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Special All Academy Theme PDW

  • 1.  Special All Academy Theme PDW

    Posted 07-24-2015 10:43
    Do We Gain or Lose by Embracing Stakeholders? Implications for Management Research and Education

    Sunday, August 9, 8:00 am – 10:30 am
    Vancouver Convention Center – West level, room 211
    Session # 523
     
    Please join us for the leadoff All Academy Theme session in this year's conference. An exemplary group of scholars will provide a fascinating discussion of a compelling management issue.
     
    Featured speakers:
    Rajshree Agarwal
    Jay Barney
    Michael Jensen
    Roger Martin
    James Otteson
    Robert Phillips
    John Allison
     
    In both management education and practice the governance pendulum has swung from managerialism, to agency theory, and more recently to a broad embrace of stakeholder theory and approaches. The urgency to embrace stakeholders has grown as a consequence of the financial crisis and perceived managerial indiscretions, the rise of expectations management and short-termism, combined with a stagnant middle class and insufficient wage growth. Critics of business and of traditional business school education point to flaws associated with narrow thinking arising from the agency theory influence. Business schools increasingly extol the virtues of stakeholders over shareholders in for-profit enterprises.
     
    But others believe that, to properly understand and manage the relationship between principled behavior, successful enterprise, human flourishing and a humane and just society, research and business education must devote greater attention – not less – to positive outcomes possible through the efficiency and effectiveness of markets.
     
    These seemingly competing perspectives are brought into sharp contrast by this year's conference theme on Opening Governance. An ever-widening array of stakeholder interests and socially important issues present ever-increasing challenges of coordination, consistency, communication, and control for organizations facing challenging markets and competition. Balancing efforts to accommodate such diverse influences while maintaining strategic focus brings into question the policies, processes, structure, and influences on decision making within the organization.
     
    http://program.aom.org/2015/submission.asp?mode=ShowSession&SessionID=1222
     
    Apologies for Cross-Posting!
     
    Marshall Schminke (University of Central Florida), Moderator
    Page West (Wake Forest University), Moderator