The Political Role of the Business Firm: An Ordonomic Concept of Corporate Citizen-ship Developed in Comparison with the Aristo-telian Idea of Individual Citizenship
Research output: Working paper › Working papers
Standard
Halle-Wittenberg, Sachsen-Anhalt: Martin-Luther-Universität Halle-Wittenberg, 2012. (Diskussionspapiere; Vol. 2012, No. 1).
Research output: Working paper › Working papers
Harvard
APA
Vancouver
Bibtex
}
RIS
TY - UNPB
T1 - The Political Role of the Business Firm
T2 - An Ordonomic Concept of Corporate Citizen-ship Developed in Comparison with the Aristo-telian Idea of Individual Citizenship
AU - Pies, Ingo
AU - Beckmann, Markus
AU - Hielscher, Stefan
PY - 2012
Y1 - 2012
N2 - This is an essay in conceptual clarification: by way of comparison with the Aristotelian idea of individual citizenship for the antique polis, this article develops an ordonomic concept of “corporate citizenship” that offers two insights for academic scholarship. First, we clarify what is meant by a company’s political role. Companies take such a role if they do not confine themselves to acting as bourgeois within the basic business game of producing goods and services, but also participate as citoyen in the meta games of political rule-setting processes and rule-finding discourses. Second, we show that the political dimension of corporate citizenship need not weaken or compromise a compa-ny’s role as an economic actor. Rather, in light of deficient institutional rules, compa-nies need to take a political role if they wish to pursue their self-perfection as economic agents for value creation. This means that in processes of new governance the economic and political roles of the firm need not contradict each other but can follow the same win-win logic of individual self-perfection through cooperative social interactions.
AB - This is an essay in conceptual clarification: by way of comparison with the Aristotelian idea of individual citizenship for the antique polis, this article develops an ordonomic concept of “corporate citizenship” that offers two insights for academic scholarship. First, we clarify what is meant by a company’s political role. Companies take such a role if they do not confine themselves to acting as bourgeois within the basic business game of producing goods and services, but also participate as citoyen in the meta games of political rule-setting processes and rule-finding discourses. Second, we show that the political dimension of corporate citizenship need not weaken or compromise a compa-ny’s role as an economic actor. Rather, in light of deficient institutional rules, compa-nies need to take a political role if they wish to pursue their self-perfection as economic agents for value creation. This means that in processes of new governance the economic and political roles of the firm need not contradict each other but can follow the same win-win logic of individual self-perfection through cooperative social interactions.
KW - Sustainability sciences, Management & Economics
KW - Aristotle
KW - Corporate Citizenship
KW - ordonomics
KW - self-perfection
KW - value creation
KW - Aristoteles
KW - Ordonomik
KW - Selbstvervollkommnung
KW - Wertschöpfung
KW - Aristotle
KW - corporate citizenship
KW - ordonomics
KW - self-perfection
KW - value creation
M3 - Working papers
SN - 978-3-86829-441-5
T3 - Diskussionspapiere
BT - The Political Role of the Business Firm
PB - Martin-Luther-Universität Halle-Wittenberg
CY - Halle-Wittenberg, Sachsen-Anhalt
ER -