Corporate legitimacy in risk society: the case of Brent Spar
Jesper Grolin
Business Strategy and the Environment, 1998, vol. 7, issue 4, 213-222
Abstract:
The aim of this paper is to understand what lessons on corporate legitimacy can be drawn from the Shell – Greenpeace conflict in 1995 about the dumping of the Brent Spar oil storage platform in the North‐East Atlantic. Based on theories of corporate legitimacy and risk society, it is argued that the Brent Spar conflict reflects a new balance between business, government and civil society as well as a radicalization of the requirements for corporate legitimacy. As a part of these new and more demanding requirements, corporations will need to address a much broader scope of responsibilities and a wider circle of stakeholders than suggested so far by theories of stakeholder management. In addition, corporations will need to develop new and trustworthy forms of dialogue with the public. © 1998 John Wiley & Sons, Ltd and ERP Environment.
Date: 1998
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https://doi.org/10.1002/(SICI)1099-0836(199809)7:43.0.CO;2-I
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Persistent link: https://EconPapers.repec.org/RePEc:bla:bstrat:v:7:y:1998:i:4:p:213-222
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