Toward a Common Good Theory of the Firm: The Tasubinsa Case

Tasubinsa is a “Special Employment and Occupational Center” constituted in accordance with Spanish Law where 90% of the workers have mental, sensorial or physical impairments of at least 30%. Its positive experience of more than 15 years provides entirely different responses from mainstream neoclass...

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Bibliographic Details
Main Author: Sison, Alejo José G. (Author)
Format: Electronic Article
Language:English
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Published: Springer 2007
In: Journal of business ethics
Year: 2007, Volume: 74, Issue: 4, Pages: 471-480
Further subjects:B shareholder theory
B Agency Theory
B common good theory of the firm
B special employment centers
B social integration of handicapped workers
B transaction cost theory
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Description
Summary:Tasubinsa is a “Special Employment and Occupational Center” constituted in accordance with Spanish Law where 90% of the workers have mental, sensorial or physical impairments of at least 30%. Its positive experience of more than 15 years provides entirely different responses from mainstream neoclassical theory (transaction cost theory, agency theory, and shareholder theory) to basic questions such as “What is a firm?”, “What is its purpose?”, “Who owns a firm?”, and “What do a firm’s owners seek?”. The article discusses how these different premises give rise to a distinctive corporate culture centered on the handicapped person.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-007-9525-y