RT Article
T1 The Business Ethics of Jamsetji Nusserwanji Tata – A Forerunner in Promoting Stakeholder Welfare
JF Journal of business ethics
VO 83
IS 2
SP 353
OP 361
A1 Sivakumar, N.
LA English
YR 2008
UL https://ixtheo.de/Record/1785632124
AB This article examines the business practices of Jamsetji Nusserwanji Tata, the founder the Tata group of business in India in the 19th century, from the perspective of stakeholder welfare. Jamsetji Nusserwanji Tata was concerned about the welfare of all major stakeholder constituents. His business practices promoted the welfare of employees, customers, society, owners, competitors, environment and other stakeholders. He implemented several measures even before law mandated them thus acting as a forerunner in promoting stakeholder welfare. His business plans became the foundation for an economically strong India. This article, after an initial overview of the stakeholder framework, describes the business practices of Jamsetji Nusserwanji Tata with regard to major stakeholder constituents. Relevant research findings regarding each stakeholder constituent studied have been cited to show that the practices of Jamsetji Nusserwanji Tata have relevance to business even today.
K1 stakeholder welfare
K1 management history
K1 Jamsetji Nusserwanji Tata
DO 10.1007/s10551-007-9624-9