Abstract

http://ssrn.com/abstract=1940396
 


 



The Corporation as Social Contract


Muel Kaptein


Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM)

Johan F. Wempe


VU University Amsterdam - Faculty of Economics and Business Administration

October 7, 2011


Abstract:     
In this paper, we argue that the different relationships of corporations can be understood as contractual relationships. The aim of the contract is to do justice to the claims of all parties, including that of the corporation. This renders the notion of a contract eminently suitable as a conceptual model for formulating the moral standards appropriate to the corporate context.

Number of Pages in PDF File: 28

Keywords: ethics, integrity, social contract, corporate social responsibility

JEL Classification: D10, M14


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Date posted: October 7, 2011  

Suggested Citation

Kaptein, Muel and Wempe, Johan F., The Corporation as Social Contract (October 7, 2011). Available at SSRN: http://ssrn.com/abstract=1940396 or http://dx.doi.org/10.2139/ssrn.1940396

Contact Information

Muel Kaptein (Contact Author)
Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) ( email )
P.O. Box 1738
Room T08-21
3000 DR Rotterdam, 3000 DR
Netherlands
+31 10 408 1923 (Phone)
Johan F. Wempe
VU University Amsterdam - Faculty of Economics and Business Administration ( email )
De Boelelaan 1105
Amsterdam, 1081HV
Netherlands
+31630380081 (Phone)
Feedback to SSRN


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