The Civil Corporation Simon Zadek (2001)
DOI link for The Civil Corporation Simon Zadek (2001)
The Civil Corporation Simon Zadek (2001) book
Zadek notes that, in the last few years, many more examples of second-generation corporate responsibility have appeared. This also reflects a shift from intensive to extensive accountability, i.e. from accountability to a narrow group of stakeholders such as shareholders, to accountability to a broader set of stakeholders. This leads to the idea of a third-generation corporation, where ‘business becomes active in promoting and institutionalizing new governance frameworks that effectively secure civil market behaviour, globally’.