Teaching Business Management from a perspective beyond self-interest

Profound reflection is currently being made in academic circles upon the principles which have long been the basis of economic theories in the teaching of business management. Amidst the issues discussed is the concept of human nature driven primarily by self-interest. Profit maximization and govern...

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Bibliographic Details
Main Authors: Roberto Fernández-Gago, Almudena Martínez-Campillo
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2012-12-01
Series:Innovar: Revista de Ciencias Administrativas y Sociales
Subjects:
Online Access:http://www.caoni.be/index.php/innovar/article/view/39349
Description
Summary:Profound reflection is currently being made in academic circles upon the principles which have long been the basis of economic theories in the teaching of business management. Amidst the issues discussed is the concept of human nature driven primarily by self-interest. Profit maximization and governance mechanisms in order to protect shareholders’ interests have become the essence of all good business practice. The present paper proposes a change in direction towards a wider and more realistic perspective with regards to the individual’s values within the sphere of the teaching of business management.
ISSN:0121-5051
2248-6968