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Elements of a theory of the responsible firm
Manage episode 451872500 series 3380021
Indhold leveret af LSE Film and Audio Team, London School of Economics, and Political Science. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af LSE Film and Audio Team, London School of Economics, and Political Science eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Contributor(s): Professor Patrick Bolton | Patrick Bolton will be talking on the topic of Elements of a Theory of the Responsible Firm. The lecture will begin with a short review of economic theories of the firm, pointing out that although all the economic theories see the firm as an institutional response to improve on market and contractual inefficiencies, they ignore the problem of the economic responsibility of firms in a world of market inefficiencies, externalities, and government failures. Professor Bolton will then turn to a discussion of the meaning of economic responsibility, its relevance, and practical implications for firms, by drawing on some key readings from management, law, and philosophy.
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