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    Toward a New Social Contract Theory in Organization Science

    Huff, Anne Sigismund (1994) Toward a New Social Contract Theory in Organization Science. Journal of Management Inquiry, 3 (2). pp. 153-168. ISSN 1056-4926

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    This article suggests that strategy research (and other management disciplines as well) should move beyond a neo-Hobbesian approach to contracting toward a new social contract approach. Work from an agency theory perspective in particular has generated utilitarian insights, but its description of agent behavior is too limited and its assumptions are not a useful guide to productive alliances among firms. Altruism, ethics, goodwill, moral sentiments, and trust need to be placed in the foreground of our vision, and society must be accepted as the ultimate principal to which both individuals and firms are responsible.

    Item Type: Article
    Keywords: New Social Contract Theory; Organization Science;
    Academic Unit: Faculty of Social Sciences > School of Business
    Item ID: 5472
    Depositing User: Anne Huff
    Date Deposited: 08 Oct 2014 16:16
    Journal or Publication Title: Journal of Management Inquiry
    Publisher: Sage Publications
    Refereed: Yes
    Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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