Ghoshal’s Ghost: Financialization and the End of Management Theory

Philosophy of Management 14 (1):29-45 (2015)
  Copy   BIBTEX

Abstract

Sumantra Ghoshal’s condemnation of “bad management theories” that were “destroying good management practices” has not lost any of its salience, after a decade. Management theories anchored in agency theory (and neo-classical economics generally) continue to abet the financialization of society and undermine the functioning of business. An alternative approach (drawn from a more classic institutional, new ecological, and refocused ethical approaches) is reviewed.

Similar books and articles

Seven management moralities.Thomas Klikauer - 2012 - New York: Palgrave-Macmillan.
La financiarisation en perspective.Ben Fine - 2012 - Actuel Marx 51 (1):73-85.
Management-science and business-ethics.Alan E. Singer & M. S. Singer - 1997 - Journal of Business Ethics 16 (4):385-395.
A critique and a retrieval of management and the humanities.Daniel R. Gilbert - 1997 - Journal of Business Ethics 16 (1):23 - 35.
The Uses and Abuses of Agency Theory.Joseph Heath - 2009 - Business Ethics Quarterly 19 (4):497-528.
Economics and ethics.B. J. Reilly & M. J. Kyj - 1990 - Journal of Business Ethics 9 (9):691-698.
A systematic approach to teaching ethics in business.F. Neil Brady - 1999 - Journal of Business Ethics 19 (3):309 - 318.

Analytics

Added to PP
2015-06-23

Downloads
1,104 (#9,981)

6 months
104 (#31,344)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Alex Sager
Portland State University

References found in this work

A Theory of Justice: Revised Edition.John Rawls - 1999 - Harvard University Press.
The sciences of the artificial.Herbert Alexander Simon - 1969 - [Cambridge,: M.I.T. Press.
Justice as fairness: a restatement.John Rawls (ed.) - 2001 - Cambridge, Mass.: Harvard University Press.
The idea of justice.Amartya Sen - 2009 - Cambridge, Mass.: Belknap Press of Harvard University Press.

View all 35 references / Add more references