Mediation as an Ethical Adjunct of Stakeholder Theory

A driving force behind the evolution of the stakeholder concept is the potential of negative outcomes for an organization as the result of conflict between that organization and its stakeholders. Where conflict does arise between an organization and stakeholder how might it be resolved in a manner c...

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Bibliographic Details
Main Author: Lampe, Marc (Author)
Format: Electronic Article
Language:English
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Published: Springer 2001
In: Journal of business ethics
Year: 2001, Volume: 31, Issue: 2, Pages: 165-173
Further subjects:B Business and society
B Ethics
B Social Responsibility
B Business Ethics
B Stakeholder Theory
B Strategic Management
B Stakeholders
B Mediation
B alternative dispute resolution
B Business
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Summary:A driving force behind the evolution of the stakeholder concept is the potential of negative outcomes for an organization as the result of conflict between that organization and its stakeholders. Where conflict does arise between an organization and stakeholder how might it be resolved in a manner compatible with stakeholder theory? Applying feminist ethical theory as a theoretical basis for stakeholder theory, mediation provides an appropriate process for resolving such disputes in comparison to traditional adversarial strategies. This paper discusses the attributes of mediation, and its potential benefits as a method to resolve disputes between businesses and their stakeholders.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1010749313936