Multi-Level Corporate Responsibility: A Comparison of Gandhi’s Trusteeship with Stakeholder and Stewardship Frameworks

Mohandas Karamchand “Mahatma” Gandhi discussed corporate responsibility (CR) and business ethics over several decades of the twentieth century. His views are still influential in modern India. In this paper, we highlight Gandhi’s cross-level CR framework, which operates at institutional, organizatio...

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VerfasserInnen: Balakrishnan, Jaydeep (VerfasserIn) ; Malhotra, Ayesha (VerfasserIn) ; Falkenberg, Loren (VerfasserIn)
Medienart: Elektronisch Aufsatz
Sprache:Englisch
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Veröffentlicht: Springer Science + Business Media B. V 2017
In: Journal of business ethics
Jahr: 2017, Band: 141, Heft: 1, Seiten: 133-150
weitere Schlagwörter:B Corporate Responsibility
B Gandhi
B Stakeholder Theory
B Stewardship theory
B Trusteeship
B Corporate social responsibility (CSR)
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Zusammenfassung:Mohandas Karamchand “Mahatma” Gandhi discussed corporate responsibility (CR) and business ethics over several decades of the twentieth century. His views are still influential in modern India. In this paper, we highlight Gandhi’s cross-level CR framework, which operates at institutional, organizational, and individual levels. We also outline how the Tata Group, one of India’s largest conglomerates, has historically applied and continues to utilize Gandhi’s concept of trusteeship. We then compare Gandhi’s framework to modern notions of stakeholder and stewardship management. We conclude that trusteeship has strong potential to help firms and their stakeholders achieve shared value by (a) considering the interactions between individual, organizational, and institutional factors, and (b) paying attention to a range of multi-level (reciprocal) stakeholder obligations.
ISSN:1573-0697
Enthält:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-015-2687-0