Anne Lawrence - Business and Society: Stakeholders, Ethics, Public Policy

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Business and Society

Stakeholders, Ethics, Public Policy

Seventeenth Edition

Anne T. Lawrence

San Jos State University

James Weber

Duquesne University

Vanessa D. Hill

University of Louisiana at Lafayette

David M. Wasieleski

Duquesne University

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BUSINESS AND SOCIETY

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ISBN 978-1-265-07924-6

MHID 1-265-07924-2

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About the Authors

Anne T. Lawrence San Jos State University

Anne T. Lawrence is professor of management emerita at San Jos State University. She holds a PhD from the University of California, Berkeley, and completed two years of postdoctoral study at Stanford University. Her articles, cases, and reviews have appeared in many journals, including the Academy of Management Review, Case Research Journal, Business & Society, Journal of Management Education, California Management Review, Business and Society Review, Research in Corporate Social Performance and Policy, and Journal of Corporate Citizenship. Her cases in business and society have been reprinted in many textbooks and anthologies. She served as guest editor of the Case Research Journal. She served as president of the North American Case Research Association (NACRA) and is a Fellow of NACRA, from which she received a Distinguished Contributor Award in 2014. She received the Curtis E. Tate Award for Outstanding Case of the Year (1998, 2009, and 2015). At San Jos State University, she was named Outstanding Professor of the Year in 2005. In 2015, she received a Master Teacher in Ethics Award from The Wheatley Institution at Brigham Young University. She founded and currently serves as chair of the board of the Case Research Foundation.

James Weber Duquesne University

James Weber is the Rev. Martin Hehir, C. S. Sp. Endowed Chair in Scholarly Excellence and a professor of management and business ethics at Duquesne University, where he also serves as the managing director of the Albert P. Viragh Institute for Ethics in Business. He holds a PhD from the University of Pittsburgh and has taught at the University of San Francisco, University of Pittsburgh, and Marquette University. His areas of interest and research include personal, managerial, and organizational values and cognitive moral reasoning. His work has appeared in Organization Science, Human Relations, Business & Society, Journal of Business Ethics, and Business Ethics Quarterly. He received the SIM Sumner Marcus Award for lifetime contribution to the Social Issues in Management division of the Academy of Management in 2013. He was recognized by the Social Issues in Management division with the Best Paper Award in 1989 and 1994 and received the Best Article Award from the International Association for Business and Society (IABS) in 1998. He has served as division chair of the Social Issues in Management division of the Academy of Management. He has also served as president of the IABS and is currently president of the IABS Fellows.

Vanessa D. Hill University of Louisiana at Lafayette

Vanessa D. Hill is an associate professor of management at the B.I. Moody III College of Business Administration, University of Louisiana at Lafayette. She earned her PhD from Carnegie Mellon University and has taught at the University of Arizona and Winthrop University. She holds two professional certifications in Human Resource Management: the Senior Certified Professional (SHRM-SCP) by the Society of Human Resource Management and the Senior Professional in Human Resources (SPHR) by the Human Resource Certification Institute. Her research interests include corporate social responsibility, business ethics, leadership, and workplace values. Her work has been published in several journals including Business and Society Review, Journal of Business Ethics, Journal of Management page iv History, and Journal of Management Inquiry. She is an associate editor for Business and Society Review and serves on the editorial review boards for the journals Business & Society and The Journal of Business Ethics. She served as president of the International Association of Business and Society (IABS) and was inducted as an IABS Fellow in 2018.

David M. Wasieleski Duquesne University

David M. Wasieleski (PhD, University of Pittsburgh) is the Albert P. Viragh Professor of Business Ethics in the Palumbo-Donahue School of Business at Duquesne University and executive director of the Albert P. Viragh Institute for Ethics in Business at Duquesne. David also is an affiliate research professor at the ICN Business School in Nancy, France. His academic research focuses on natural science approaches to understanding ethical decision-making and the formation of social contracts within organizational contexts. He also studies the effects of cognitive biases and moral intensity on perceptions of ethical issues. His work has been published in Business & Society, Business Ethics Quarterly, Organization & Environment, Journal of Applied and Behavioral Sciences, and the Journal of Business Ethics. At Duquesne, he teaches business ethics, organizational behavior, management, and sustainability. Currently, he is editor-in-chief of Business and Society Review. He served as chair of the Social Issues in Management division of the Academy of Management and current serves as president of the U.S. chapter of the International Humanistic Management Association.

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Preface

In a world economy that is becoming increasingly integrated and interdependent, the relationship between business and society is becoming ever more complex. The globalization of business, the emergence of civil society organizations in many nations, and rapidly changing government regulations and international agreements have significantly altered the job of managers and the nature of strategic decision-making within the firm.

At no time has business faced greater public scrutiny or more urgent demands to act in an ethical and socially responsible manner than at the present. Consider the following: