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The increase in economic inequality—within and between organizations and countries—reduces overall well-being, societal trust, safety, and mental health. The emphasis on shareholder wealth maximization is an important contributor to economic inequality, because it works to maximize the economic resources distributed to shareholders and executives, and minimize the resources distributed to other stakeholders (e.g., employees, governments, community, suppliers). In addition to shareholder wealth maximization, this paper highlights "the bidirectional relationship between societal economic inequality and organizations, and eight mechanisms that drive this relationship." Bapuji, H., Ertug, G., & Shaw, J. D. (2019). Organizations and Societal Economic Inequality: A Review and Way Forward. Academy of Management Annals. 
3 Comments
3/1/2022 01:23:41 am
It got me when you said that inequality can affect safety and mental health. This is helpful because my husband and I want to help our community. We are hoping to find a social inequality organization tomorrow morning that can advise us on how to donate and promote a just society. Leave a Reply. |
Bruno DyckBruno is an organizational theorist at the University of Manitoba. He loves being a management professor, scholar and teacher. Archives
April 2020
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BRUNO DYCK
Bruno Dyck enjoys collaborating with managers, scholars, and students to promote SET management principles and practices. He is a Full Professor in the Asper School of Business at the University of Manitoba, and has published several prize-winning books and articles, and won awards for research and teaching, including the 2019 Expanded Reason Award. Bruno enjoys cycling to work year-round, becoming a vegetarian, buying local goods and services, hiking, and spending time with family and friends.
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DAVID HOLCOMB
David Holcomb has assisted in the launch of this website -- developing ideas in conversation with Bruno and turning those ideas into reality. For the past 35 years, business for the common good has been one of David's vocational anchors. He has completed graduate work in both business and theological studies and has worked in both fields. Currently David resides with his family in Milwaukie, Oregon, where he serves as the Director of Finance and Operations with a local non-profit.
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