Corporate Stakeholder Democracy
Corporate Stakeholder Democracy

Author: Robert Braun

Publisher: Central European University Press

Published: 2019-04-10

Total Pages: 352

ISBN-13: 9633862949

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Most practitioners and decision makers look at corporate social responsibility (CSR) as a socially responsible management practice on top of what company leaders generally do: focus on the sustainable, long term financial profitability of their corporation. This book focuses on a political understanding of CSR: the author bridges politics with corporate social responsibility and in a creative and provocative manner. Braun seeks to explore why and how corporations are to be seen as political actors with important roles in our current societies. The first part discusses the social context, the various stakeholder approaches and it also endeavors – with the help of the historic/political parallel of the bourgeois revolutions in the 19th century – to define the corporate polity. The second part analyses the new kind of political operational logic from the viewpoint of the different areas of corporate operation; it gives an overview of the consequences for the individual areas of operation and indicates how corporate policy can be realized in the given field of operation. The third part of the book introduces the institutions necessary for the creation of the corporate polity.

Corporate Stakeholder Democracy
Corporate Stakeholder Democracy

Author: Róbert Braun

Publisher:

Published: 2019

Total Pages:

ISBN-13: 9789633862933

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Most practitioners and decision makers look at corporate social responsibility (CSR) as a socially responsible management practice on top of what company leaders generally do: focus on the sustainable, long term financial profitability of their corporation. This book focuses on a political understanding of CSR: the author bridges politics with corporate social responsibility and in a creative and provocative manner. Braun seeks to explore why and how corporations are to be seen as political actors with important roles in our current societies. The first part discusses the social context, the v.

Stakeholder Capitalism
Stakeholder Capitalism

Author: Klaus Schwab

Publisher: John Wiley & Sons

Published: 2021-01-27

Total Pages: 311

ISBN-13: 1119756138

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Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

The New Corporation
The New Corporation

Author: Joel Bakan

Publisher: Penguin

Published: 2020-09-22

Total Pages: 320

ISBN-13: 0735238855

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Silver WINNER of the 2021 Axiom Business Book Awards in Business Ethics WINNER of the 2021 Jim Deva Prize for Writing That Provokes From the author of The Corporation: The Pathological Pursuit of Profit and Power comes this deeply informed and unflinching look at the way corporations have slyly rebranded themselves as socially conscious entities ready to tackle society's problems, while CEO compensation soars, income inequality is at all-time highs, and democracy sits in a precarious situation. Over the last decade and a half, business leaders, Silicon Valley executives, and the Davos elite have been calling for a new kind of capitalism. The writing was on the wall. With income inequality soaring, wages stagnating, and a climate crisis escalating, it was no longer viable to justify harming the environment and ducking taxes in the name of shareholder value. Business leaders realized that to get out in front of these problems, they had to make social and environmental values the very core of their messaging. Their essential pitch was: Who could be better suited to address major societal issues than efficiently run corporations? There is just one small problem with their doing well by doing good pitch. Corporations are still, ultimately, answerable to their shareholders, and doing well always comes first. This essential truth lies at the heart of Joel Bakan's argument. In lucid and engaging prose, Bakan lays bare a litany of immoral corporate actions and documents corporate power grabs dressed up as social initiatives. He makes clear the urgency of the problem of the corporatization of society itself and shows how people are fighting back and making gains on a grassroots level.

Multistakeholder Governance and Democracy
Multistakeholder Governance and Democracy

Author: Harris Gleckman

Publisher: Routledge

Published: 2018-09-18

Total Pages: 266

ISBN-13: 1351384759

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Multistakeholder governance is proposed as the way forward in global governance. For some leaders in civil society and government who are frustrated with the lack of power of the UN system and multilateralism it is seen as an attractive alternative; others, particularly in the corporate world, see multistakeholder governance as offering a more direct hand and potentially a legitimate role in national and global governance. This book examines how the development of multistakeholderism poses a challenge to multilateralism and democracy. Using a theoretical, historical perspective it describes how the debate on global governance evolved and what working principles of multilateralism are under threat. From a sociological perspective, the book identifies the organizational beliefs of multistakeholder groups and the likely change in the roles that leaders in government, civil society, and the private sector will face as they evolve into potential global governors. From a practical perspective, the book addresses the governance issues which organizations and individuals should assess before deciding to participate in or support a particular multistakeholder group. Given the current emphasis on the participation of multiple actors in the Sustainable Development Goals, this book will have wide appeal across policy-making and professional sectors involved in negotiations and governance at all levels. It will also be essential reading for students studying applied governance.

Redefining Corporate Social Responsibility
Redefining Corporate Social Responsibility

Author: David Crowther

Publisher: Emerald Group Publishing

Published: 2018-09-05

Total Pages: 253

ISBN-13: 1787561615

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Through a series of studies of aspects of CSR from around the world, this book re-examines the topic though the lenses of various disciplines and cultures. It shows that the subject is much wider than is generally perceived and that CSR is evolving in a way which has not been generally recognized within the academic community.

