Dehumanisation of the Large Corporation

11 Pages Posted: 4 Feb 2020

See all articles by Jaap W. Winter

Jaap W. Winter

Vrije Universiteit Amsterdam; University of Amsterdam; Insead

Date Written: January 10, 2020

Abstract

The large corporation has become dehumanised, through a combination of developments like the one-sided shareholder value focus in the modern theory of the firm, capital markets that see companies as balance sheets, efficiency driven management practices that see humans as production tools, excessive regulation and control and failing remuneration sytems. Modern digital technologies, considering people only as bundles of data that can be exploited, increase dehumanisation. To re-humanise the corporation we need to reorient the purpose of the corporation, develop humane management practices, invent and improve corporate legal forms and first of all rediscover what it is to be human in our times.

Keywords: corporation, purpose, dehumanisation, theory of the firm, regulation, remuneration

JEL Classification: D21, D23, K22

Suggested Citation

Winter, Jaap W., Dehumanisation of the Large Corporation (January 10, 2020). Available at SSRN: https://ssrn.com/abstract=3517492 or http://dx.doi.org/10.2139/ssrn.3517492

Jaap W. Winter (Contact Author)

Vrije Universiteit Amsterdam ( email )

De Boelelaan 1105
Amsterdam
Netherlands
+31653978419 (Phone)

University of Amsterdam ( email )

Oude Manhuispoort
Amsterdam
Netherlands

Insead ( email )

Boulevard de Constance
77305 Fontainebleau Cedex
France

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