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The Corporation as Actual Agreement

Published online by Cambridge University Press:  23 January 2015

Gordon G. Sollars
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Abstract:

In contrast to “social contract” theories of the corporation, a moral justification of the corporation as actual, not hypothetical, agreement is presented. Central to the justification is the idea of personal projects, as developed by Loren Lomasky. The key idea is the role that corporations can play in the construction and advancement of personal, value-creating projects. The concept of the corporation as actual agreement, as a type of “right of association” theory, is defended against influential criticism of such theories by Thomas Donaldson.

Type
Articles
Information
Business Ethics Quarterly , Volume 12 , Issue 3 , July 2002 , pp. 351 - 369
Copyright
Copyright © Society for Business Ethics 2002

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