Global Stakeholder Democracy
Global Stakeholder Democracy

Author: Terry Macdonald

Publisher: Oxford University Press, USA

Published: 2008-08-07

Total Pages: 248

ISBN-13: 0199235007

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A pressing question at the forefront of current global political debates is: how can we salvage the democratic project in the context of 'globalization'? In recent years political activists have mounted high-profile campaigns for the democratization of powerful international institutions such as the World Bank and IMF, and for greater 'corporate accountability'. In turn, many of the NGOs linked to these campaigns have themselves faced demands for greater democratic legitimacy.Global Stakeholder Democracy responds to these challenges by outlining an innovative theoretical and institutional framework for democratizing the many state and non-state actors wielding public power in contemporary global politics. In doing so, the book lays out a promising new agenda for globaldemocratic reform. Its analysis begins with the recognition that we cannot simply recreate traditional constitutional and electoral institutions of democratic states on a global scale, through the construction of a democratic 'super-state'. Rather, we must develop new kinds of democratic institutions capable of dealing with the realities of global pluralism, and democratizing powerful non-state actors as well as states. Through reflecting on the democratic dilemmas surrounding the politicalpower of global NGOs, the book mounts a powerful challenge to the state-centric theoretical assumptions that have underpinned the established democratic theories of both 'cosmopolitan' and 'communitarian' liberals. In particular, it challenges the widespread assumption that 'sovereign' power, 'bounded'(national or global) societies, and 'electoral' processes are essential institutional foundations of a democratic system. The book then re-thinks the democratic project from its conceptual foundations, posing the questions: What needs to be controlled? Who ought to control it? How could they do so? In answering these questions, the book develops a novel theoretical model of representative democracy that is focused on plural (state and non-state) actors rather than on unitary state structures.It elaborates a democratic framework based on the new theoretical concepts of 'public power', 'stakeholder communities' and 'non-electoral representation', and illustrates the practical implications of these proposals for projects of global institutional reform.

Stakeholder Democracy
Stakeholder Democracy

Author: Felix Dodds

Publisher: Routledge

Published: 2019-06-04

Total Pages: 263

ISBN-13: 135117441X

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In the context of sustainable development, this book describes how we are moving from representative to participatory democracy, and how we are now in a "stakeholder democracy," which is working to strengthen represented democracy in a time of fear. Since the 1992 Rio Earth Summit the idea of stakeholder democracy has grown, with stakeholders engaged in helping governments and intergovernmental bodies make better decisions, and in helping them to deliver those decisions in partnerships amongst various stakeholders, with and without government. Seen through a multi-stakeholder, sector and level lens, this book describes the history of the development of stakeholder democracy, particularly in the area of sustainable development. The authors draw on more than twenty-five years of experience to review, learn from and make recommendations on how best to engage stakeholders in policy development. The book illustrates successful practical examples of multi-stakeholder partnerships (MSPs) to implement agreements and outline elements of an MSP Charter. This will provide a benchmark for partnerships, enabling those being developed to understand what the necessary quality standards are and to understand what is expected in terms of transparency, accountability, financial reporting, impact and governance. The book is essential reading for professionals and trainees engaging in multi-stakeholder processes for policy development and to implement agreements. It will also be useful for students of sustainable development, politics and international relations.

Encyclopedia of Stakeholder Management
Encyclopedia of Stakeholder Management

Author: Jacob D. Rendtorff

Publisher: Edward Elgar Publishing

Published: 2023-02-14

Total Pages: 445

ISBN-13: 1800374240

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This Encyclopedia provides a comprehensive overview of the most important concepts of stakeholder theory and management in business and public administration. It identifies that stakeholders are essential for value-creation in democratic societies.

Corporate Governance and Business Ethics
Corporate Governance and Business Ethics

Author: Alexander Brink

Publisher: Springer Science & Business Media

Published: 2011-08-12

Total Pages: 387

ISBN-13: 9400715889

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This volume explores corporate governance from three perspectives: a traditional economic, a philosophical, and an integrated business ethics perspective. Corporate governance has enjoyed a long tradition in the English-speaking world of management sciences. Following its traditional understanding it is defined as leadership and control of a firm with the aim of securing the long-term survival and viability of that firm. But recent business scandals and financial crises continue to provide ample cause for concern and have all fuelled interest in the ethical aspects. As a result, corporate governance has been criticized by many social groups. Economic sciences have failed to provide a clear definition of the corporate governance concept. Complexity increases if we embed the economic approach of corporate governance in a philosophical context. This book seeks to define the concept by examining its economic, philosophical and business ethics foundations.