Description: The Search for the Virtuous Corporation A Wicked Problem or New Direction for Organization Theory? The corporation is the most complex model of organizing economic activity. This Element situates corporations within the discourse of duty. Justin O'Brien (Author) 9781108969222, Cambridge University Press Paperback, published 25 November 2021 75 pages 23 x 15 x 5 cm, 0.122 kg The corporation is the most complex, adaptive, and resilient model of organizing economic activity in history. In an era of globalization, the transnational corporation has significant power over society. While its rights are specified through private ordering, and choice of jurisdictional home, in the event of conflict of laws, the corporation's duties and responsibilities remain contested. Notwithstanding the argument in institutional economics that all transactions take place within governance and legal frameworks, underpinned by a 'non-calculative social contract,' the terms are notoriously difficult to define or enforce. They are made more so if regulatory dynamics preclude litigation to a judicial conclusion. This Element situates the corporation – its culture, governance, responsibility, and accountability – within a broader discourse of duty. In doing so, it addresses the problem of the corporation for society and the corporation's problem in aligning its governance to changing community expectations of obligation. 1. Regulating Conduct and Securing Optimized Outcomes 2. Sympathy, Empathy, and the Pursuit of Reason 3. Ethics and Risk 4. Withering on the Vine: The Future of the Corporation. Subject Areas: Organizational theory & behaviour [KJU], Corporate governance [KJR], Business communication & presentation [KJP], Business ethics & social responsibility [KJG], Business innovation [KJD], Business strategy [KJC], Business & management [KJ]
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BIC Subject Area 1: Organizational theory & behaviour [KJU]
BIC Subject Area 2: Corporate governance [KJR]
BIC Subject Area 3: Business communication & presentation [KJP]
BIC Subject Area 4: Business ethics & social responsibility [KJG]
BIC Subject Area 5: Business innovation [KJD]
BIC Subject Area 6: Business strategy [KJC]
BIC Subject Area 7: Business & management [KJ]
Publisher: Cambridge University Press
Publication Year: 2021
Subject: Business
Number of Pages: 75 Pages
Language: English
Publication Name: The Search for the Virtuous Corporation: a Wicked Problem or New Direction for Organization Theory?
Type: Textbook
Author: Justin O'brien
Subject Area: Business Informatics, Organizational Sociology
Series: Elements in Organization Theory
Format: Paperback
