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The future of the corporation
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Patriotta, Gerardo (2021) The future of the corporation. Journal of Management Studies, 58 (3). pp. 879-886. doi:10.1111/joms.12673 ISSN 0022-2380.
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Official URL: http://dx.doi.org/10.1111/joms.12673
Abstract
The articles featured in this Point‐Counterpoint develop provocative and yet contrasting views on the role of corporations in contemporary society: the point by Colin Mayer advocates a view of the corporation as a purpose‐driven institution that can become a vehicle for economic and social prosperity. The counterpoint by Jerry Davis emphasizes the declining role of contemporary corporations, and argues for the need to develop both internal and external corporate democracy. Building on the dialogue between purpose and democracy, this article reflects on the future of the corporation within a society characterized by the pervasive presence of global risks. Four major challenges for corporate purpose and democracy are highlighted: changes in corporate business models, inequality and safety, institutional partnerships, and new forms of corporate social engagement.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce |
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
Library of Congress Subject Headings (LCSH): | Corporations, Business enterprises , Big business , International business enterprises, Social responsibility of business | ||||||||
Journal or Publication Title: | Journal of Management Studies | ||||||||
Publisher: | Wiley | ||||||||
ISSN: | 0022-2380 | ||||||||
Official Date: | May 2021 | ||||||||
Dates: |
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Volume: | 58 | ||||||||
Number: | 3 | ||||||||
Page Range: | pp. 879-886 | ||||||||
DOI: | 10.1111/joms.12673 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Reuse Statement (publisher, data, author rights): | "This is the peer reviewed version of the following article: Patriotta, G. (2020), The future of the corporation. Journal of Management Studies which has been published in final form at https://doi.org/10.1111/joms.12673. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions." | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Date of first compliant deposit: | 25 November 2020 | ||||||||
Date of first compliant Open Access: | 23 November 2022 |
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