Forty Years On: Still Searching for the Corporation-Society Paradigm

James E. Post

Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics, 2015, vol. 16, issue 2, 136-149

Abstract: In 1975, the Journal of Economic Literature published an article by Lee E. Preston entitled “The Corporation and Society: Search for a Paradigm”. The article became an important landmark in the evolution of the young, but rapidly growing, field of business and society. This paper reviews Preston’s effort to articulate the corporation-society paradigm. The author, who served as Preston’s research assistant when the original paper was written and, later, as his coauthor, discusses Preston’s “search for a paradigm”, offers an assessment of where the field stands today, and discusses whether, or where, a new paradigm is likely to emerge.

Keywords: Corporate Responsibility; CSR Paradigm; Interpenetrating Social Systems; Social Contract; Stakeholder Theory; Sustainability Paradigm (search for similar items in EconPapers)
JEL-codes: A13 A14 M20 Z10 (search for similar items in EconPapers)
Date: 2015
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Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics is currently edited by Prof. Dr. Thomas Beschorner (St.Gallen, Schweiz), Dr. Markus Breuer (Berlin), Prof. Dr. Dr. Alexander Brink (Bayreuth und Witten/Herdecke), Dr. Bettina Hollstein (Erfurt), Dr. Marc C. Huebscher (Hamburg) and Dr. Olaf J. Schumann (Frankfurt a.M.)

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