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The Stakeholders as Investors: A Response to Etzioni

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  • Cludts, Stephan

Abstract

In a recent contribution to this journal, Etzioni (1998) has introduced a “communitarian note on stakeholder theory” based on a principle of fairness. While we do not challenge the principle of fairness itself, we claim that when this principle is applied only to those who invest in the corporation, it cannot serve as the ground for an ethical stakeholder theory. A focus on low-skilled workers as a stakeholder group will help us to illustrate this claim.

Suggested Citation

  • Cludts, Stephan, 1999. "The Stakeholders as Investors: A Response to Etzioni," Business Ethics Quarterly, Cambridge University Press, vol. 9(4), pages 673-676, October.
    • Handle: RePEc:cup:buetqu:v:9:y:1999:i:04:p:673-676_00
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    Cited by:

    1. Andre Nijhof & Olaf Fisscher & Jan Kees Looise, 2002. "Inclusive innovation: a research project on the inclusion of social responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 9(2), pages 83-90, June.

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