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A Reconceptualisation of the Firm from the Perspective of the Entrepreneur

  • R Brown
  • , Josephine A Fisher

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Firms are started for a variety of specific purposes, however, the generally accepted view is that firms exist primarily for the maximisation of shareholder value. Recent developments in the economic literature have recognised the importance of the entrepreneur in shaping and developing the firm, however this recognition appears missed in the CSR literature. We propose that a reconceptualisation of the firm from the perspective of the entrepreneur provides an alternative way to consider CSR. This approach shifts the focus of business activity from the goal of profit maximisation to achieving the purpose for which it was conceived. We suggest that this change of focus conceived identified problems with theories of CSR and is applicable to organisations of all kinds.
Original languageEnglish
Title of host publicationPapers of the 13th Australian Association for Professional and Applied Ethics Conference
EditorsStephen Cohen, Karen Bland
Place of PublicationSydney, Australia
PublisherAustralian Association for Professional and Applied Ethics (AAPAE)
Pages1-8
ISBN (Print)0646461974
Publication statusPublished - 2006
EventAAPAE Annual Conference 2006: 13th Annual Australian Association for Professional and Applied Ethics Conference - University of New South Wales, Sydney, Australia
Duration: 12 Jun 200614 Jun 2006

Conference

ConferenceAAPAE Annual Conference 2006: 13th Annual Australian Association for Professional and Applied Ethics Conference
CitySydney, Australia
Period12/06/0614/06/06

Keywords

  • Business and Management

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