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O ekonomické odpovědnosti
[A Word of Economic Responsibility]

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  • Václav Klusoň

Abstract

The article deals with socio-economic aspects of responsible behaviour of owners, entrepreneurs and managers in practice of economic transformation. As the starting point of defining the concept of responsibility serves the elaboration of basic theoretical economic, juristic, philosophical and ethical approaches. The validity of the hypothesis that private owner is invariably the responsible owner is examined. The article argues, that social responsibility isn't the bare result of private property and that it heavily depends on appropriate institutions. The study proceeds to the institution of liability as realized in basic forms of business organizations. The liability is studied and viewed upon as a constitutive element of the market order. The responsibility is examined in the framework of rights and liabilities of entrepreneurs, partners, shareholders, managers and directors of corporations and business organizations.

Suggested Citation

  • Václav Klusoň, 2005. "O ekonomické odpovědnosti [A Word of Economic Responsibility]," Politická ekonomie, Prague University of Economics and Business, vol. 2005(4), pages 435-458.
    • Handle: RePEc:prg:jnlpol:v:2005:y:2005:i:4:id:516:p:435-458
    DOI: 10.18267/j.polek.516
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    References listed on IDEAS

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    1. Hodgson, Geoff, 1986. "Behind Methodological Individualism," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 10(3), pages 211-224, September.
    2. J. Maurice Clark, 1916. "The Changing Basis of Economic Responsibility," Journal of Political Economy, University of Chicago Press, vol. 24(3), pages 209-209.
    3. Dell P. Champlin & Janet T. Knoedler, 2004. "J. M. Clark and the Economics of Responsibility," Journal of Economic Issues, Taylor & Francis Journals, vol. 38(2), pages 545-552, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    shareholder; ethics; entrepreneur; responsibility; liability; partnership; corporation; cooperative; owner; proprietor;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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