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The Common Good of the Firm in the Aristotelian-Thomistic Tradition

Published online by Cambridge University Press:  23 January 2015

Alejo José G. Sison  and
Joan Fontrodona
Alejo José G. Sison
Affiliation:
University of Navarre
Joan Fontrodona
Affiliation:
University of Navarre
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Abstract:

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This article proposes a theory of the firm based on the common good. It clarifies the meaning of the term “common good” tracing its historical development. Next, an analogous sense applicable to the firm is derived from its original context in political theory. Put simply, the common good of the firm is the production of goods and services needed for flourishing, in which different members participate through work. This is linked to the political common good through subsidiarity. Lastly, implications and challenges arising from the positing of work as the common good of the firm are explored.

Keywords

virtuecommon goodbusiness ethicstheory of the firmjustice
Type
Special Issue: Reviving Traditions: Virtue and the Common Good in Business and Management
Information
Business Ethics Quarterly , Volume 22 , Issue 2 , April 2012 , pp. 211 - 246
Copyright
Copyright © Society for Business Ethics 2012

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