Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/264991 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Economic Issues [ISSN:] 1946-326X [Volume:] 56 [Issue:] 3 [Publisher:] Taylor & Francis [Place:] Abingdon [Year:] 2022 [Pages:] 707-720
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
Chester Barnard’s work can be shown to contain subversive elements which accord with the spirit of institutionalist scholarship. Barnard saw corporations as systems of power whose sustainability must be backed by moral resources which are becoming increasingly scarce today. This vision suggests that the core role of corporations may be found to be in mobilizing power and morality needed to maintain social cooperation. Even though Barnard failed to develop an adequate critique of corporate power and business enterprise, he advanced a set of innovative concepts which illuminate the contribution of corporations toward the coordination of the social provisioning process.
Subjects: 
Chester Barnard
morality
power
sustainability
theory of the firm
JEL: 
A13
D21
M14
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

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