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Author:Pajunen, K.
Title:Living in agreement with a contract: the management of moral and viable firm-stakeholder relationships
Journal:Journal of Business Ethics
2006 : OCT, VOL. 68:3 p. 243-258
Index terms:contracts
stakeholders
ethics
strategic management
Language:eng
Abstract:The paper discusses the possible dilemma in the expectations according to which participants have to act in compliance with the agreement and for mutual benefit in a firm-stakeholder relationship based on a contractual commitment. Acting against the agreement at the expence of other party may be beneficial in the individual level within a short time period but is morally non-acceptable. The article provides suggestions and a set of propositions describing how a company and its stakeholders can manage viable and moral relationships.
SCIMA record nr: 263416
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