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Adam Smith: His continuing relevance for contemporary management thought

Atal, M. R., Riach, K. , Smith, C. and McMaster, R. (2024) Adam Smith: His continuing relevance for contemporary management thought. European Management Journal, 42(1), pp. 4-10. (doi: 10.1016/j.emj.2024.01.005)

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Abstract

This “Reflections on Europe” marks the end of the tercentenary of Adam Smith's birth as an opportunity to consider the relevance of his work beyond the epithet of “founding father of Economics.” Recognising the limited attribution his analysis has had thus far – at least explicitly – in modern management commentary, we discuss three themes in his work – labour relations, business ethics, and inequality – that are also germane to contemporary organizational thinking: labour relations, business ethics, and inequality. In exploring how a Smithian lens affords a generative opportunity for advancing insight and debate around European management thought, we invite future scholars and practitioners to further engage with his ideas as a means of understanding business as inextricably economic, social, political, and moral.

Item Type:Articles
Additional Information:The writing of this paper was supported by John Templeton Foundation Grant #6266: “Smith@300: Celebrating Adam Smith as Scholar, Educator, and Citizen.”
Status:Published
Refereed:No
Glasgow Author(s) Enlighten ID:Atal, Dr Maha Rafi and McMaster, Professor Robert and Smith, Professor Craig and Riach, Professor Kathleen
Authors: Atal, M. R., Riach, K., Smith, C., and McMaster, R.
College/School:College of Social Sciences > Adam Smith Business School > Management
College of Social Sciences > School of Social and Political Sciences > Politics
Journal Name:European Management Journal
Publisher:Elsevier
ISSN:0263-2373
ISSN (Online):1873-5681
Published Online:21 January 2024
Copyright Holders:Copyright © 2024 The Authors
First Published:First published in European Management Journal 42(1):4-10
Publisher Policy:Reproduced under a Creative Commons License

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