Heterogeneous and diverse ownership have implications on how companies are governed in the 21st century. Differing shareholder goals should be taken into account when making recommendations or setting policy.
As firms are communities of people with a shared purpose, they require cooperation to yield not only economic results but also the development of people’s knowledge, abilities, values and virtues.
Spanish employees find the firms they work for wanting in important indicators of values and excellence, and report low levels of satisfaction and identification with their places of business.
Economist Antonio Argandoña cautions that “not too bad” isn’t the same as “good,” in terms of the Spanish economic situation.
“The situation right now is very favorable, and to a great extent justifies the optimism that seems to characterize every opinion about the economy – quite the opposite of how we felt about it at this time last year,” according to Juan José Toribio, emeritus professor of economics at IESE.
Lest business in general be tarred with the same brush as the financial system whose shortcomings have been notorious at least since the financial crisis, we share some of Robert P. George’s reflections on the role of “Business in a Decent and Dynamic Society”.
The First International Conference of Humanist Economics, held in April in Madrid, encouraged businesses to get ‘Back to Basics,’ and apply the golden rule within the corporate environment for the benefit of all.
Samuel Gregg (Research Director at Acton Institute) expands on his latest book 'For God and Profit: How Banking and Finance Can Serve the Common Good' for STI. Gregg has participated in three STI Experts Meetings and two resulting publications.
STI Expert John D. Mueller, Director of the Economics and Ethics Program of the Ethics and Public Policy Center (EPPC), recently gave this lecture in Budapest about his book 'Redeeming Economics'.
STI Expert Nuria Chinchilla has written an informative forward to the just-published English translation of a business management classic: 'Foundations of Management'.
STI President Carlos Cavallé spoke to a conference of international business-owners and executives at the Financial Club of Jakarta on “Experiences of the EU Project That Can Be of Interest to the Business Community and Governments of SEA Countries".
STI Chairman, Carlos Cavallé, reflects on the timeless foundations of business, business management and business management education. From his introduction to 'Rethinking Business Management'…
Antonio Argandoña (Rethinking Business Management), who has been honored with the Ramón Mullerat prize for his career achievements in the dissemination of Corporate Social Responsibility, shares his thoughts on “Virtues in Management.”
STI founder Carlos Cavallé shared this interview with IESE's magazine Seven Days, in its July 21, 2014 edition. Professor Cavallé was dean of IESE Business School for 17 years. He has been professor emeritus at IESE since 2003.