Theranos: Who Has Blood on Their Hands?
Citation:
Hsieh, Nien-he, Christina R. Wing, Emilie Fournier, and Anna Resman. "Theranos: Who Has Blood on Their Hands?" Harvard Business School Case 619-039, February 2019. View Details|
Chapter Corporations and Citizenship 2014 Can For-Profit Corporations Be Good Citizens? Perspectives from Four Business Leaders |
Abstract
This chapter serves an epilogue, turning to ask practitioners how they would answer the question, "Can for-profit corporations be good citizens?" In reflecting on their answers, the chapter puts forward an account that grounds the purpose and responsibilities of for-profit corporations in their role in enabling productive activity that allows members of society to meet their needs and wants. This account is contrasted with prevailing accounts in scholarly literature (e.g., shareholder primacy and stakeholder theory) that frame corporate purpose and responsibility in terms of whose interests the corporation is meant to serve. One area of comparison concerns a central activity of citizenship, which is participation in the political and legislative processes.
Citation:
Hsieh, Nien-he. "Can For-Profit Corporations Be Good Citizens? Perspectives from Four Business Leaders." Chap. 16 in Corporations and Citizenship, edited by Greg Urban. Philadelphia: University of Pennsylvania Press, 2014.
