Towards Re-theorizing the Firm in Pursuit of Well-Being and Social Justice

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Autor:innen
Autor:in (Körperschaft)
Publikationsdatum
2016
Typ der Arbeit
Studiengang
Typ
04A - Beitrag Sammelband
Herausgeber:innen
Coutinho de Arruda, Maria Cecilia
Rok, Bloeslaw
Herausgeber:in (Körperschaft)
Betreuer:in
Übergeordnetes Werk
Understanding Ethics and Responsibilities in a Globalizing World
Themenheft
DOI der Originalpublikation
Reihe / Serie
The International Society of Business, Economics, and Ethics Book Series
Reihennummer
5
Jahrgang / Band
Ausgabe / Nummer
Seiten / Dauer
147-167
Patentnummer
Verlag / Herausgebende Institution
Springer
Verlagsort / Veranstaltungsort
Auflage
Version
Programmiersprache
Abtretungsempfänger:in
Praxispartner:in/Auftraggeber:in
Zusammenfassung
The recent global financial and economic crisis has prompted calls for more regulation of corporations, even a sort of nationalized capitalism. Moreover, increasing awareness and evidence of climate change caused by human activities also demand eco-sensitive regulation and international protocols. Both these concerns, together with the still ubiquitous poverty in our post-modern society, are challenging the sustainability of global capitalism in pursuit of wealth creation and profit maximization, and questioning the activities and behavior of firms in terms of responsibility, accountability, and the role of leadership. However, opponents of overregulation fear that it may lead to nationalism and protectionism and therefore stunt the innovation, free market enterprise, and competition that are conducive to economic prosperity. Moreover, they claim that overregulation imposes a huge cost of compliance on the state and ultimately on society. Against this background, this chapter attempts to show that we should rethink the purpose of the firm, not only from an economic perspective but also from a sociopolitical perspective to re-theorize the firm for responsible governance. Although the quest to rethink the purpose of the firm and capitalism is not new (see O’Toole and Vogel 2011), this paper attempts to provide some plausible arguments from an interdisciplinary approach to rethink the purpose of the firm and the implications of re-theorizing the firm.
Schlagwörter
Re-theorizing the firm, sustainability, corporate social responsibility, responsible governance
Fachgebiet (DDC)
Projekt
Veranstaltung
Startdatum der Ausstellung
Enddatum der Ausstellung
Startdatum der Konferenz
Enddatum der Konferenz
Datum der letzten Prüfung
ISBN
978-3-319-23080-1
978-3-319-23081-8
ISSN
Sprache
Englisch
Während FHNW Zugehörigkeit erstellt
Ja
Publikationsstatus
Unveröffentlicht
Begutachtung
Peer-Review der ganzen Publikation
Open Access-Status
Lizenz
Zitation
NATHAN, Ganesh, 2016. Towards Re-theorizing the Firm in Pursuit of Well-Being and Social Justice. In: Maria Cecilia COUTINHO DE ARRUDA und Bloeslaw ROK (Hrsg.), Understanding Ethics and Responsibilities in a Globalizing World. Springer. S. 147–167. The International Society of Business, Economics, and Ethics Book Series, 5. ISBN 978-3-319-23080-1. Verfügbar unter: http://hdl.handle.net/11654/12336