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Full-Text Articles in Law

John Paul Ii And Employee Participation In Corporate Governance, Michael Lp Lower Jan 2008

John Paul Ii And Employee Participation In Corporate Governance, Michael Lp Lower

Michael LP Lower

Catholic Social Thought ("CST") has called for employees to be active participants in the governance of the enterprises for which they work. This article looks at what CST has to say about employee participation. It shows that John Paul II's distinctive contribution was to lay bare the theological and philosophical justifications for CST's approach to this issue.


Christian Anthropology And The Theory Of The Firm, Michael Lp Lower Jan 2008

Christian Anthropology And The Theory Of The Firm, Michael Lp Lower

Michael LP Lower

Catholic social thought (CST), a branch of moral theology, reflects Christian anthropology (an understanding of human nature that draws on Revelation and natural law theory). CST's understanding of what communities (such as the corporation) are for and how they can best achieve their ends are coloured by its anthropological underpinnings. The same, it is argued, is true for economic theories such as the theories of the firm based on Coase. This paper compares Christian anthropology with the implicit anthropology underpinning some of the dominant economic theories of the firm. Differences at this level go a long way to explaining mismatches …