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Stakeholder capitalism has been proposed as an alternative way of thinking about business purpose and value creation. However, stakeholder capitalism can only work as an alternative model of business if all stakeholders and their interests are visible to and taken seriously by managers. The purpose of this paper is to untangle the challenges that invisible, marginalized and powerless stakeholders pose for theorizing about stakeholder capitalism.

This paper is conceptual. The authors first briefly outline the promise of stakeholder capitalism for addressing pressing questions about value creation and stakeholder welfare. The authors then conceptualize stakeholder invisibility as the outcome of a particular stakeholder being both powerless and marginal through the prism of moral intensity theory and one of its elements: proximity. This study discusses the ways in which managers can make invisible stakeholders more visible in their decision-making.

For managers truly to manage for stakeholders, as anticipated by stakeholder capitalism, all stakeholders and stakeholder interests must be visible to them. This study analyzes why sometimes they are not, how they can be made more visible and why stakeholder visibility matters for stakeholder capitalism. This study proffers three principles for business practice: ethical commitments to reduce stakeholder invisibility, analyses of business strategies to surface the contributions of marginalized and invisible stakeholders and taking rights seriously.

This study provides a new perspective on stakeholder capitalism by linking the challenge in operationalizing it to the problems of stakeholder invisibility and marginality.

The purpose of this paper is to advance a conceptualization of sustainable HRM that builds on scholarship focusing on the pluralistic nature of human resource management. The paper seeks to advance the promise of sustainable HRM as an alternative to HRM scholarship that adopts a unitarist frame of reference.

The paper draws on a variety of HRM-related literatures to offer new insights about what a pluralist perspective on sustainable HRM from the perspective of employees would look like and what it would accomplish, and in so doing allow sustainable HRM to become socially sustainable.

Taking a pluralistic perspective is essential for making the concept of sustainable HRM more distinct and robust. Sustainable HRM can offer a challenge to the dominant unitarist perspective on the employment relationship, focusing the attention of researchers on the extent to which employment practices benefit both employers and employees while contributing to social sustainability outside of the employment context.

This paper adds analyses of pluralism and unitarism to the current literature on sustainable HRM while also focusing attention on how sustainable HRM might be more robustly conceptualized and also more normative in its orientation.

The purpose of this study is to explore how business-only corporate responsibility coalitions (CRCs) help member firms manage sustainability issues.

This conceptual analysis of business-only CRCs, using the literature on sensemaking and social issues management, explores how participation in CRCs enhances firms’ capabilities for sustainability issues management by improving their sensemaking competencies, abilities to choose and adapt issue responses and efficiency in implementing issue responses through better issue response mechanisms.

Business-only CRCs help firms with high as well as low levels of sustainability orientation better manage sustainability issues by carrying out the exploratory aspects of issues management: scanning, identifying and evaluating issues and proposing responses to issues.

The widely applicable, nonbinding and scripted responses proposed by CRCs allow participating firms a high degree of autonomy to choose and adapt their responses. However, firms must approach their CRC memberships with collaborative intent and high transparency to achieve these benefits.

Participation in CRCs can help scale up firms’ responses to sustainability issues through more efficient issues management processes that allow them to customize issue responses to their needs.

Research on the management of sociopolitical issues can be enriched if these issues are understood as collective, multilevel challenges rather than purely strategic issues faced by individual firms. This study contributes to the business collective action and issues management literatures by emphasizing the importance of collective management of sustainability issues and how it may improve firms’ capabilities for sustainability issues management.

The purpose of the paper is to propose that stakeholder scholarship should take its rightful role in the acknowledgement of stakeholder value production, the enhancement of stakeholder voice and public stakeholder advocacy. Its focus is on low‐wage workers particularly, although the analysis holds for dependent stakeholders generally.

This paper analyses and develops extant stakeholder theory with regard to employer treatment of low‐wage workers. A general point is made about the need for stakeholder research, writing and advocacy to take more explicit normative stances. This is achieved in three stages: by explaining why low‐wage workers are dependent stakeholders; by considering the strengths and weakness of stakeholder theory as an explanatory framework for low‐wage workers; and by identifying how stakeholder theory should be developed in order to provide an explicitly normative account of low‐wage workers that leads to pragmatic action.

