Theories of corporate responsibility
 
Pure Marketplace Ethics Libertarian Marketplace
(Shareholder
Theory )
Social Marketplace Ethics Shared Value Ethics Stakeholder Theory - Soft Progressive Corporate Social Responsibility Triple Bottom Line / Sustainability Stakeholder Theory - Hard
 
Theories of corporate responsibility distributed across tensions
 
Profit
versus
social and
environmental engagement
Individualism versus collectivism Independence versus belonging Dignity
versus compassion
Opportunity
versus
equality
Shareholder
versus
stakeholder
   

BUSINESS ETHICS ACROSS TENSION:
RESPECTING THE DIGNITY OF OTHERS VERSUS
FEELING COMPASSION FOR OTHERS

Dignity
 

Primary obligation to others is to honor their dignity; compassion first expressed as recognition of dignity. (Maximize respect for autonomy, minimize pity and charity)

 

 

Compassion
 

Primary obligation to others is compassion; dignity first recognized in others as their worthiness of aid. (Maximize aid and generosity, minimize respect for autonomy)