capitalism, Business, and Society

Published in print:
2015
Published Online:
September 2015
ISBN:
9780198744283
eISBN:
9780191805691
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198744283.003.0014
Subject:
Business and Management, Corporate Governance and Accountability

Many for-profit firms integrate ethical considerations into their operations in ways that go beyond obedience to the law and to the letter of contracts they make with employees, customers, creditors, ... More


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