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Ethics and Stakeholder Theory

by | reviewed 2023-10-30
Professor Thomas M. Jones is the Chairman of the Management and Organization Department and the Boeing Endowed Professor of Business Administration at the University of Washington in Seattle. He serves as an Academic Advisor with the Business Roundtable Institute for Corporate Ethics.
A screenshot of Professor Thomas Jones's video interview
In this video Professor Thomas M. Jones discusses the overlap between Ethics and Stakeholder Theory. Watch on YouTube

Video transcript - Ethics and Stakeholder Theory

Overlap between ethics and stakeholder theory. Stakeholder theory, as i said before, I believe has to do with... it forces a focus on relatnionshipo and ethics should play, ethics plays a major role in those relationships. Some of those relationships could be judged ethical in some litmus test of 'are these ethical or are they not ethical', but it makes these relationships, the nature of the relationships, ethical issues or an ongoing series of ethical issues that, lets say normative ethics can and should play a major role in how these relationships should be seen and should be conducted, so the overlap is pretty great.

Read more on Stakeholder Theory

Watch Professor Thomas M. Jones discuss whether is an overlap between Ethics and Stakeholder Theory Some critics of Stakeholder Theory say that it creates a paradox. This article explains the stakeholder paradox R. Edward Freeman set the agenda for what is now known as stakeholder theory. In this video R. Edward Freeman explains Stakeholder Theory. The CEO of Cummins explains why she embraces the stakeholder model Watch Ed. Freeman answer the key question What are stakeholders? Watch Professor Thomas M. Jones explain What's next for Stakeholder Theory