Towards a reconception of business
This ongoing pandemic has highlighted the errors of the functioning of our economic system, particularly shedding light on the various inequalities.
Sarah Stephen
Lecturer in Strategy and Business Ethics at the University of Liverpool, United Kingdom. She holds a PhD in Economics, specialising in Management, from the University of Lausanne, Switzerland. Her research focuses on the intersection of society, the environment, and organizations, particularly in relation to environmental responsibility, ESG and responsible investing, climate action, and ethical decision-making.
Will a Global Pandemic and Recession Hit the Reset Button for Corporate Governance and Business/Stakeholder Relationships?
Will a global pandemic and recession push businesses to hit the reset button in their business/stakeholder relationships?
“Is our product healthy or not ?”: How companies navigate changing values and norms
ur case study focused on the food industry and how it adapts its products to the changing definition of the value ‘health’. What is considered a "healthy" food product changes over time due to new scientific insights, new consumption habits, and changes in food production and sales.
Business and Society Research in Times of the Corona Crisis
Given the unprecedented and unique nature of this context, each of these issues– the nature of problems at the intersection of business and society, the differential effects of crises on individuals, businesses, and societies, and their varied understandings and responses – contain in them a range of theoretical puzzles and research questions.
The Revolving Doors of Washington and the Sliding Doors of Brussels
Our paper opens up the “black box” of the government affairs practices conducted by companies in Brussels and draws a comparison between the practices there and those in Washington D.C. We find that, although companies in both sites use similar resources, the daily management practices vary a lot.
How did corporations spread CSR from the U.S. to the rest of the world?
Why do firms adopt Corporate Social Responsibility (CSR) practices? How does CSR spread across the globe?
Are corporate saints more credible?
If companies make economic and social reasons for their sustainable investments known, they run the risk of their legitimacy being called into question. Our study shows that when individuals assume that a company’s sustainable investments are strategically motivated and driven by economic interests, they will assess companies’ credibility and legitimacy negatively.
Investors and CEOs be aware! A firm’s true value can be communicated to the market in a multitude of ways
The market rewards firms that engage in political activity, with significantly better performance on the day of their IPO
Scandals as catalysers for activism
We conceptualise how scandals act as turning points, enabling forms of contestation that would not be otherwise possible.
Stakeholder Theory Just Keeps Getting More and More Important
There is a lot more work to be done in refining what stakeholder theory is, what it does, and what it doesn’t do. They are also evidence of the increasing importance of the stakeholder approach to management – firms that don’t get on board now are going to be left behind.
