Meaningful work and the purpose of the firm

This paper argues in favor of the end user thesis, which holds that the fundamental goal of the firm is to create products and services that provide a benefit to the people who ultimately use them. The argument turns on the interest that employees have in work that is meaningful, in the sense that i...

Full description

Saved in:  
Bibliographic Details
Main Author: Silver, David (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2023
In: Journal of business ethics
Year: 2023, Volume: 185, Issue: 4, Pages: 825-834
Further subjects:B Purpose of the Firm
B Meaningful Work
B Social Contract Theory
B Aufsatz in Zeitschrift
Online Access: Volltext (lizenzpflichtig)
Volltext (lizenzpflichtig)
Description
Summary:This paper argues in favor of the end user thesis, which holds that the fundamental goal of the firm is to create products and services that provide a benefit to the people who ultimately use them. The argument turns on the interest that employees have in work that is meaningful, in the sense that it is an activity worth spending time doing. I argue that a person’s life is diminished to the extent that work constitutes a central feature, but is not meaningful in this way. I argue further that an employee’s work is fully worth doing only if her fundamental aim is to provide a benefit to the people who ultimately use what she produces, and that this is not possible within an organization that aims to maximize profits. The paper concludes by considering arguments that the efficiency gains generated by assigning the firm the goal of profit-maximization justify structuring the firm in a way that does not enable employees to have work that is fully worth doing.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-023-05342-y