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Responsibility in World Business:
Managing Harmful Side-effects of Corporate Activity
Edited by: Lene Bomann-Larsen and Oddny Wiggen |
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Description
How should companies deal with the harmful side-effects of their business operations? To what extent should they be held responsible for the wrongdoing of other actors? And how can they conduct business in a responsible manner in countries where human rights abuses are widespread, or where the environment is being degraded?
These are crucial issues within the current debate on corporate responsibility and they represent the most substantial challenges confronting the business community today.
This book offers an approach to corporate decision-making based on the principles of Just War Theory, primarily the Principle of Double Effect (PDE). The proposed normative framework can be used both as a tool for performance evaluation, and as a set of guidelines for conducting business in an ethically responsible manner.
Multiple case studies illustrate the usefulness of incorporating the Principle of Double Effect into corporate decision-making, and show how the proposed framework can help companies assume responsibility for the impact of their operations on multiple stakeholders.
Editors
Lene Bomann-Larsen is a former Research Fellow at the International Peace Research Institute, Oslo, and currently a Research Fellow at the Department of Philosophy, University of Oslo.
Oddny Wiggen is a former Academic Programme Associate in the Peace and Governance Programme of the United Nations University, Tokyo.
Contents
Part I: Introduction: Addressing side-effect harm in the business context: Conceptual and practical challenges
Part III: Case-studies: The principle of double effect and moral risk: Some case-studies of US transnational corporations
Part IV: Conclusion: Towards improved business practice: Implementing the principle of double effect
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