The starting point of this paper is the need to promote a people-centred corporate social responsibility framework in a context where many human needs and rights remain unsatisfied and where businesses may have both a positive and a negative impact on the quality of life of human beings today and tomorrow and may even lead to irreversible damage. Our normative definition of CSR is consistent with the criteria established by the EU Commission in 2011. We conceive CSR as a responsibility (...) towards human development in two complementary ways: a holistic responsibility shared by companies together with other actors to safeguard humanity and a direct liability of each company for its impact on stakeholders' capabilities. We apply Nussbaum's list of central capabilities and concept of thresholds to specify the nature and extent of corporate responsibilities towards employees, subcontractors, investors, customers, and humanity as a whole. In addition, we leverage fieldwork in developing and developed countries to analyse the effect of business activities on human capabilities. We demonstrate that by quantifying the impact of businesses' activities on various dimensions of stakeholders' lives, and especially on the most vulnerable ones, these businesses can be held accountable for the negative externalities they produce. (shrink)

In a context of growing environmental challenges, circular economy (CE) business models appear necessary for business to contribute positively to the ecological transition. While platform business models have been identified as a new and promising model in CE, we still lack a fine-grained understanding of the critical capabilities involved in developing and scaling them. To fill this gap, we build on a single case study of Phenix, a French-based fast-growing start-up in the food industry, tackling the issue of food waste. (...) We identify three core managerial capabilities involved in the successful scaling of Phenix's business model. In addition to ecosystem orchestration capabilities, we identify two types of ambidextrous capabilities – forms of ambidexterity operating both at the organizational and at the institutional level. Our analysis highlights the importance of considering these capabilities in a bundle as they collectively contribute to the performance and scaling potential of the business model. We also call for an increased consideration of the role of institutional factors in shaping opportunities to design and scale profitable business models. (shrink)

With the creation of the legal status of “benefit corporations,” mission-led companies have been developing since 2010 in the United States, but also in the United Kingdom, Italy, and recently France. Shareholders of mission-led companies define a social, scientific, or environmental mission for their companies in addition to the pursuit of profits. Given this specific characteristic, these companies seem more likely than traditional firms to serve human flourishing in an authentic way. But are these legal forms and strategic objectives sufficient? (...) This article builds on Aristotelian virtue ethics and the concept of the “good life” to identify necessary conditions to build a mission-led approach to firms that can truly humanize the economy. We explain mechanisms through which the mission-led approach may provide an essential lever for humanization for the individual person, the company, its industry, and the broader economy. We also identify several factors that may limit or prevent the mission company's ability to contribute to the good life. This conceptual article is inspired by the context of the emergence of mission companies in France since 2019, which has led many companies to question their purpose and their mission towards society and their mission's implementation. (shrink)

This paper provides a conception and qualitative analysis of a recent innovative pedagogical experience, a two-week program called “Understand and Change the World”, which is designed to help business schools generate an impetus towards change within students, faculty, and administrators and more generally to the institution’s systemic sustainable capability. We argue that harnessing the ends rather than the means is the key to meeting sustainability challenges within business schools. The conceptual basis of our program provides broad avenues for business school (...) pedagogy. The pedagogy relies on students’ sense of meaning and practical wisdom to raise empathy, awareness of the common good, and the fundamental relevance of such empathy and awareness for the business world. This implies taking a step back from the traditional instrumental approach to business education and, more broadly, to careers and business. (shrink)

Cet article propose une réflexion sur la protection des capacités au travail à partir de Martha Nussbaum. Sa visée est de penser les conditions institutionnelles de l’accès aux capacités, dans le cadre du travail, en mettant en évidence les points de tension entre l’approche des capacités et d’autres approches libérales, contractualiste ou utilitariste, qui structurent l’organisation du travail dans la société de marché. Libérale d’un point de vue politique dans la lignée d’Emmanuel Kant, tout en s’intéressant comme Aristote et à (...) Karl Marx à la question des seuils et des libertés substantielles, Nussbaum permet de souligner dans le même temps les tensions qui traversent le travail contemporain et les conditions d’un développement humain au travail à partir d’une liste de capacités centrales et d’un seuil d’accès aux ressources nécessaires pour les mettre en œuvre. L’article s’appuie sur cette approche des capacités et la théorie de la justice de Nussbaum pour analyser les limites du droit, souligner les logiques institutionnelles qui conditionnent l’accès aux capacités au travail, et de distinguer les responsabilités collectives vis-à-vis du développement humain au travail. (shrink)