Stakeholder theory is used for many purposes in a wide array of disciplines. It was intended to serve as a strategic management tool for business and society relationships in a capitalist system. While it has broad scholarly appeal, it is still somewhat controversial and is considered to be...

In this article, we review some recent attempts to develop conceptual and empirical linkages between business ethics and firm performance. We also briefly critique attempts to conceptualize business ethics as a performance-related issue for strategic leaders. Finally, we conclude by offering a...