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Two Approaches to Stakeholder Identification

W. Cappelen, Alexander
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W. Cappelen, Alexander
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Keywords
stakeholder identification
business ethics
relationship approach
rival approach
GE Subjects
Political ethics
Economic ethics
Governance and ethics
Business ethics
Ethics of economic systems
Labour/professional ethics
Technology ethics
Trade ethics
Consumer ethics
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Business Ethics
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n2004v2n2_CAPPELEN.pdf
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http://hdl.handle.net/20.500.12424/184505
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Abstract
The paper presents two fundamentally different ways to approach the identification of stakeholders. The first is the relationship approach. According to this approach, special obligations arise between individuals or groups only if a specific relationship exists between them. The rival approach is the assignment approach. This approach challenges the claim that obligations only arise if a particular relationship exists between the company and a group. It holds that the distribution of responsibilities should be viewed as a set of pragmatic rules derived from general moral considerations. The paper discusses the extent to which these two approaches can justify the main features of the traditional stakeholder model.
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Article
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2004
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With permission of the license/copyright holder
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