RT Article
T1 Ethics as Politics: Federal Ethics as the Basis for a ‘Normative’ Stakeholder Theory
JF International journal of value-based management
VO 14
IS 2
SP 183
OP 201
A1 Husted, Bryan W.
LA English
YR 2001
UL https://ixtheo.de/Record/1801630992
AB 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.
K1 Politics
K1 Stakeholder Theory
K1 federal ethics
DO 10.1023/A:1011107528012