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Value Creation And The Internal Goods Of Business, Caleb Bernacchio, Robert Couch
Value Creation And The Internal Goods Of Business, Caleb Bernacchio, Robert Couch
College of Business Faculty Publications and Presentations
In his early work, Moore argues that business itself was a MacIntyrean practice. He later rejected this view in response to criticisms from Beadle and others. Most subsequent work, including that of Moore, adopted a view of organizations, including firms, as institutions that house a core practice. We first recount Moore’s early view, defend and it from various criticisms. We then briefly review research in management and finance arguing that this research supports a view of business consonant with Moore’s early view. Thus, we argue that business is a distinct practice that integrates various productive and auxiliary practices to facilitate …