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1 – 10 of over 71000Lynn M Shore, Lois E Tetrick, M.Susan Taylor, Jaqueline A.-M Coyle Shapiro, Robert C Liden, Judi McLean Parks, Elizabeth Wolfe Morrison, Lyman W Porter, Sandra L Robinson, Mark V Roehling, Denise M Rousseau, René Schalk, Anne S Tsui and Linn Van Dyne
The employee-organization relationship (EOR) has increasingly become a focal point for researchers in organizational behavior, human resource management, and industrial relations…
Abstract
The employee-organization relationship (EOR) has increasingly become a focal point for researchers in organizational behavior, human resource management, and industrial relations. Literature on the EOR has developed at both the individual – (e.g. psychological contracts) and the group and organizational-levels of analysis (e.g. employment relationships). Both sets of literatures are reviewed, and we argue for the need to integrate these literatures as a means for improving understanding of the EOR. Mechanisms for integrating these literatures are suggested. A subsequent discussion of contextual effects on the EOR follows in which we suggest that researchers develop models that explicitly incorporate context. We then examine a number of theoretical lenses to explain various attributes of the EOR such as the dynamism and fairness of the exchange, and new ways of understanding the exchange including positive functional relationships and integrative negotiations. The article concludes with a discussion of future research needed on the EOR.
This chapter explores the gap between social expectations and actual sustainability performance in the business world and identifies the root causes of this discrepancy. The…
Abstract
This chapter explores the gap between social expectations and actual sustainability performance in the business world and identifies the root causes of this discrepancy. The author reviews corporate social responsibility (CSR) and sustainability, and their relationship with the Sustainable Development Goals (SDGs). This chapter also compares the connections and differences between the Millennium Development Goals (MDGs) and the SDGs. The author analyzes possible solutions to bridge the gap, including renewing the social contract between businesses, society and institutions. This involves rethinking the role of businesses and institutions in promoting sustainability and creating new systems and structures that incentivize sustainable practices. This chapter concludes by discussing the pathway to a sustainable and inclusive world through systems innovation and change. When embracing a systems thinking approach, individuals and organizations can identify and address the root causes of unsustainability, and create more resilient and sustainable systems that benefit both people and the planet.
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The main purpose of this paper is first to discern the overwhelming influence of Kantian thought in the development of mainstream political economic doctrines. In this we will…
Abstract
The main purpose of this paper is first to discern the overwhelming influence of Kantian thought in the development of mainstream political economic doctrines. In this we will show that the Kantian philosophical influence has introduced an abiding element of duality in all matters of the western liberal theory of social contract and political economy. The nature of Kantian moral philosophy will be shown to have left the study of political economy by and large ethically neutral by treating the role of morals, ethics and values exogenously to the economic system. We will then introduce some substantive elements of an alternative approach to the treatment of ethics and values in the socio‐economic system. We will show that in the alternative approach to the study of social contract theory and political economy the ethical considerations appear as endogenous elements and strongly negate the Kantian principle of duality and individualistic rationalism.
Jade Wong, Andreas Ortmann, Alberto Motta and Le Zhang
Policymakers worldwide have proposed a new contract – the ‘social impact bond’ (SIB) – which they claim can allay the underperformance afflicting not-for-profits, by tying the…
Abstract
Policymakers worldwide have proposed a new contract – the ‘social impact bond’ (SIB) – which they claim can allay the underperformance afflicting not-for-profits, by tying the private returns of (social) investors to the success of social programs. We investigate experimentally how SIBs perform in a first-best world, where investors are rational and able to obtain hard information on not-for-profits’ performance. Using a principal-agent multitasking framework, we compare SIBs to inputs-based contracts (IBs) and performance-based contracts (PBs). IBs are based on a piece-rate mechanism, PBs on a non-binding bonus mechanism, and SIBs on a mechanism that, due to the presence of an investor, offers full enforceability. Although SIBs can perfectly enforce good behaviour, they also require the principal (i.e., government) to relinquish control over the agent’s (i.e., not-for-profit’s) payoff to a self-regarding investor, which prevents the principal and agent from being reciprocal. In spite of these drawbacks, in our experiment SIBs outperformed IBs and PBs. We therefore conclude that, at least in our laboratory test-bed, SIBs can allay the underperformance of not-for-profits.
