
Alternative Theories of the Firm
- 424 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Alternative Theories of the Firm
About this book
The Theory of the Firm is commonly viewed as axiomatic by business school academicians. Considerations in spanning organizational structures, their boundaries and roles, as well as business strategies all relate to the Theory of the Firm. The dominant Theory of the Firm poses that markets act perfectly to maximize the well- being of society when people act to maximize the personal utility of their individual purchases and firms act to maximize financial returns to their owners.
However, burgeoning evidence and discourse across the scientific and policy communities suggests that the economic, social, and environmental consequences of accepting and applying this theory in the organization of business and society threaten the survival of the human species, among countless others. This book provides the latest thinking on alternatives to the Theory of the Firm as cornerstone of managerial decision-making. Authors explore and elucidate theories that help us understand a firm differently and suggest alternatives to the Theory of the Firm.
This book will be of value to researchers, academics, practitioners, and students interested in leadership, strategic management, and the intersection of corporate interests and the well-being of the society.
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Information
Table of contents
- Cover
- Half-Title Page
- Series Page
- Title Page
- Copyright Page
- Contents
- About the Contributors
- Introduction: Alternative Theories of the Firm
- 1 From the Theory of the Firm to a Theory of the Community
- 2 A Note on Alternative “Theories of the Firm”
- 3 A Rightholding Perspective on the Firm and Principled Governance: 10 Memos
- 4 Theories of the Firm: The Logic of Multiple Criteria for Assessing Outcomes
- 5 Qualitative Growth: An Alternative to Solely Quantitatively-Oriented Theories of Firm Growth
- 6 What Are Corporations for?: Contemporary Capitalism, Authority, and a Communicative Theory of the Firm
- 7 Toward a “We”-Mode Team Production Theory of the Firm: A Confucian Approach
- 8 Strengthening Theory through Isolation and Subsequent Confrontation: The Case of French Convention Theory
- 9 What It Means to be Truly Human in Organizations: Martin Buber’s Concept of I-Thou Relations
- 10 Business for Peace: A New Paradigm for the Theory of the Firm
- 11 Lessons from Indigenous Social Enterprises: An Alternative Management Model?
- 12 Toward a Humanistic Theory of the Firm: An Analysis of the Mondragon-Based Participative Model
- 13 How Human and Organizational Relationships Can Be Explained by Natural Science
- 14 Capitalism as a Continuum: A Bioinspired Narrative Framework to Assess Four Functions of the Firm
- Index