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:
INDIVIDUALISM VERSUS COLLECTIVISM

Individualism
 

Collective welfare is an effect of individual (person or organization) success

 

 

Collectivism
 

Individual (person or organization) success enabled by collective welfare

indi-v-collect