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Responsible management: an Indigenous perspective

Chapter


Abstract


  • Capitalism’s market-driven model of the firm combined with exponential scientific and

    technological advancement, have produced unprecedented global wealth (World Bank, 2018).

    There have been, however, unwelcome side-effects, namely the concentration of this wealth in

    a few countries and environmental degradation and impacts on human health (Barrow, 2006;

    Kiernan, 2018) which have necessitated alternative measures of human (UNDP, 2014) and

    environmental development (Costanza et al., 2017). Regardless of polarising moral postures

    about whether or not business has a responsibility to and can act against the cumulative effects

    of unabated negative externalities, managerialism is being nudged off its perch of presumed

    neutrality to one of being an active agent of change for a good and better world (Barrow,

    2006; C. M. Hall, 2019). Tentative steps characterised as responsive management (doing more

    than the minimum to help others outside the firm) have given way to general acceptance of

    responsible management as mainstream managerial discourse (Crane et al., 2008). The world

    cannot seemingly wait for the Friedmanites (those who maintain profit maximisation is the

    sole, right and proper purpose of the firm) (Friedman, 1982) and the Bowenites (those who

    maintain firms have responsibilities beyond profit maximisation) (Bowen, 2013 [1953]) to

    come to a concensus over the rightness or otherwise of the firm’s role in improving human and

    environmental conditions.

UOW Authors


  •   Mika, Jason Paul. (external author)
  •   Colbourne, Rick (external author)
  •   Almeida, Shamika

Publication Date


  • 2020

Citation


  • Mika, J. Paul., Colbourne, R. & Almeida, S. (2020). Responsible management: an Indigenous perspective. In O. Laasch, R. Suddaby, R. Edward. Freeman & D. Jamali (Eds.), Research Handbook of Responsible Management (pp. 260-275). Cheltenham: Edward Elgar Publishing Ltd.

International Standard Book Number (isbn) 13


  • 9781788971959

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/1708

Book Title


  • Research Handbook of Responsible Management

Start Page


  • 260

End Page


  • 275

Place Of Publication


  • Cheltenham

Abstract


  • Capitalism’s market-driven model of the firm combined with exponential scientific and

    technological advancement, have produced unprecedented global wealth (World Bank, 2018).

    There have been, however, unwelcome side-effects, namely the concentration of this wealth in

    a few countries and environmental degradation and impacts on human health (Barrow, 2006;

    Kiernan, 2018) which have necessitated alternative measures of human (UNDP, 2014) and

    environmental development (Costanza et al., 2017). Regardless of polarising moral postures

    about whether or not business has a responsibility to and can act against the cumulative effects

    of unabated negative externalities, managerialism is being nudged off its perch of presumed

    neutrality to one of being an active agent of change for a good and better world (Barrow,

    2006; C. M. Hall, 2019). Tentative steps characterised as responsive management (doing more

    than the minimum to help others outside the firm) have given way to general acceptance of

    responsible management as mainstream managerial discourse (Crane et al., 2008). The world

    cannot seemingly wait for the Friedmanites (those who maintain profit maximisation is the

    sole, right and proper purpose of the firm) (Friedman, 1982) and the Bowenites (those who

    maintain firms have responsibilities beyond profit maximisation) (Bowen, 2013 [1953]) to

    come to a concensus over the rightness or otherwise of the firm’s role in improving human and

    environmental conditions.

UOW Authors


  •   Mika, Jason Paul. (external author)
  •   Colbourne, Rick (external author)
  •   Almeida, Shamika

Publication Date


  • 2020

Citation


  • Mika, J. Paul., Colbourne, R. & Almeida, S. (2020). Responsible management: an Indigenous perspective. In O. Laasch, R. Suddaby, R. Edward. Freeman & D. Jamali (Eds.), Research Handbook of Responsible Management (pp. 260-275). Cheltenham: Edward Elgar Publishing Ltd.

International Standard Book Number (isbn) 13


  • 9781788971959

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/1708

Book Title


  • Research Handbook of Responsible Management

Start Page


  • 260

End Page


  • 275

Place Of Publication


  • Cheltenham