17 research outputs found

    Ghoshal’s Ghost: Financialization and the End of Management Theory

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    Sumantra Ghoshal’s condemnation of “bad management theories” that were “destroying good management practices” has not lost any of its salience, after a decade. Management theories anchored in agency theory (and neo-classical economics generally) continue to abet the financialization of society and undermine the functioning of business. An alternative approach (drawn from a more classic institutional, new ecological, and refocused ethical approaches) is reviewed

    Social Assessment and Resource Policy: Lessons from Water Planning

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    AN ADAPTIVE-LEARNING APPROACH TO ENVIRONMENTAL REGULATION

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    This conceptual piece reviews the muddle in reform thinking in environmental regulation. It suggests that rhetoric and relief posturing will not lead to an improvement in regulatory performance, and various market mechanisms, while promising, are ill-suited to current organizational processes. Authentic reform efforts, it contends, should place greater reliance upon an adaptive learning approach to environmental policy development and implementation. Conceptual elements of such an approach are sketched out. Copyright 1983 by The Policy Studies Organization.

    Sustainable development and entrepreneurship: Past contributions and future directions

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    This article discusses the emerging research concerned with sustainable development and entrepreneurship, which is the focus of this special issue of the Journal of Business Venturing. Entrepreneurship has been recognized as a major conduit for sustainable products and processes, and new ventures are being held up as a panacea for many social and environmental concerns. However, there remains considerable uncertainty regarding the nature of entrepreneurship's role and how it may unfold. We begin with an overview of sustainable development and the role of entrepreneurship and outline recent contributions exploring this role. We then summarize the papers presented in this special issue and conclude with suggestions for further research.Entrepreneurship Sustainable development Economic transformation
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