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The Market Failures Approach (MFA) is one of the leading theories in contemporary business ethics. It generates a list of ethical obligations for the managers of private firms that states that they should not create or exploit market failures because doing so reduces the efficiency of the...
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Instrumental stakeholder theory seeks to explain how managing stakeholders effectively can yield competitive advantage … for incumbent firms. We extend instrumental stakeholder theory to explain and predict future competition operationalized … stakeholder management performance and the entrepreneurial entries of individuals. Using a combined U.S. dataset from 2003 to 2013 …
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Investors with a pro-social or sustainability agenda increasingly attempt to influence firm managers to adopt socially responsible behavior, either through positive/reward tactics or negative/punishment tactics. This paper considers how investors can use each approach to differentially influence...
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In the management and business ethics literatures, stakeholder engagement has been demonstrated to lead to more ethical … management practices. However, there may be limits on the extent to which stakeholder engagement can, as currently conceptualized …, resolve some of the more difficult ethical challenges faced by managers. In this paper we argue that stakeholder engagement …
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