LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

Governing complexity to challenge neoliberalism? Embedded firms and the prospects of understanding new realities

Photo from archive.org

Abstract Many initial assumptions about the appeal of global development and governance have run aground on the shoals of countervailing realities and interests. The overall trend of political despair and… Click to show full abstract

Abstract Many initial assumptions about the appeal of global development and governance have run aground on the shoals of countervailing realities and interests. The overall trend of political despair and disillusionment, the loss of confidence in the markets as a unique arbiter of value creation and distribution, and the marketable appeal of governance best practices seem to have reached their nadir. Management literature has begun to question these issues and to call for a deeper understanding of the dynamics of political, social and corporate change. The question of (corporate) governance is plural and needs multilevel approaches to meet the new challenges of complex realities, especially the pressure of neoliberalism with two central consequences: financialization and globalization of economies. In this reflexive article, we aim to initiate avenues for new thinking at the institutional, corporate and academic levels. Institutional and regulatory frameworks need to be seen as local systems connected internationally and not global systems adapted locally. Theoretical frameworks need to be more integrated to grasp the same phenomena with multiple lenses. Methodological approaches and tools need also to be reinforced mutually to overlay the dichotomic examination of these complex realities.

Keywords: governing complexity; challenge neoliberalism; complexity challenge; embedded firms; neoliberalism embedded; neoliberalism

Journal Title: European Management Journal
Year Published: 2019

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.