Sustainability by Corporate Citizenship: The Moral Dimension of Sustainability
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In: The Journal of Corporate Citizenship, Vol. 2008, No. 31, 11.2008, p. 45-57.
Research output: Journal contributions › Journal articles › Research › peer-review
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RIS
TY - JOUR
T1 - Sustainability by Corporate Citizenship
T2 - The Moral Dimension of Sustainability
AU - Beckmann, Markus
AU - Pies, Ingo
PY - 2008/11
Y1 - 2008/11
N2 - Although the sustainability debate has already brought about considerable concep- tual progress, a pivotal dimension to sustainable development has so far been widely neglected. This article argues that, in addition to the ecological, economic and social dimension, sustainable development critically hinges on the moral dimension of institutional legitimacy. Institutional legitimacy is a moral dimension because it reflects the moral quality that people attribute to institutional arrangements needed to implement sustainability. Only if people can perceive these ‘rules of the game’ as fair, legitimate and mutually advantageous will they be willing to take them seriously, accept them and abide by them. As conventional mechanisms for creating and legitimising institutions are increasingly challenged, new governance mechanisms become increasingly important. Companies participate in these processes as corporate citizens: to the extent that they learn to carry ordo-responsibility for a fair and adequate institutional order, they contribute to empowering sustainability by corporate citizenship.
AB - Although the sustainability debate has already brought about considerable concep- tual progress, a pivotal dimension to sustainable development has so far been widely neglected. This article argues that, in addition to the ecological, economic and social dimension, sustainable development critically hinges on the moral dimension of institutional legitimacy. Institutional legitimacy is a moral dimension because it reflects the moral quality that people attribute to institutional arrangements needed to implement sustainability. Only if people can perceive these ‘rules of the game’ as fair, legitimate and mutually advantageous will they be willing to take them seriously, accept them and abide by them. As conventional mechanisms for creating and legitimising institutions are increasingly challenged, new governance mechanisms become increasingly important. Companies participate in these processes as corporate citizens: to the extent that they learn to carry ordo-responsibility for a fair and adequate institutional order, they contribute to empowering sustainability by corporate citizenship.
KW - Sustainability sciences, Management & Economics
KW - Corporate citizenship
KW - Economic ethics
KW - Global governance
KW - Institutions
KW - Legitimacy
KW - Ordoresponsibility
KW - Sustainability
KW - Sustainability
KW - Moral Dimension
KW - Corporate Citizenship
M3 - Journal articles
VL - 2008
SP - 45
EP - 57
JO - The Journal of Corporate Citizenship
JF - The Journal of Corporate Citizenship
SN - 1470-5001
IS - 31
ER -