The use of stakeholder analysis to understand ethical and moral issues in the primary resource sector
Journal of Business Ethics · 1995 · Volume 14 · Issue 8
Abstract
The mineral resources sector is critical to Australia's economic and social well-being. Minerals and energy have a value of $30 billion in export revenues, providing 50 percent of Australia's merchandise exports. The industry is characterized by substantial capital investment and very long lead times for project developments and a very competitive international market. The future direction and location of the industry is inextricably linked to long term exploration activities. The industry is faced with a far more complex set of environments than most. The paper identifies the range of complex issues and the wide variety of players using a stakeholder analysis. By monitoring such interactions, and knowing the objective set of the parties, a guide could be established to define moral and ethical frameworks for each interaction.
Keywords
Lead Time, Project Development, Capital Investment, International Market, Complex Issue
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