Moral Firms
Bibliographic Data
| ID | 9685271 |
|---|---|
| Authors | Rebecca Henderson (0000-0001-5902-1891, corresponding author) |
| Year | 2023 |
| Volume | 152 |
| Issue | 1 |
| Pages | 198-211 |
| Publication date | 2023-02-28 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Daedalus (JOURNAL) |
| Journal identifiers | ISSN: 0011-5266 • E-ISSN: 1548-6192 |
| Publisher | MIT Press (PUBLISHER • US) |
| DOI | 10.1162/daed_a_01979 |
| OpenAlex | W4322485475 |
| Language | EN |
| Citations received | 2 |
Building a new political economy requires transforming our markets, our institutions, and our policy and regulatory regimes. In this essay, I argue that it also requires transforming the purpose of the firm: from a singular focus on maximizing financial returns to the recognition that firms exist to support human flourishing, with profits merely a means to an end. I suggest that this transformation is already under way and indeed that it may help support fundamental change in the wider society, but that significant shifts in law, policy, and in the social and normative context are almost certainly essential if this new model is to become the norm
Context (archaeology · Economic system · Economics · Flourishing · Law and economics · Neoclassical economics · Norm (philosophy · Normative · Political science · Politics · Positive economics · Sociology · Economic Theory and Institutions · Law · Social Psychology
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2023 - 2024 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |