Dialogue and Universalism

Volume 34, Issue 1, 2024

Ethics in Business

Paul Nnodim
Pages 63-81

Corporate Ethos and Justice as Fairness
Aligning CRS with Rawlsian Principles

This paper explores the integration of John Rawls’s (1921–2002) theory of “justice as fairness” into corporate social responsibility (CSR). It accentuates the shift from solely focusing on profit maximization to a model that prioritizes ethical governance and sustainable development. The paper reinterprets Rawls’s theory for corporate ethics and governance, asserting that businesses have a moral obligation to uphold fairness and equity beyond mere compliance or public perception. It acknowledges the role of the government in this integration. It recognizes the challenges in aligning Rawlsian principles with corporate objectives while balancing economic and societal obligations. The fusion of CSR with Rawlsian ideas can potentially bring transformative impacts to businesses, paving the way for a more equitable form of capitalism that combines economic goals with a strong commitment to social justice and ethical practices.