Shareholder primacy is considered a major impediment to corporate social responsibility. This paper examines the status of the Shareholder Primacy Norm under US and UK law and shows that it is no longer legally enforceable, but remains a powerful social norm among managers, in part because of...

Organizational legitimacy and organizational reputation have similar antecedents, social construction processes, and consequences. Nonetheless, an improved understanding of relationships between legitimacy and reputation requires that differences between the two be specified and clarified. Our...

In this paper we draw on insights from Habermasian deliberative democracy to reshape the discussion around corporate citizenship and present an enhanced concept by focusing on the process of legitimation of corporate actions. In the age of globalization, multinational corporations have expanded...

In view of the growth and economic as well as political and lobbying power of private transnational and other businesses, the inclusion of business in rule-making organised under intergovernmental organisations offer interesting perspectives. Yet the inclusion of business in such rule-making...