Corporate Malfeseance and Breach of the Social Contract: Living in the Post-Ethical World
University of Canberra
Abstract: Social contract theorists suggest that society at some level is based on the idea that human people surrender freedom for the privilege of participating in society. That participation implicitly requires more than mere minimal compliance with law. Each human person's contribution to society above the legal baseline, permits humans to create a society that is at least tolerable. Corporations as non-human act without regard for these supra-legal obligations which results in society suffering injustice. Corporate participation in society has become increasingly unjust and has done so to the extent that we may speak of living in a post-ethical world.
Keywords: social contract, csr, corporate social responsibility, ethics
JEL Classification: M14
Date posted: August 15, 2005