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The Corporation as Social ContractM. KapteinErasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) Johan WempeErasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) 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 working papers seriesDate posted: October 7, 2011Suggested CitationContact Information
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