In order to survive as a social institution a firm needs a constitutional social contract, even though implicit, among its stakeholders. This social contract must exist if an institution is to be justified. The book focuses on two main issues: To find out the terms of the hypothetical agreement among the firm's stakeholders in an ex ante perspective and to understand the endogenous mechanism generating appropriate incentives that induce to comply with the social contract itself, as seen in the ex post perspective.
The Social Contract of the Firm : Economics, Ethics and Organisation / L. Sacconi. - Berlin : Springer Verlag, 2000. - ISBN 9783540672197. [10.1007/978-3-642-57300-2]
The Social Contract of the Firm : Economics, Ethics and Organisation
L. Sacconi
2000
Abstract
In order to survive as a social institution a firm needs a constitutional social contract, even though implicit, among its stakeholders. This social contract must exist if an institution is to be justified. The book focuses on two main issues: To find out the terms of the hypothetical agreement among the firm's stakeholders in an ex ante perspective and to understand the endogenous mechanism generating appropriate incentives that induce to comply with the social contract itself, as seen in the ex post perspective.File | Dimensione | Formato | |
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