scholarly journals Strategic management, the theory of the firm, and digitalization: Reintroducing a normative perspective

2021 ◽  
Vol 2 (1) ◽  
pp. 41-53
Author(s):  
Dodo zu Knyphausen-Aufseß ◽  
Tilman Santarius
Keyword(s):  
Strategic Management ◽  
Common Good ◽  
Theory Of The Firm ◽  
Traditional Theory ◽  
Social Relevance ◽  
Core Element ◽  
Organizational Arrangement ◽  
The Common ◽  
Key Terms ◽  
Normative Perspective

The theory of the firm, as we know it from the literature, focuses on the boundary question. Recently, the idea of ecosystems, an organizational arrangement that lies somewhere between the firm and the market poles, has been promoted as an adequate response to the ongoing trend of digitalization (Jacobides, Cennamo, & Gawer, 2018). What is missing in the extant literature is an answer to or reflection on the normative question of what role business firms should or could play in modern societies, where major (“grand”) challenges such as climate change, poverty, migration, and rising inequality are seen (George, Howard-Grenville, Joshi, & Tihanyi, 2016). Thus, a core element of the traditional theory of the firm has been neglected, with the consequence that its social relevance is no longer evident. We focus on the strategic management discipline, with an aim to reintroduce the lost normative perspective and to provide a guideline for future theorizing about business firms as well as guidelines for practice. The three cornerstones of our framework are (de-) growth, sustainability, and digitalization. We emphasize the digitalization angle and elaborate on what we call the “common good orientation” of digitalization, using the key terms “internet as a commons”, “open-source”, and “cooperative platforms”

scholarly journals Engaging Ethically: A Discourse Ethics Perspective on Social Shareholder Engagement

2015 ◽  
Vol 25 (2) ◽  
pp. 163-189 ◽  
Author(s):  
Jennifer Goodman ◽  
Daniel Arenas
Keyword(s):  
Common Good ◽  
Theory Of The Firm ◽  
Discourse Ethics ◽  
Traditional Theory ◽  
Responsible Investment ◽  
Ethical Concerns ◽  
Political Role ◽  
Shareholder Engagement ◽  
Corporate Decisions ◽  
The Common

ABSTRACT:The primacy of shareholder demands in the traditional theory of the firm has typically excluded marginalised stakeholder voices. However, shareholders involved in social shareholder engagement (SSE) purport to bring these voices into corporate decision-making. In response to ethical concerns about the legitimacy of SSE, we use the lens of discourse ethics to provide a normative analysis at both action and constitutional levels. By specifying three normative questions, we extend the analysis of SSE to identify a political role for shareholders in pursuit of the common good. We demonstrate the desirability for SSE to promote regulatory/institutional change to guarantee marginalised stakeholders a voice in corporate decisions that affect them. The theory of SSE we propose thus calls into question the stark separation of the political and economic spheres and reveals an underlying tension, often overlooked, within the responsible investment literature.

scholarly journals RECONFIGURANDO A TEOLOGIA EM VISTA DO BEM COMUM

2014 ◽  
Vol 44 (123) ◽  
pp. 275
Author(s):  
Ângelo Cardita
Keyword(s):  
Common Good ◽  
Religious Communities ◽  
Public Theology ◽  
Social Relevance ◽  
The Common Good ◽  
Human Good ◽  
The Common

Neste artigo, lançam-se as bases para uma reconfiguração da teologia científica em vista do bem comum. Defende-se que a teologia deve abandonar a intimidade das igrejas e comunidades religiosas e, portanto, o modelo confessional, para se reestruturar como teologia pública com pertinência social. Neste sentido, discute-se o modelo deliberativo de bem comum de Daniel Innerarity e analisamse as duas principais transformações epistemológicas, necessárias para a reconfiguração da teologia em vista do bem comum: a teologia como ciência das religiões, tal como propõe Pannenberg, e a estruturação transcendental do bem humano, integrando a própria questão de Deus, segundo Lonergan.ABSTRACT: In this article, there is an approach at the base levels for a reconfiguration of scientific theology in view of the common good. It is argued that theology should abandon the intimacy of the churches and religious communities and, therefore, the confessional model, to restructure itself as public theology with social relevance. In this sense, it discusses the deliberative model of common good of Daniel Innerarity and it analyzes the two main epistemological transformations required for the reconfiguration of theology in view of the common good: theology as a science of religions, such as proposed by Pannenberg, and the transcendental structuring of human good, integrating the issue of God, according to Lonergan.

