A Stakeholder Approach to Corporate Social Responsibility

'Oriented to researchers and professionals, this volume is an important research and reference volume on organizational leadership and corporate social responsibility. Summing Up: Highly recommended. Graduate, research, and professional collections.' Choice Vol. 50 #7 'In a world where corporations are seen as ominous threats, this innovative collection invites us to take a new look. It shows how the "stakeholders" of the modern corporation encompass far more than its shareowners, and how the corporation that attends to all of those who have a stake in its success - owners, employees, customers, and the public - is a successful corporation.' Tom Donaldson, University of Pennsylvania, USA 'This is the best of CSR scholarship. It advances the state of the art in CSR and Stakeholder Theory. The mix of theory and practice should be an iconic example of how to do interesting and useful research.' R. Edward Freeman, Darden School of Business, University of Virginia, USA 'This extraordinary collection of essays supports what the editors call "one clear message", namely, that "not all organizations can or should proceed down the same corporate social responsibility path. For some organizations, it simply may be impossible to reconcile the pressures and conflicts they confront". Beginning with a framework characterizing organizations as faced with diverse internal and external pressures and conflicts, the sections and chapters of the collection are crafted to show that diverse paths toward reconciliation cannot be avoided. I can't recall seeing any collection on CSR that is more comprehensive, well-organized or persuasive than this one.' Alex Michalos, Chancellor and Emeritus Professor, University of Northern British Columbia, Canada and Editor-in-Chief of the Journal of Business Ethics 'Future generations might perceive the current financial crisis as the historic turning point at which the decade-long dominance of shareholder value ideology was broken and replaced by a broader, stakeholder-oriented understanding of corporate responsibility. What does it mean to manage corporations with a stakeholder-view and what are the managerial consequences of such an enlightened understanding of responsibility? This highly innovative research anthology is a source of orientation for both practitioners and scholars. It is valuable for scholars who look for the most recent (trans-disciplinary) thinking in stakeholder theory and for practitioners who want to understand, how they can analyze and manage their stakeholder relations in times of growing complexity.' Guide Palazzo, École des hautes Études Commerciales (HEC), University of Lausanne, Switzerland