Please note PRISM will be upgraded March 27-28 to make the submission process better for you! No new content can be added during this time. We apologize for the inconvenience.
MULTILEVEL CORPORATE RESPONSIBILITY: A COMPARISON OF GANDHI’S TRUSTEESHIP WITH STAKEHOLDER AND STEWARDSHIP FRAMEWORKS
Accessioned
2015-06-23T20:25:55ZAvailable
2015-06-23T20:25:55ZIssued
2015-06Subject
Corporate ResponsibiltyCorporate Social Responsibility (CSR)
Gandhi
Trusteeship
Stakeholder Theory
Stewardship Theory
Multilevel
Business Ethics
Ethical Leadership
Emerging Economies
Metadata
Show full item record
Abstract
Mohandas Karamchand “Mahatma” Gandhi discussed corporate responsibility (CR) and business ethics over several decades of the 20th century. His views are still influential in modern India. In this paper, we highlight Gandhi’s cross-level CR framework, which operates at institutional, organizational, and individual levels. We also outline how the Tata Group, one of India’s largest conglomerates, has historically applied and continues to utilize Gandhi’s concept of trusteeship. We then compare Gandhi’s framework to modern notions of stakeholder and stewardship management. We conclude that trusteeship has strong potential to help firms and their stakeholders achieve shared value by: (a) considering the interactions between individual, organizational, and institutional factors and; (b) paying attention to a range of multi-level (reciprocal) stakeholder obligations.Refereed
YesAuthor's pre-print immediately or Author can archive post-print (ie final draft post-refereeing). Article deposited according to publisher's policy 06/23/2015