Introducing legal method when teaching stakeholder theory: Enhancing the understanding of stakeholder expectations in relation to human rights and CSR reporting.

Karin Buhmann

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

Governments are particularly salient stakeholders for business ethics. They act on societal needs and social expectations, and have the political and legal powers to restrict or expand the economic freedoms of business as well as the legitimacy and often urgency to do so. We draw on two examples: the Business & Human Rights regime from a UN Global Compact perspective; and mandatory CSR reporting. Supplying integrated teaching notes and generalising on the examples, we explain how legal method may help students of business ethics, organisation and management – future managers – in their analysis of governments as stakeholders and their interests that drive expectations on firms. With a focus on analysis for responding adequately to stakeholder concerns, this article contributes to the emerging literature recognising the relevance of public regulation for CSR. More specifically, we contribute to the business ethics literature by explaining how legal method complements stakeholder theory for organisational practice.
Original languageEnglish
JournalJournal of Business Ethics Education
Volume12
Issue numberSpecial Issue
ISSN1649-5195
Publication statusPublished - 2015

Bibliographical note

Special Issue "Teaching Business Ethics and Stakeholder Theory"

Keywords

    Cite this

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    Introducing legal method when teaching stakeholder theory : Enhancing the understanding of stakeholder expectations in relation to human rights and CSR reporting. / Buhmann, Karin.

    In: Journal of Business Ethics Education, Vol. 12, No. Special Issue, 2015.

    Research output: Contribution to journalJournal articleResearchpeer-review

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    AB - Governments are particularly salient stakeholders for business ethics. They act on societal needs and social expectations, and have the political and legal powers to restrict or expand the economic freedoms of business as well as the legitimacy and often urgency to do so. We draw on two examples: the Business & Human Rights regime from a UN Global Compact perspective; and mandatory CSR reporting. Supplying integrated teaching notes and generalising on the examples, we explain how legal method may help students of business ethics, organisation and management – future managers – in their analysis of governments as stakeholders and their interests that drive expectations on firms. With a focus on analysis for responding adequately to stakeholder concerns, this article contributes to the emerging literature recognising the relevance of public regulation for CSR. More specifically, we contribute to the business ethics literature by explaining how legal method complements stakeholder theory for organisational practice.

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    KW - UN Global Compact

    KW - Business & Human Rights

    KW - Mandatory CSR trnsparency

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