Business Organizations, Trustee Grant
| Aspen Institute New York, NY 10016 |
$355,000 |
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| The team production model of the corporation developed by Margaret Blair and Lynn Stout appears to be a compelling alternative to the “principal agent” and shareholder primacy models that for many years have not only dominated corporate law scholarship but also much of the business school curriculum. Other models that have been advanced, such as stakeholder theory, have not been able to challenge the dominance of the traditional models whose proponents are often from the mainstream disciplines of finance, accounting, business law, and economics. A 2003 grant to the Aspen Institute supported initial efforts to test the feasibility of bringing the team production model into the business school. Twenty-nine faculty members from the mainstream business school disciplines were interviewed in depth and participated in a special workshop with Blair and Stout. They expressed high interest in having teaching materials that would help them incorporate aspects of the team production model in their courses and expressed confidence in Aspen’s plan to bring these ideas and materials to the attention of and use by other business school faculty. With this new grant, the Aspen Institute Business and Society Program will involve about 25 leading business school faculty members in developing cases and other materials for teaching team production and testing them in their courses. They will conduct focus groups, arrange presentations at key academic meetings, and make these materials readily available on the internet via Caseplace.org, a website designed to facilitate curricular change in business schools. Project Director: Judith F. Samuelson, Executive Director, Initiative for Social Innovation through Business. | |
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| Business Organizations, Officer Grants | |
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| Brooklyn Law School Brooklyn, NY 11201 |
$20,000 |
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For a symposium to share insights from law, social psychology, and sociology on corporate misbehavior. Project Director: Lawrence M. Solan, Professor of Law. |
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| Kent State University Foundation, Inc. Kent, OH 44242 |
$45,000 |
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To support research and analysis of government investments in for-profit business organizations and their implications for the concept of “fair exchange” legislation. Project Director: Professor John Logue, Department of Political Science; Director, Ohio Employment Ownership Center. |
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