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On ethical, social and environmental management systems

Author

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  • Argandoña, Antonio

    (IESE Business School)

Abstract

There are three types of solutions to the problems deriving from companies' ethical, social and environmental responsibilities: those based on regulation by an authority or agency; those designed to create market incentives; and those that rely on self-regulation by companies themselves. In the specific field we are concerned with here, regulation has significant costs and drawbacks that make it particularly desirable that companies should set up their own ethical, social and environmental management systems or programmes. The purpose of this article is twofold. On the one hand, it explains how implementing voluntary ethical, social and environmental management systems or programmes may help to develop and sustain ethical behaviour in organizations, overcoming the conflict between compulsory regulation and occasional ethical practices. On the other, it shows what conditions must be met for an ethical management programme to be effective.

Suggested Citation

  • Argandoña, Antonio, 2003. "On ethical, social and environmental management systems," IESE Research Papers D/508, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-0508
    as

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    File URL: http://www.iese.edu/research/pdfs/DI-0508-E.pdf
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    References listed on IDEAS

    as
    1. Robert N. Stavins, 1998. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 69-88, Summer.
    2. Coglianese, Cary & Lazer, David, 2001. "Management-Based Regulation: Using Private-Sector Management to Achieve Public Goals," Working Paper Series rwp01-047, Harvard University, John F. Kennedy School of Government.
    3. Coglianese, Cary & Nash, Jennifer, 2001. "Bolstering Private Environmental Management," Working Paper Series rwp01-011, Harvard University, John F. Kennedy School of Government.
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    Cited by:

    1. Antonio Argandoña & Carlos Moreno & Joan Solà, 2009. "Social Responsibility and Social Security: The Foundation of Caja de Pensiones para la Vejez y de Ahorros," Journal of Business Ethics, Springer, vol. 89(3), pages 319-332, November.
    2. Charles Cho & Dennis Patten & Robin Roberts, 2006. "Corporate Political Strategy: An Examination of the Relation between Political Expenditures, Environmental Performance, and Environmental Disclosure," Journal of Business Ethics, Springer, vol. 67(2), pages 139-154, August.
    3. Argandoña, Antonio, 2010. "Corporate social responsibility in the tourism industry. Some lessons from the Spanish experience," IESE Research Papers D/844, IESE Business School.

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