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Popular Press
The Management Case for Inclusionary Corporate Purpose
Columbia Law School's Blue Sky Blog
(2021)
Abstract
The most vital and deeply practical argument for more broadly understanding corporate purpose comes from the management literature and the data on how to motivate people in organizations. Put simply, people in organizations do not work as hard or come up with as many innovations for companies unless they see themselves as part of a broader purpose beyond wealth maximization for shareholders.Â
Keywords
- corporate purpose,
- inclusionary,
- employee engagement,
- common vision,
- common purpose,
- shareholder wealth maximization,
- shareholder primacy,
- Friedman,
- Milton Friedman
Disciplines
Publication Date
March 16, 2021
Citation Information
J.S. Nelson. "The Management Case for Inclusionary Corporate Purpose" Columbia Law School's Blue Sky Blog (2021) Available at: http://works.bepress.com/josephine_sandler_nelson/64/