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Rogene A. Buchholz and Sandra B. Rosenthal
While there has been an explosion of theoretical work in the field of Business and Society over the past several years, much of this work still reflects a key philosophical…
Abstract
While there has been an explosion of theoretical work in the field of Business and Society over the past several years, much of this work still reflects a key philosophical assumption about the way business and society should be viewed that has been operative in the field since its beginnings. This assumption undergirds the title for the field and has infused itself into stakeholder theory, normative theory, and social contract theory, which are the main theoretical approaches that have emerged in the field. This basic assumption is critically analyzed and questioned in this article, and another philosophical framework, one based on American Pragmatism and not based on this assumption, is offered as an alternative way to view the corporation and its relationship to society. The implications of this alternative for the Business and Society field are then explored.
Coproduction fundamentally changes the roles of citizens and governments. The purpose of this paper is to enhance the theoretical understanding of the transformative changes in…
Abstract
Purpose
Coproduction fundamentally changes the roles of citizens and governments. The purpose of this paper is to enhance the theoretical understanding of the transformative changes in the structural order of the public domain that result from the coproduction of public services.
Design/methodology/approach
This paper builds upon both the literature on coproduction of public services, new public governance and on social contracts between citizens and the state to identify the nature, drivers and implications of the transformation. The argument is illustrated with examples from crime control and healthcare.
Findings
The analysis identified an institutional misfit and highlights four key issues that are key to the understanding of the structural transformation of public services: compensation for time and knowledge resources, responses to new forms of (in)equality, risk of conflicts between citizens and re-organizing accountability.
Research limitations/implications
The analysis highlights the need for further research into the implications of coproduction for government legitimacy, transfer of power, financial implications, representativeness and consequences for non-coproducing citizens.
Originality/value
This paper links instrumental debates about the coproduction of public services to fundamental debates about the relations between government and citizens and identifies substantial issues that are raised by this structural transformation in the public domain and that require new responses.
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Maria Alejandra Gonzalez-Perez and Diana Piedrahita-Carvajal
Seeking to contribute, from an academic perspective, to the construction of a better tomorrow that leaves no segment of society behind, this final chapter presents arguments for…
Abstract
Seeking to contribute, from an academic perspective, to the construction of a better tomorrow that leaves no segment of society behind, this final chapter presents arguments for building sustainable futures that are possible through regenerative development. We talk about ‘futures’ in the plural, because there is more than one future that could be sustainable. We explain the importance of prioritising positive values involving the environment, society and markets, ethical considerations of doing no harm and the search for regenerative relationships that lead to collective action. We also explain that regeneration goes beyond restoration. This chapter is divided into four parts. First, we discuss regenerative capitalism. Then, we explain why climate action must be collective and must involve business, governments, academia and civic organisations. The third part presents a concise summary of the findings of the studies presented in this book. Finally, we explain why we need a new social contract to achieve the goal of sustainable futures through regenerative development.
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Ronald S. Batenburg, Werner Raub and Chris Snijders
This chapter addresses social embeddedness effects on ex ante management of economic transactions. We focus on dyadic embeddedness, that is the history of prior transactions…
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This chapter addresses social embeddedness effects on ex ante management of economic transactions. We focus on dyadic embeddedness, that is the history of prior transactions between business partners and the anticipation of future transactions. Ex ante management through, for example, contractual arrangements is costly but mitigates risks associated with the transaction, such as risks from strategic and opportunistic behavior. Dyadic embeddedness can reduce such risks and, hence, the need for ex ante management by, for instance, making reciprocity and conditional cooperation feasible. The chapter presents a novel theoretical model generating dyadic embeddedness effects, together with effects of transaction characteristics and management costs. We stress the interaction of the history of prior transactions and expectations of future business. Hypotheses are tested using new and primary data from an extensive survey of more than 900 purchases of information technology (IT) products (hard- and software) by almost 800 small- and medium-sized enterprises (SMEs). Results support, in particular, the hypotheses on effects of dyadic embeddedness.
Politics in human societies represents a variation, and elaboration, on a major evolutionary theme. Political processes have played an important functional role in goal-oriented…
Abstract
Politics in human societies represents a variation, and elaboration, on a major evolutionary theme. Political processes have played an important functional role in goal-oriented, cooperative social systems in the natural world. This view of politics is also consistent with a causal theory – known as the Synergism Hypothesis – which explains the rise of complexity in evolution over time and, equally important, the frequent examples of devolution and dissolution. In addition to a brief discussion of this theory, the evolution of political systems in humankind will be described, from its possible origins among our remote australopithecine ancestors to the emergence of complex modern civilizations. Now, however, we confront an existential threat to our species, and to many others, due mainly to climate change. The future is very problematic. I will argue here that the only viable path going forward is a new social contract coupled with (democratic) global governance – a global “superorganism.”
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