Search: Stakeholder Trust (3 materials)

Improving Ethical Culture by Measuring Stakeholder Trust

... culture of a firm has a powerful influence on how that firm interacts with society, and a very powerful effect on how people within that firm interact with each other. Understanding and improving its culture could be very valuable to a business firm. Stakeholder trust might be the most illuminating window into the ethicality of its culture, and measuring stakeholder trust might be the most effective practical method of improving the ethicality of that culture.      We have in previous posts suggested ...

12.04.2017

Stakeholder Trust: a Business Case

... economical is perhaps the smallest part of it, yet even this is incalculable. John Stuart Mill (1848)[1] * * * * * * * * * * * * * * In our first post[2] we proposed a universal business ethics principle: “A basic duty of every organization is to earn stakeholder trust.” Our hypotheses are that 1) while cultures and levels of economic development may vary widely, trust is defined by universally shared attributes, sometimes summarized as “character” and “competence”; 2) ...

06.08.2015

Stakeholder Trust: A Proposal For A Global Business Ethics Principle

... a formidable and contentious discussion among business leaders and academics. While acknowledging all of the contentiousness, we now offer a proposal for a unifying global business ethics principle: A basic duty of every organization is to earn stakeholder trust. This principle is meant to replace a more familiar but flawed imperative: that the basic duty of each business leader is to “maximize shareholder value.” [2] Such a duty has never been explicitly written into corporate ...

25.12.2014

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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