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From CR‐psychopaths to responsible corporations: waking up the inner Sleeping Beauty of companies

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  • Tarja Ketola

Abstract

Many large companies seem to fulfil the psychiatric criteria for psychopaths in their corporate responsibility (CR) practices. Are they really incurable psychopaths, or is it possible that they could be counselled into accepting their responsibilities? CR studies have so far paid little attention to the variations in the CR emphases between different companies. This article, based on a conference paper (Ketola, 2005b), presents a CR emphasis model, pinpointing eight different approaches to corporate responsibility. Some companies do not voluntarily take any responsibilities. Companies acting like psychopaths need a Prince of Virtues to kiss awake their inner Sleeping Beauty from its 100‐year irresponsibility sleep. All companies could take advantage of virtue ethics, which present the values shared by all humans, and hence exemplify the natural law (lex naturae). Counselling top managers and key individuals on their personal and professional values enables all personnel to integrate virtues into the company's CR practices. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Tarja Ketola, 2006. "From CR‐psychopaths to responsible corporations: waking up the inner Sleeping Beauty of companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 13(2), pages 98-107, May.
    • Handle: RePEc:wly:corsem:v:13:y:2006:i:2:p:98-107
    DOI: 10.1002/csr.113
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    References listed on IDEAS

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    1. Richard Welford, 2002. "Globalization, corporate social responsibility and human rights," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 9(1), pages 1-7, March.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    3. Christopher J. Robertson & William F. Crittenden, 2003. "Mapping moral philosophies: strategic implications for multinational firms," Strategic Management Journal, Wiley Blackwell, vol. 24(4), pages 385-392, April.
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    Cited by:

    1. Tarja Ketola, 2014. "Rationale, Morals, and Needs Pyramid for Corporate Responsibility Development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(4), pages 228-239, July.
    2. Denise M. Jepsen & Suzanne Grob, 2015. "Sustainability in Recruitment and Selection: Building a Framework of Practices," Journal of Education for Sustainable Development, , vol. 9(2), pages 160-178, September.

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