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'The Functions of the Executive' at 75: An Invitation to Reconsider a Timeless Classic

Author

Listed:
  • Mahoney, Joseph T.

    (University of IL)

  • Godfrey, Paul

    (Brigham Young University)

Abstract

The year 2013 marks the 75th anniversary of the publication of Chester I. Barnard's classic, 'The Functions of the Executive', a groundbreaking contribution to management theory. We maintain that Barnard's work provides a valuable perspective on the causes and potential solutions to challenges facing capitalism, business, and management consequent to the scandals and financial crises of the early 21st century. We suggest that Barnard would see a systemic failure of the moral dimension of organization as a driver of these crises. We look back on 'The Functions' and provide a review of key elements of Barnard's theory of organization. We then look forward from 'The Functions' and see unique insights and solutions into the ongoing challenges of managerial morality.

Suggested Citation

  • Mahoney, Joseph T. & Godfrey, Paul, 2014. "'The Functions of the Executive' at 75: An Invitation to Reconsider a Timeless Classic," Working Papers 14-0100, University of Illinois at Urbana-Champaign, College of Business.
    • Handle: RePEc:ecl:illbus:14-0100
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    File URL: https://www.business.illinois.edu/Working_Papers/Abstract.asp?PaperID=14-0100
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    Cited by:

    1. Mauricio Andrés Latapí Agudelo & Lára Jóhannsdóttir & Brynhildur Davídsdóttir, 2019. "A literature review of the history and evolution of corporate social responsibility," International Journal of Corporate Social Responsibility, Springer, vol. 4(1), pages 1-23, December.
    2. Valentinov, Vladislav & Roth, Steffen, 2022. "Chester Barnard’s theory of the firm: An institutionalist view," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 56(3), pages 707-720.

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