#StopHateForProfit and the Ethics of Boycotting by Corporations

In July 2020, more than 1000 companies that advertise on social media platforms withdrew their business, citing failures of the platforms (especially Facebook) to address the proliferation of harmful content. The #StopHateForProfit movement invites reflection on an understudied topic: the ethics of...

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Bibliographic Details
Authors: Lechterman, Theodore M. (Author) ; Jenkins, Ryan (Author) ; Strawser, Bradley Jay (Author)
Format: Electronic Article
Language:English
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Published: Springer 2024
In: Journal of business ethics
Year: 2024, Volume: 191, Issue: 1, Pages: 77-91
Further subjects:B CSR
B Social media
B Boycotts
B Ethical consumerism
B Democratic legitimacy
B Corporate activism
Online Access: Presumably Free Access
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Description
Summary:In July 2020, more than 1000 companies that advertise on social media platforms withdrew their business, citing failures of the platforms (especially Facebook) to address the proliferation of harmful content. The #StopHateForProfit movement invites reflection on an understudied topic: the ethics of boycotting by corporations. Under what conditions is corporate boycotting permissible, required, supererogatory, or forbidden? Although value-driven consumerism has generated significant recent discussion in applied ethics, that discussion has focused almost exclusively on the consumption choices of individuals. As this article underscores, value-driven consumerism by business corporations complicates these issues and invites further examination. We propose principles for the ethics of boycotting by corporations, indicate how these principles relate to different CSR paradigms, and show how these insights can help assess recent instances of corporate boycotting.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-023-05415-y