Corporate Responsibility for Wealth Creation and Human Rights

Georges Enderle's book proposes a new framework for corporate responsibility in the global and pluralistic context, integrating wealth creation and human rights, and critiquing the maximizing shareholder value ideology. It defines the purpose of business enterprises as creating public wealth, encompassing natural, economic, human, and social capital, and emphasizes the importance of collective actors and other-regarding motivations. The book provides ethical guidance for businesses and a strong voice against human right violations.

Format: Paperback / softback
Length: 331 pages
Publication date: 16 February 2023
Publisher: Cambridge University Press

Georges Enderle presents a groundbreaking perspective on corporate responsibility in the global and diverse context. This book introduces a comprehensive framework that combines the principles of wealth creation and human rights, supported by numerous corporate examples, and offers a critical analysis of the maximizing shareholder value ideology. By redefining the purpose of business enterprises as the creation of wealth in a holistic sense, encompassing natural, economic, human, and social capital, while respecting human rights, Enderle emphasizes the fundamental significance of public wealth, which is essential for the establishment of private wealth. This framework also identifies the limitations of market institutions and self-centered motivations by demonstrating that the creation of public wealth necessitates collective action and other-oriented motivations. In alignment with the United Nations' Guiding Principles on Business and Human Rights, this book offers clear ethical guidance for businesses across the globe and serves as a powerful advocate against human rights violations, particularly in repressive and authoritarian regimes and environments characterized by populism and discrimination.

ISBN-13: 9781108823364