Stakeholder Risk Management in Ethical Decision Making


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Stakeholder Risk Management in Ethical Decision Making

Show simple item record Lauesen, Linne Marie 2013-01-29 2013-06-20T14:01:50Z 2013-06-20T14:01:50Z 2013-06-20
dc.description.abstract Stakeholder management has for the last three decades been concerned either with strategic business management or business ethics, values and quality. Many models have been developed, but recently the literature asks for more dynamic models instead of the staticism that characterizes some models. This paper offers an ‘Organic Stakeholder Model’ based on decision making theory, risk assessment and adaption to a rapidly changing world combined with appropriate stakeholder theory for ethical purposes in decision making processes in businesses. The ‘Organic Stakeholder Model’ is based on empirical evidence from hybrid organizations as Publicly Owned Enterprises (POEs) mixed of private corporations and political administration. The model offers a new way of combining risk management with ethical decisionmaking processes by the inclusion of multiple stakeholders. Not only does the model apply to these kinds of hybrid organizations, but it is easily adopted and tested for other private business models too. The findings and the conceptualization of the model enhances business ethics in decision making by managing and balancing stakeholder concerns with the same concerns as the traditional risk management models does – for the sake of the wider social responsibilities of the businesses and its stakeholders. en_US
dc.format.extent 42 en_US
dc.language eng en_US
dc.subject.other Stakeholder Management en_US
dc.subject.other Organic Systems en_US
dc.subject.other Business Ethics en_US
dc.subject.other Decision Making en_US
dc.subject.other ‘Time’ / ’Cost’-variables en_US
dc.title Stakeholder Risk Management in Ethical Decision Making en_US
dc.type cp en_US
dc.accessionstatus modt13jun20 lbjl en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Interkulturel Kommunikation og Ledelse en_US
dc.contributor.departmentshort IKL en_US
dc.contributor.departmentuk Department of Intercultural Communication and Management en_US
dc.contributor.departmentukshort ICM en_US
dc.description.notes Paper presented at The 11th International Conference on Corporate Social Responsibility. Maj. 08-10, 2012 Lathi, Finland en_US Frederiksberg en_US
dc.publisher.year 2012 en_US
dc.title.subtitle an Organic Model en_US

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