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Recognition Based upon the Vitality Criterion: A Key to Sustainable Economic Success

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  • Alexander Brink
  • Johannes Eurich

Abstract

Recognition is a basic precondition of participation. This article applies the dimension of recognition to business ethics. A case is made for normative stakeholder management as a voluntary commitment at the level of corporate leadership; this also meets management’s strategic demands. A vitality criterion is offered as a heuristic instrument, suggesting that any operation should be avoided which would violate the legitimate interests of stakeholders. For this reason, the recognition of mutually-conditioned stakeholder claims is understood as the central management idea. Copyright Springer Science+Business Media, Inc. 2006

Suggested Citation

  • Alexander Brink & Johannes Eurich, 2006. "Recognition Based upon the Vitality Criterion: A Key to Sustainable Economic Success," Journal of Business Ethics, Springer, vol. 67(2), pages 155-164, August.
    • Handle: RePEc:kap:jbuset:v:67:y:2006:i:2:p:155-164
    DOI: 10.1007/s10551-006-9020-x
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    References listed on IDEAS

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    1. Homann, Karl, 1995. "Gewinnmaximierung und Kooperation: Eine ordnungsethische Reflexion," Kiel Working Papers 691, Kiel Institute for the World Economy (IfW Kiel).
    2. Freeman, R. Edward, 1994. "The Politics of Stakeholder Theory: Some Future Directions1," Business Ethics Quarterly, Cambridge University Press, vol. 4(4), pages 409-421, October.
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