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Responding To Stakeholders’ Critical Needs- The Integrative Model Of Stakeholders’ Management (Imsm), Grace S. Thomson
Responding To Stakeholders’ Critical Needs- The Integrative Model Of Stakeholders’ Management (Imsm), Grace S. Thomson
Dr. Grace S. Thomson
Organizations are increasingly required to enhance their accountability to diverse internal and external stakeholders (Burrows, 1999). Knowing and understanding stakeholders’ expectations increases the ability of an organization to effectively respond to those expectations. Stakeholder relationship management is critical for corporate sustainability (Perrini & Tencati, 2006) or “capacity of a firm to continue operating over a long period of time” (p. 296). Organizations may benefit from developing collaborative interactions with their stakeholders, integrating their values and views into the formulation and implementation of organizational goals and objectives (Merrick, Parnell, Barnett & Garcia, 2005; Susniene & Vanagas, 2006).
This document contains a …
Taxonomy Of Business Ethics Theories, Grace S. Thomson
Taxonomy Of Business Ethics Theories, Grace S. Thomson
Dr. Grace S. Thomson
An increasing interest on ethics in business has resulted in a fruitful production of scholarly research that provides business leaders and decision-makers with references to bridge theory and practice (Cherry, Lee, and Chien, 2003). For an effective application of business ethics theories, it is necessary to comprehend their domains, their external and internal logic, and the specific applications to the ethical issues under analysis (Wempe, 2008).
This document presents a taxonomy of 11 ethical theories applied to business ethics that incorporate grounded theory and conceptual frameworks. As a basis for the construction of this taxonomy, the selection of the theories …