The nature of the firm, agency theory and shareholder theory: A critique from philosophical anthropology [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 66 (1):33 - 42 (2006)
Standard accounts on the nature of the firm are highly dependent on explanations by Coase, coupled with inputs from agency theory and shareholder theory. This paper carries out their critique in light of personalist and common good postulates. It shows how personalist and common good principles create a framework that not only accommodates business ethics better but also affords a more compelling understanding of business as a whole.
|Keywords||nature of the firm agency theory shareholder theory personalism common good|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Ericka Costa & Tommaso Ramus (2012). The Italian Economia Aziendale and Catholic Social Teaching: How to Apply the Common Good Principle at the Managerial Level. [REVIEW] Journal of Business Ethics 106 (1):103-116.
Alma Acevedo (2012). Personalist Business Ethics and Humanistic Management: Insights From Jacques Maritain. [REVIEW] Journal of Business Ethics 105 (2):197-219.
Michael Gonin, Guido Palazzo & Ulrich Hoffrage (2012). Neither Bad Apple nor Bad Barrel: How the Societal Context Impacts Unethical Behavior in Organizations. Business Ethics 21 (1):31-46.
Heiko Spitzeck (2011). An Integrated Model of Humanistic Management. Journal of Business Ethics 99 (1):51 - 62.
Alejo José G. Sison & Joan Fontrodona (2011). The Common Good of Business: Addressing a Challenge Posed by «Caritas in Veritate». [REVIEW] Journal of Business Ethics 100 (S1):99-107.
Similar books and articles
Kevin Morrell & Ian Clark (2010). Private Equity and the Public Good. Journal of Business Ethics 96 (2):249 - 263.
Yin-Hua Yeh, Tsun-Siou Lee & Pei-Gi Shu (2008). The Agency Problems Embedded in Firm's Equity Investment. Journal of Business Ethics 79 (1/2):151 - 166.
Kathleen Rehbein, Jeanne M. Logsdon & Harry J. Buren (2013). Corporate Responses to Shareholder Activists: Considering the Dialogue Alternative. [REVIEW] Journal of Business Ethics 112 (1):137-154.
Sigmund Wagner-Tsukamoto (2005). An Economic Approach to Business Ethics: Moral Agency of the Firm and the Enabling and Constraining Effects of Economic Institutions and Interactions in a Market Economy. [REVIEW] Journal of Business Ethics 60 (1):75 - 89.
Peter Koslowski (2000). The Limits of Shareholder Value. Journal of Business Ethics 27 (1-2):137 - 148.
Dendi Ramdani & Arjen Witteloostuijn (2012). The Shareholder—Manager Relationship and Its Impact on the Likelihood of Firm Bribery. Journal of Business Ethics 108 (4):495 - 507.
Antonio Argandoña (1998). The Stakeholder Theory and the Common Good. Journal of Business Ethics 17 (9-10):1093-1102.
Joseph Heath (2009). The Uses and Abuses of Agency Theory. Business Ethics Quarterly 19 (4):497-528.
Neil A. Shankman (1999). Reframing the Debate Between Agency and Stakeholder Theories of the Firm. Journal of Business Ethics 19 (4):319 - 334.
Alejo José G. Sison (2007). Toward a Common Good Theory of the Firm: The Tasubinsa Case. [REVIEW] Journal of Business Ethics 74 (4):471 - 480.
Added to index2009-01-28
Total downloads59 ( #37,964 of 1,696,632 )
Recent downloads (6 months)12 ( #48,920 of 1,696,632 )
How can I increase my downloads?