Re-theorizing the firm

Nathan, Ganesh

Re-theorizing the firm

Autor:innen

Nathan, Ganesh

Publikationsdatum

07/2012

Sammlung

Institut für Unternehmensführung

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Typ

06 - Präsentation

URI

http://hdl.handle.net/11654/10137

Verlagsort / Veranstaltungsort

Warsaw

Zusammenfassung

This paper attempts to re-theorize the firm from a socio-political perspective to show that a firm is not only an economic, but also a social and a political actor. Given the multiple global crises, our traditional understanding of the purpose of the firm – the maximization of shareholder value – is increasingly being challenged. This paper shows that the purpose of the firm is rooted in our social life, and hence a notion of well-being and social justice gains significance rather than wealth creation to underscore the role of responsible governance for sustainability in many dimensions – economic, social and environmental. It concludes that the purpose of the firm should go beyond profit maximization of shareholders in pursuit of well-being of stakeholders and in deliberating global social justice for a sustainable world order.

Schlagwörter

: re-theorizing the firm, the purpose of the firm, social justice, well-being, stakeholder deliberation, responsible governance

Veranstaltung

ISBEE – International Business in Society of Economics and Ethics – World Congress at Warsaw, Poland

Startdatum der Konferenz

07/2012

Enddatum der Konferenz

07/2012

Sprache

Englisch

Während FHNW Zugehörigkeit erstellt

Ja

Publikationsstatus

Veröffentlicht

Begutachtung

Peer-Review der ganzen Publikation

Zitation

NATHAN, Ganesh, 2012. Re-theorizing the firm. ISBEE – International Business in Society of Economics and Ethics – World Congress at Warsaw, Poland. Warsaw. Juli 2012. Verfügbar unter: http://hdl.handle.net/11654/10137

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