Labour and industrial relations scholarship would benefit from the integration of stakeholder language and scholarship, as the stakeholder concept has gained currency and legitimacy among academics in a variety of fields. Stakeholder theory scholarship would benefit from explicit consideration of power, which is common to work in labour and industrial relations scholarship.

Stakeholder theory can benefit from labour and industrial relations scholarship and practice. Likewise, industrial relations can benefit from understanding and integration of the increasingly ubiquitous stakeholder concept. It is believed that the integration of stakeholder theory with insights from labour and industrial relations scholarship helps further work in both fields.

The purpose of this chapter is to examine the proliferation of scientific management and then to consider its effect on business and society. Our examination begins with a brief survey of various management approaches that emerged in the early twentieth century. We focus on Frederick Taylor, the originator of scientific management, as the person with the greatest influence on management scholarship. We assert that the propagation of scientific management in all sectors of business and society is so pervasive that is it ubiquitous, making it exceedingly difficult to consciously detect or question. We examine how core ideas from scientific management have facilitated the dehumanization of stakeholders in management scholarship and practice. We then discuss how dehumanizing tendencies — informed by the hidden ubiquity of scientific management — have permeated research in corporate social responsibility and management theory. We conclude with suggestions for integrating humanity into management theory.

Prevailing explanations of the US secession crisis trace the latter’s origins to slavery and slaveowners’ interests. The central problem with all such explanations, however, is that the Whig Party, the party of the largest slaveowners, opposed secession until the mid-1850s. Why did southern Whigs and their planter base resist secession through the political crisis over slavery only to fold by 1861? Drawing on archival electoral returns by precinct, party newspapers, speeches, and personal correspondence from antebellum Tuscaloosa County, Alabama, I argue for an institutional and sequential approach to the secession crisis that does not take social actors’ individual interests as given, but rather as naturalized and denaturalized in the back and forth struggle of political parties to advance competing solutions to the problem of preserving slavery.

Business collective action (BCA) is often necessary to address sustainability issues, which are generally complex and multi-layered issues that cannot always be properly addressed by individual businesses. Firms participating in BCA for corporate sustainability have access to clearer rules and guidelines for managing sustainability issues, are more efficient in managing multiple stakeholder demands due to enhanced opportunities for learning, benefit from individual and joint reputation management, and are better able to capture weak signals about opportunities and threats in the external environment. Despite these benefits, our understanding of BCA for corporate sustainability is still limited. Most of the existing work in this area has examined different forms of BCA for corporate sustainability – for example, multi-stakeholder initiatives, trade associations, and other forms of business membership organizations – individually. In this chapter, the authors provide an overview of BCA for corporate sustainability. The authors start the chapter by discussing the importance of BCA in general and BCA for corporate sustainability, in particular to research and practice, and its benefits to firms and society. The authors then present a typology of the different forms of BCA for corporate sustainability, discussing their differences and similarities from an issues management perspective. The authors conclude the chapter with a brief discussion of future research in this area.

Megachurches represent an interesting empirical and conceptual phenomenon. Empirically, megachurches (Protestant churches with average weekly attendance of greater than 2,000 members) are growing at a time when overall church participation in the United States is steady or declining. Conceptually, megachurch pastors can be viewed as institutional leaders who attempt to reconcile new technologies and large congregations within a highly institutionalized setting. While many of these megachurches have a denominational affiliation, some do not. In this essay, we describe the literature on megachurches and offer observations about the megachurch as an institution. Drawing from preliminary analysis of a sample of over 1,400 megachurches (identified from the Hartford Institute for Religious Research), we also draw tentative conclusions about the characteristics of the pastors of megachurches, and one growing institutional maintenance practice: writing texts. We propose that examining megachurches can help extend the current research on institutional leadership, institutional work, and institutional support mechanisms.