A framework for a Catholic Stakeholder core

Abstract

Despite extensive connections to ethics and philosophy, the literature on stakeholder theory has largely avoided direct linkages to religion and spirituality. At the same time, Catholic Social Teaching and other religious traditions have ignored any meaningful discussion of stakeholder theory. This paper connects the stakeholder literature and religion by presenting a framework that specifies macro-level core Catholic Social Teaching tenets and the normative business obligations derived from this doctrine. These obligations ground Catholic Stakeholder Thinking which represents the attendant meso-level responsibilities of managers and firms, as well as the priority rules for resolving stakeholder conflicts. The resulting articulation of Catholic doctrine to business expands not only the normative depth of stakeholder theory, but also the practicality and relevance of Catholic Social Teaching. Through their interactions with various stakeholders, firms and managers are encouraged to pursue the common good and integral human development in solidarity with the poor within their value chains.

The Christian Body at Work

“…Daniels et al 2012, Dyck & Schroeder 2005, Dyck & Wiebe 2012, Miller 2015, Mutch 2012, Sørensen et al 2012). 9 Additionally, fsw is also addressed in relation to a variety of themes and theoretical conceptions, such as attachment theory (Mitroff, Denton & Alpaslan 2009), corporate social responsibility (Van Aken & Buchner 2020), diversity research (Gebert et al 2014, Hicks 2002, human resource development (Fenwick & Lange 1998), identity research (Gebert et al 2014, Ramarajan & Reid 2013, institutional theory (Almond 2014, Gümüsay, Smets & Morris 2020, managerial law (Benefiel, Fry, and Geigle 2014, Cash & Gray 2000, Miller & Ewest 2015, Morgan 2005, normative stakeholder theory (Carrascoso 2014, Ray et al 2014, organizational development and transformation (Benefiel 2005, Dehler & Welsh 1994, religious education ( Van Buren 1998), and sensemaking (Long & Helms Mills 2010, McKee, Helms Mills & Driscoll 2008, Scheitle & Adamcyk 2016. In sum, fsw appears as a multidisciplinary field of study which has so far attracted con-tributions from various academic disciplines and prompted lively and diverse theoretical engagement.…”

Higher education, stakeholder interface and teacher formation for church schools

“…In outlining some core underlying concepts from stakeholder theory, it is important to state that this way of thinking has been largely missing from the discourse concerning religion and spirituality (Carrascoso, 2014). However, limited examples can be referenced.…”

“…Carrascoso (2014) develops the notion of stakeholder normative core in connection with the core tenets of Catholic social teaching, such as options for the common good, human development, and solidarity with the poor, to reframe them as norms to be applied by associated organizations and individuals. What is significant in his approach, which is primarily still aimed at a business readership, is the broadening of aspects of stakeholder theory into the religious domain.…”

Employer-Employee Relationships in Islam: A Normative View from the Perspective of Orthodox Islamic Scholars

“…Regardless of the fact that a Fatwa is a not binding opinion of the Mufti, it is observed by anthropologists to have higher impact than an order passed by court of Law on a matter (Agrama, 2010;Messick, 1986). Furthermore, contemporary research on different fields including business, medicine, sociology, technology diffusion, food and pharmaceutical industry also confirm great influence of Muftis on the lives of Muslims (Al-Kandari & Dashti;2014;Halim et al, 2014;Hanzaee & Ramezani, 2011;Nathan Garas & Pierce, 2010;Assyaukanie, 2009;Nasution, 2009;Alkuraya & Kilani, 2001;DeLorenzo, 2000).…”

“…While a section of these studies investigated the influence and role of general religious beliefs on the practices of individuals in workplace settings, other studies tried to understand normative teachings of different religions regarding workplace related issues and investigated the impact of these teachings on the lives of the followers (e.g., Cui et al, 2015;Parboteeah et al, 2015;Carrascoso, 2014;Findley et al, 2014;Martin & Bateman, 2014;Ray et al, 2014;Suki et al, 2014;Cleveland et al, 2013;Wilson & Hollensen, 2013;Ismaeel & Blaim, 2012;Shu et al, 2012;Uygur, 2009;Brammer et al, 2007;Essoo & Dibb, 2004;Weaver & Agle, 2002;Vogel, 2001;Porter, 1998;Dorff, 1997). One prominent section of these studies consists of work carried out to understand the normative teachings of Islam and to understand the importance and influence of these teachings on the behavior of Muslims (e.g., Jusoh et al, 2015;Basah & Yusuf, 2013;William & Zinkin, 2010;Dusuki, 2008;Dusuki & Abdullah, 2007;Farook, 2007;Beekun & Badawi, 2005).…”