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:
FOMENTING OPPORTUNITY FOR OTHERS VERSUS
ADVOCATING EQUALITY WITH OTHERS

Opportunity
 

Primary obligation to others: foment opportunities for them to create and pursue their own destinies. Equality is understood in terms of opportunity. Generosity is conceived in terms of the creation of possibilities.

 

 

Equality
 

Primary obligation to others: distribute goods and services more equally through society. Opportunity is secondary to reality. Generosity conceived in terms of tangible reality.