The ‘economy for the common good’, job quality and workers’ well-being in Austria and Germany

2020 ◽  
pp. 103530462094994
Author(s):  
Laia Ollé-Espluga ◽  
Johanna Muckenhuber ◽  
Markus Hadler
Keyword(s):  
Common Good ◽  
Time Pressure ◽  
Well Being ◽  
Social Relevance ◽  
The Common Good ◽  
Work Settings ◽  
Positive Effects ◽  
Mixed Support ◽  
European Working ◽  
The Common

The Economy for the Common Good movement proposes an alternative economic model, which promises to offset many of the detrimental effects of the contemporary labour market. Yet, despite its increasing economic and social relevance in Europe, there is little research on Economy for the Common Good firms and the quality of the jobs they offer their employees. We thus, first, introduce the ideas of this movement and then present findings on workplace characteristics and the well-being of workers. Our results are based on our own survey of Economy for the Common Good employees from 2018 and on the sixth wave of the European Working Conditions Survey. Our analyses offer mixed support for the claims of the Economy for the Common Good – while Economy for the Common Good workers can be found in high-quality work settings, their absenteeism and presenteeism, as well as indicators of control, time pressure, direct participation and financial participation do not differ from other workers when controlled in a propensity score matching approach. Based on our findings and feedback from Economy for the Common Good representatives, we conclude that the introduction of Economy for the Common Good ideas might be too recent to see any positive effects, but also that Economy for the Common Good companies should place more focus on their employees’ well-being. JEL codes: P40, P52, J81, I14

scholarly journals In search of an ethnolinguistic paradigm: A glossary of key terms and concepts

2020 ◽  
Vol 76 (2) ◽  
pp. 79-103
Author(s):  
Jerzy Bartmiński
Keyword(s):  
Common Good ◽  
Scientific Community ◽  
Thomas Kuhn ◽  
The Common Good ◽  
Key Concepts ◽  
The Common ◽  
The Creation ◽  
Key Terms

The paper?s author examines to what extent ethnolingustics meets the paradigmatic criteria according to Thomas Kuhn (?A paradigm is the thing that divides the members of the scientific community and vice versa, the scientific community connects people sharing a certain paradigm?) and compares the key terms which constitute this discipline?s instrumentarium. The author focuses on the researchers gathered around the international annual titled Etnolingwistyka, the representatives of the approach known as the Lublin School of Cognitive Ethnolinguistics. Two dictionaries are representative of the School: S?ownik stereotyp?w i symboli ludowych (Vol. 1-2, 1996-2020) and the five-volume lexicon titled Leksykon aksjologiczny S?owian i ich s?siad?w (2015-2019). According to the author, based on these two dictionaries and the accompanying publications, it is already possible to compile a glossary of key terms of ethnolinguistics. Such glossary would consist of several key concepts: the linguistic worldview, concept (synonymous with ?stereotype?), viewpoint and perspective, cognitive definition, profiling and profile, subject, values, etc. This terminological apparatus was particularly used in the creation of the said axiological lexicon and has now become the common good of the whole team of authors. This corresponds to Kuhn?s second postulate.

scholarly journals The Common Good of the Firm in the Aristotelian-Thomistic Tradition

2012 ◽  
Vol 22 (2) ◽  
pp. 211-246 ◽  
Author(s):  
Alejo José G. Sison ◽  
Joan Fontrodona
Keyword(s):  
Political Theory ◽  
Common Good ◽  
Historical Development ◽  
Theory Of The Firm ◽  
The Political ◽  
The Common Good ◽  
Goods And Services ◽  
The Common

ABSTRACT:This article proposes a theory of the firm based on the common good. It clarifies the meaning of the term “common good” tracing its historical development. Next, an analogous sense applicable to the firm is derived from its original context in political theory. Put simply, the common good of the firm is the production of goods and services needed for flourishing, in which different members participate through work. This is linked to the political common good through subsidiarity. Lastly, implications and challenges arising from the positing of work as the common good of the firm are explored.

On everyday academic research

2017 ◽  
pp. 98-134 ◽  
Author(s):  
J. Tirole
Keyword(s):  
Common Good ◽  
Academic Research ◽  
Research Quality ◽  
Economic Research ◽  
Relevant Research ◽  
The Common ◽  
Verification Of Models ◽  
Science And Research

In the fourth chapter of the book “The economy of the common good”, the nature of economics as a science and research practices in their theoretical and empirical aspects are discussed. The author considers the processes of modeling, empirical verification of models and evaluation of research quality. In addition, the features of economic cognition and the role of mathematics in economic research are analyzed, including the example of relevant research in game theory and information theory.

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