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Handbook of Business Legitimacy

Responsibility, Ethics and Society

Handbook of Business Legitimacy

Jacob Dahl Rendtorff Editor

Handbook of Business Legitimacy Responsibility, Ethics and Society

With 50 Figures and 41 Tables

Editor Jacob Dahl Rendtorff Department of Social Sciences and Business Roskilde University Roskilde, Denmark

ISBN 978-3-030-14621-4 ISBN 978-3-030-14622-1 (eBook) ISBN 978-3-030-14623-8 (print and electronic bundle) https://doi.org/10.1007/978-3-030-14622-1 © Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Foreword

Corporations have an enormous impact on our lives, in multiple ways. Decisions made by business leaders modify our options, our opportunities, and our environment. Often in a positive way, but sometimes negatively. However, unlike governments, these people have not been elected, and they cannot be revoked if a large majority or people dislike their decisions. Although we are, as consumers, employees of even entrepreneurs, not totally powerless, the balance of power between individuals and corporations is not equilibrated. As a consequence, the legitimacy of business in society is an important issue. The topic is not new, but major evolutions related to digitalization, sustainability, and the multiplicity of stakeholders who challenge business activities have made it more complex. As one of the most prolific authors in the fields of business ethics and the philosophy of management, Jacob Dahl Rendtorff has an excellent overview of the complexity of problems related to business legitimacy. For this collective initiative, he has brought together many specialists from all over the world. And yet, we observe a strong Europ