 Business ethics, corporate social responsibility and corporate governance: a review and summary critiqueJohn Donaldson and Irene Fafaliou () European Research Studies Journal, 2003, vol. VI, issue 1-2, 97-118 Abstract: In the business-and-society literature and in the general press on whether business fulfils its social role responsibly. Business ethics, corporate social responsibility and corporate governance movements have been developed in recent decades as responses to a growing sense of corporate wrongdoing. This paper attempts to explain why the three movements seem yet to have generated little in the form of widely accepted prescriptions for improvement of business behaviour to the satisfaction of the “constituents” of business, i.e. the major stakeholders. Without denying the usefulness of any of the three movements, the paper suggests that there are weaknesses in all three, especially concerning the way they conceive modern business operation. To this end business pluralism, responsive codes of practice and re-examination of the assumptions (conditions) of business operation could be helpful. Keywords: Business Ethics; Corporate Social Responsibility; Corporate Governance; Business Ideology; Business Conduct; Business Pluralism; Responsive Codes of Practice; Conditions of Business (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:vi:y:2003:i:1-2:p:97-118 Access Statistics for this article More articles in European Research Studies Journal from European Research Studies Journal |
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