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:
BETWEEN INDEPENDENCE AND BELONGING

Independence
 

The primary individual/organizational obligation is to maintain independence in relating with others. Independence conditions the acceptance of shared obligations, beliefs and customs.

 

 

Belonging
 

The primary individual/organizational obligation is to maintain relations with others, The space for independent action is supported by previously established and shared obligations, beliefs and customs.