Ethics in business: a perspective from stakeholders theory
DOI:
https://doi.org/10.18041/2382-3240/saber.2020v15n2.6726Keywords:
CSR, business, stakeholders, EthicsAbstract
The objective of this article is to show how ethics has been incorporated into stakeholder theory, contributing constructive elements to the way business is done today. The results are structured into two sections. Initially, we form a conceptual analysis of the stakeholders and the usefulness of their theoretical commitment; then we focus on the definition of the contributions made by business ethics to such a theory. The analysis carried out was based on the review applied to the publications consigned in the Scopus database, taking into account the keywords “business ethic” and “stakeholders”. Among the articles found, only those that included the criteria “business, management and accounting” and “economics, econometrics, and finance” were considered. We prioritized based on the number of publications produced by the main authors and the number of citations they have in the database. The review concludes that in stakeholder theory the concept of ethics based on trust and cooperation that must exist between the company or business and the stakeholders is fundamental, as well as the responsibility of management to recognize who the latter are and what they can do for them from their business practices
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