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Elements of a theory of the responsible firm
Manage episode 451872500 series 3380021
LSE Film and Audio Team, London School of Economics, and Political Science द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री LSE Film and Audio Team, London School of Economics, and Political Science या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Contributor(s): Professor Patrick Bolton | Patrick Bolton will be talking on the topic of Elements of a Theory of the Responsible Firm. The lecture will begin with a short review of economic theories of the firm, pointing out that although all the economic theories see the firm as an institutional response to improve on market and contractual inefficiencies, they ignore the problem of the economic responsibility of firms in a world of market inefficiencies, externalities, and government failures. Professor Bolton will then turn to a discussion of the meaning of economic responsibility, its relevance, and practical implications for firms, by drawing on some key readings from management, law, and philosophy.
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