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Journal of Business Ethics

, Volume 15, Issue 12, pp 1355–1363 | Cite as

A resource-based-view of the socially responsible firm: Stakeholder interdependence, ethical awareness, and issue responsiveness as strategic assets

  • Reginald A. Litz
Article

Abstract

In recent years the resource-based view of the firm has made significant headway in explaining differences in interfirm performance. However, this perspective has not considered the social and ethical dimensions of organizational resources. This paper seeks to provide such an integration. Using Kuhn's three stage model of adaptive behavior, the resource worthiness of stakeholder management, business ethics, and issues management are explored. The paper concludes by drawing on prospect theory to understand the reasons for this conceptual lacuna.

Keywords

Economic Growth Business Ethic Adaptive Behavior Issue Management Prospect Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1996

Authors and Affiliations

  • Reginald A. Litz
    • 1
  1. 1.Faculty of ManagementUniversity of ManitobaWinnipegCanada

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