The Modern Corporation and the Idea of Freedom
Philosophy in Management, Vol. 9, No. 2, 2010
35 Pages Posted: 21 Mar 2010
Date Written: March 14, 2010
While the idea of freedom lies at the heart of our economic system, academic research has neglected to connect theories of the firm to freedom theory. To fill this void, the authors delineate two archetypes of freedom – quantitative and qualitative – and outline the consequences of the respective notions for organizational strategy, corporate governance, leadership and culture. Supporting the quest for reform in management theory, the authors argue for an enlarged perspective of the role of the firm within free societies.
Keywords: freedom, liberty, organizational strategy, management, corporate culture, business ethics, corporate social responsibility, sustainability
JEL Classification: A00, B00, B1, B2, B3, L2, Z1
Suggested Citation: Suggested Citation