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Creating Virtuous Humanistic Managers and Organisations with Polycentric Corporate Charters.
- Source :
- Academy of Management Annual Meeting Proceedings; 2023, Vol. 2023 Issue 1, p1447-1447, 1p
- Publication Year :
- 2023
-
Abstract
- This paper explains how the virtue of managers and organizations can be promoted with corporate constitutions that distribute power with polycentric governance as described by Ostrom. It allows paradoxical humanistic behavior described as "tensegrity" to emerge. DNA generates behavioral variety, like approach ~ avoidance, suspicious ~ trusting, cooperative ~ competitiveness, and so on to drive adaption and survival. This can likewise become embedded in organizations with corporate charters that introduce bottom-up stakeholder polycentric governance. The introduction of dynamic humanistic behavior means that the static dominant models reviewed by Meckling & Jensen lose their relevancy. We identify how a self-funding tax incentive for shareholders could introduce both polycentric governances with systemic re-birthing of enterprises over the life of a patent. This neglected process to distribute corporate ownership and control to bioregional citizens creates a process to form circular self-governing economies. A universal well-being dividend income becomes established to sustain all citizens with fewer taxes and government. This provides a way for simplifying on a bottom-up basis the complexity of managing both operating and existential risks to humanity locally and globally. UN SDGs are promoted. Democracy is enriched to self-determine population levels for the eternal well-being of people and the planet. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 21516561
- Volume :
- 2023
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Academy of Management Annual Meeting Proceedings
- Publication Type :
- Conference
- Accession number :
- 173160123
- Full Text :
- https://doi.org/10.5465/AMPROC.2023.13676abstract