Marking Their Own Homework: The Pragmatic and Moral Legitimacy of Industry Self-Regulation

Marking Their Own Homework: The Pragmatic and Moral Legitimacy of Industry Self-Regulation
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DOI:
10.1007/s10551-017-3635-y
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发表时间:
2019-04-01
影响因子:
6.1
通讯作者:
Bowen, Frances
Bowen, Frances
中科院分区:
管理学2区
文献类型:
--
作者:
Bowen, Frances

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什么时候行业自律(ISR)是一种合法的治理形式?原则上,ISR可以服务于参与公司、监管机构和其他利益相关者的利益。然而,在实践中,经验证据表明,ISR计划往往表现不佳,导致批评称,此类计划等同于企业给自己的家庭作业打分。对此,本文解释了当前关于ISR的管理理论未能将基于自利计算的ISR的实用正当性与基于规范认可的道德正当性分开。本文追溯了关于ISR的三个管理理论家族,并用这些家族来映射ISR计划的实用和道德合法性。它确定了ISR计划的实用和道德合法性之间的紧张关系,目前的ISR文献没有解决这一问题,并得出了对未来ISR的理论和实践的影响。
When is industry self-regulation (ISR) a legitimate form of governance? In principle, ISR can serve the interests of participating companies, regulators and other stakeholders. However, in practice, empirical evidence shows that ISR schemes often under-perform, leading to criticism that such schemes are tantamount to firms marking their own homework. In response, this paper explains how current management theory on ISR has failed to separate the pragmatic legitimacy of ISR based on self-interested calculations, from moral legitimacy based on normative approval. The paper traces three families of management theory on ISR and uses these to map the pragmatic and moral legitimacy of ISR schemes. It identifies tensions between the pragmatic and moral legitimacy of ISR schemes, which the current ISR literature does not address, and draws implications for the future theory and practice of ISR.