Tenacity: The American Pursuit of Corporate Responsibility

DOIhttp://doi.org/10.1111/basr.12022
Published date01 December 2013
Date01 December 2013
Tenacity: The American
Pursuit of Corporate
Responsibility
KENNETH E. GOODPASTER
ABSTRACT
This article attempts to answer the question, “What are the
most important ideas from serving as Executive Editor of the
f‌ive-year history project that culminated in the book, Corpo-
rate Responsibility: The American Experience?” The ideas
focus on (1) clarifying the phenomenon of tenacity; (2) looking
at three foundations of our tenacity; and (3) asking “How
fragile is our tenacity?” This article also presents three foun-
dational principles that underlie the American experience of
corporate responsibility. First, the Checks & Balances Prin-
ciple tells us that there are checks and balances in democratic
capitalism which give us conf‌idence that the pursuit of eco-
nomic goals will be moderated for the common good. Second,
the Moral Projection Principle shows that there is good reason
to consider the corporation not only as a legal person under
corporate law but also as a moral person. And, last, the Moral
Common Ground Principle ref‌lects that there are shared
moral values ascertainable by well-developed consciences in
individuals and in corporations. The article concludes with
this argument: The tenacity regarding corporate responsibil-
ity that has been so characteristic of American capitalism is
fragile—calling for serious vigilance if it is to endure.
Kenneth E. Goodpaster is Professor and Holder of the Koch Endowed Chair in Business
Ethics, Opus College of Business, University of St. Thomas, Minnesota. In February, 2013, he
was the Verizon Visiting Professor in Business Ethics, Bentley University, Waltham, MA.
E-mail: kegoodpaster@stthomas.edu.
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Business and Society Review 118:4 577–605
© 2013 Center for Business Ethics at Bentley University. Published by Wiley Periodicals, Inc.,
350 Main Street, Malden, MA 02148, USA, and 9600 Garsington Road, Oxford OX4 2DQ, UK.
This article takes its inspiration from a f‌ive-year project on the
history of corporate responsibility in the United States that I was
privileged to lead as Executive Editor. My distinguished colleagues
and the principal authors of this history were Professor Archie
Carroll of the University of Georgia, Professor Kenneth Lipartito of
Florida International University, Professor James Post of Boston
University, and Professor Patricia Werhane of the University of
Virginia and DePaul University. This work was recently published
by Cambridge University Press under the title Corporate Respon-
sibility: The American Experience. I should also mention that this
project was made possible by a generous grant to the University
of St. Thomas from the Halloran Philanthropies in Philadelphia,
Pennsylvania1(see Figure 1).
What this history project offered to all of us who participated
in it was a degree of perspective on the subject of corporate
responsibility that I doubt any of us could have claimed at the
outset of the work.2I have been asked on numerous occasions,
“What’s the most important idea—your biggest ‘take-away’—from
FIGURE 1 Cover of Corporate Responsibility: The American
Experience.
578 BUSINESS AND SOCIETY REVIEW

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