Ontological Foundations of Stakeholder Dignity and Well-Being: Concepts and Measurement

22 Pages Posted: 26 Dec 2018

See all articles by Michael Pirson

Michael Pirson

Fordham University - Gabelli School of Business; Humanistic Management Network; Harvard University

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Date Written: December 6, 2018

Abstract

In this paper, I am examining the foundational assumptions of human nature (ontology) that guide current corporate governance and strategy. I question these assumptions based on the latest findings from the sciences and propose an alternative, humanistic ontology. This ontology allows us to understand human dignity and well-being based on four independent evolutionary drives that managers need to satisfy. I then report on measures we developed and tested to assess the four drive model. The measurement scales developed show high predictive validity with well-being and dignity. They also show high explanatory power for work related constructs such as employee engagement and motivation. I propose that these measurement scales can help managers assess their impact on stakeholder well-being.

Keywords: Humanistic Management, Dignity, Well Being

JEL Classification: J00, M00, N00, P00

Suggested Citation

Pirson, Michael, Ontological Foundations of Stakeholder Dignity and Well-Being: Concepts and Measurement (December 6, 2018). Available at SSRN: https://ssrn.com/abstract=3296735 or http://dx.doi.org/10.2139/ssrn.3296735

Michael Pirson (Contact Author)

Fordham University - Gabelli School of Business ( email )

140 West 62nd Street
New York, NY 10018
United States

Humanistic Management Network ( email )

St. Gallen
Switzerland

Harvard University

1875 Cambridge Street
Cambridge, MA 02138
United States

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