The power of and: responsible business without trade-offs
The idea that business is only about the money doesn’t hold true in the twenty-first century, when companies around the world are giving up traditional distinctions in order to succeed. Yet our expectations for businesses remain under the sway of an outdated worldview that emphasizes profits for sha...
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| Hauptverfasser: | , , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York
Columbia University Press
[2020]
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| Schlagworte: | |
| Online-Zugang: | DE-12 DE-1043 DE-1046 DE-858 DE-Aug4 DE-573 DE-898 DE-859 DE-860 DE-473 DE-706 DE-739 Volltext |
| Zusammenfassung: | The idea that business is only about the money doesn’t hold true in the twenty-first century, when companies around the world are giving up traditional distinctions in order to succeed. Yet our expectations for businesses remain under the sway of an outdated worldview that emphasizes profits for shareholders above all else.The Power of And offers a new narrative about the nature of business, revealing the focus on responsibility and ethics that unites today’s most influential ideas and companies. R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar detail an emerging business model built on five key concepts: prioritizing purpose as well as profits; creating value for stakeholders as well as shareholders; seeing business as embedded in society as well as markets; recognizing people’s full humanity as well as their economic interests; and integrating business and ethics into a more holistic model. Drawing on examples across companies, industries, and countries, they show that these values support persevering in hard times and prospering over the long term. Real-world success stories disprove the conventional wisdom that there are unavoidable trade-offs between acting ethically and succeeding financially. The Power of And presents a conceptual revolution about what it means for business to be responsible, providing a new story for us to tell in order to help all kinds of companies thrive |
| Beschreibung: | 1 Online-Ressource (xi, 189 Seiten) Illustrationen |
| ISBN: | 9780231547895 |
| DOI: | 10.7312/free18850 |
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Datensatz im Suchindex
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| spelling | Freeman, R. Edward 1951- Verfasser (DE-588)124214584 aut The power of and responsible business without trade-offs R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar New York Columbia University Press [2020] © 2020 1 Online-Ressource (xi, 189 Seiten) Illustrationen txt rdacontent c rdamedia cr rdacarrier The idea that business is only about the money doesn’t hold true in the twenty-first century, when companies around the world are giving up traditional distinctions in order to succeed. Yet our expectations for businesses remain under the sway of an outdated worldview that emphasizes profits for shareholders above all else.The Power of And offers a new narrative about the nature of business, revealing the focus on responsibility and ethics that unites today’s most influential ideas and companies. R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar detail an emerging business model built on five key concepts: prioritizing purpose as well as profits; creating value for stakeholders as well as shareholders; seeing business as embedded in society as well as markets; recognizing people’s full humanity as well as their economic interests; and integrating business and ethics into a more holistic model. Drawing on examples across companies, industries, and countries, they show that these values support persevering in hard times and prospering over the long term. Real-world success stories disprove the conventional wisdom that there are unavoidable trade-offs between acting ethically and succeeding financially. The Power of And presents a conceptual revolution about what it means for business to be responsible, providing a new story for us to tell in order to help all kinds of companies thrive BUSINESS & ECONOMICS / Business Ethics bisacsh Entrepreneurship Social aspects Industries Social aspects Social responsibility of business Martin, Kirsten E. Verfasser aut Parmar, Bidhan L. Verfasser aut Erscheint auch als Druck-Ausgabe 978-0-231-18850-0 https://doi.org/10.7312/free18850 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Freeman, R. Edward 1951- Martin, Kirsten E. Parmar, Bidhan L. The power of and responsible business without trade-offs BUSINESS & ECONOMICS / Business Ethics bisacsh Entrepreneurship Social aspects Industries Social aspects Social responsibility of business |
| title | The power of and responsible business without trade-offs |
| title_auth | The power of and responsible business without trade-offs |
| title_exact_search | The power of and responsible business without trade-offs |
| title_exact_search_txtP | The power of and responsible business without trade-offs |
| title_full | The power of and responsible business without trade-offs R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar |
| title_fullStr | The power of and responsible business without trade-offs R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar |
| title_full_unstemmed | The power of and responsible business without trade-offs R. Edward Freeman, Kirsten E. Martin, and Bidhan L. Parmar |
| title_short | The power of and |
| title_sort | the power of and responsible business without trade offs |
| title_sub | responsible business without trade-offs |
| topic | BUSINESS & ECONOMICS / Business Ethics bisacsh Entrepreneurship Social aspects Industries Social aspects Social responsibility of business |
| topic_facet | BUSINESS & ECONOMICS / Business Ethics Entrepreneurship Social aspects Industries Social aspects Social responsibility of business |
| url | https://doi.org/10.7312/free18850 |
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