Capitalism, Cronyism, and Management Scholarship: A Call for Clarity

Peter G. Klein, Michael Holmes Jr., Nicolai J. Foss, Siri Terjesen, Justin Pepe

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Capitalism, characterized by by private ownership, coordination through markets, and decentralization, is blamed for a variety of economic, environmental, and social ills. These critiques often confuse capitalism with cronyism, a system of government favoritism toward particular firms. We show how this confusion harms management research, teaching, and practice.  
TidsskriftAcademy of Management Perspectives
StatusUdgivet - 25 jun. 2021
Udgivet eksterntJa

Bibliografisk note

Epub ahead of print. Published online: 25. June 2021