This paper explores the potential for stakeholder theory to illuminate what F.A. Hayek called "the knowledge problem", pertaining to how a society manages to utilize "knowledge not given to anyone in its totality". According to Hayek, this problem is addressed by the price system, which induces...

Purpose: The purpose of this paper is to deepen the understanding of adaptive governance, which is advocated for as a manner to deal with dramatic changes in society and/or environment. To re-think the possible contributions of organizations and organization theory, to adaptive governance....

This paper presents a framework for analysing the different ways in which materiality impacts environmental policy and governance. It draws on notions from the wider literature on materiality and integrates relevant insights into a theory on policy and governance. Building on a key distinction...

Advocates of stakeholder theory have long known that grasping its key insights requires a specific worldview that is, unfortunately, still not prevalent within the community of strategic management scholars. We argue that this worldview encompasses a process ontology that is radically different...

In the current landscape of management and business ethics scholarship, a prominent type of dissimulation is exemplified by corporate hypocrisy. The concept of corporate hypocrisy brings traditional morality to bear on the institutions of the modern society and thereby emphasizes the contested...

Background: The uptake of green public procurement in the Czech Republic is known to lag behind the European standards. We trace this condition back to the adverse effects of a specific type of decision-making trade-off faced by the Czech public procurement officials, namely the trade-off...

In a recent contribution to this journal, Deng et al. (2021) draw on an extensive range of theoretical and empirical literature to make the case for the tendency of social capital resources of agricultural cooperatives in the Western world to decline over time. The present paper revisits this...

Purpose: The stakeholder theory encompasses instrumental and normative varieties whose mutual relationship remains unclear and exhibits a classic tension between rational self-interest and moral motivation. The purpose of this paper is to develop a strategy for navigating this tension....

Purpose: This paper aims to probe the limits of the empirical-normative divide as a conceptual framework in business ethics. Design/methodology/approach: A systems theory perspective debunks this divide as a false distinction that cannot do justice to the conceptual complexity of the field of...