The article proposes and develops a concept - social productivity - to complement the widely used concepts of social capital and economic productivity. All three concepts are concerned with structured groups, which include organizations, institutions, and societies. However, while social capital focuses on a group’s social resources and economic productivity focuses on a group’s economically relevant goods and services, social productivity focuses on a group’s social outputs. Four social outputs of groups are identified: (1) standards for behavior, (2) reputation, (3) symbols, and (4) trust and perceptions of fairness. These social outputs are important to a group not only because they affect the degree of commitment to the group by its participants but also because they affect the responses to the group by others. From the perspective of social productivity, government adopts law (formal standards for behavior) in order to preserve the reputation of important groups, provide symbols, and maintain or increase trust and fairness. To illustrate the concept of social productivity, the article examines ways that federal law on investment companies and investment advisers deals with conflicts of interest.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Business Reputation and Labor Efficiency, Productivity, and Cost.Marty Stuebs & Li Sun - 2010 - Journal of Business Ethics 96 (2):265 - 283.
Managing Conflicts of Interest Within Organizations : Does Activating Social Values Change the Impact of Self-Interest on Behavior?Tom R. Tyler - 2005 - In Don A. Moore (ed.), Conflicts of Interest: Challenges and Solutions in Business, Law, Medicine, and Public Policy. Cambridge University Press. pp. 13--35.
Drug Testing and Productivity.Nicholas J. Caste - 1992 - Journal of Business Ethics 11 (4):301 - 306.
The Importance of Us: A Philosophical Study of Basic Social Notions.Raimo Tuomela - 1995 - Stanford University Press.
Productivity and the Economic Pastoral: Implications for Growth. [REVIEW]Robert L. Armacost - 1988 - Journal of Business Ethics 7 (6):467 - 473.
Enhancement and the Ethics of Development.Allen Buchanan - 2008 - Kennedy Institute of Ethics Journal 18 (1):pp. 1-34.
Shifting the Natural Selection Metaphor to the Group Level.Nicholas S. Thompson - 2000 - Behavior and Philosophy 28 (1/2):83 - 101.
Sorry, there are not enough data points to plot this chart.
Added to index2009-01-28
Total downloads1 ( #876,000 of 2,164,554 )
Recent downloads (6 months)1 ( #347,971 of 2,164,554 )
How can I increase my downloads?