Ethics as Politics: Federal Ethics as the Basis for a ‘Normative’ Stakeholder Theory
This paper argues that business ethics needs to deal more effectively with situations in which stakeholder interests conflict – the essence of politics. The nature of conflicting interests and the inability of current theory to deal with conflict are explored. Federal ethics is offered as a promisin...
| Main Author: | |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Proquest
2001
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| In: |
International journal of value-based management
Year: 2001, Volume: 14, Issue: 2, Pages: 183-201 |
| Further subjects: | B
Stakeholder Theory
B federal ethics B Politics |
| Online Access: |
Volltext (lizenzpflichtig) |
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| 520 | |a This paper argues that business ethics needs to deal more effectively with situations in which stakeholder interests conflict – the essence of politics. The nature of conflicting interests and the inability of current theory to deal with conflict are explored. Federal ethics is offered as a promising approach to conflict in stakeholder relations. The paper begins by tracing the development of federal theory and then defines the central value of federal ethics – fidelity. Building on the work of Gabriel Marcel, I ground an ethic of fidelity in consent and creativity. The distinctive features of this approach are highlighted by contrasting it with integrative social contracts theory. Unlike traditional approaches, federal ethics provides a focus on process, rather than principle, which lends itself better to the essentially political nature of stakeholders in conflict. | ||
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