First Page
563
Abstract
Hypergoals are a set of specifiable goals applicable to all publicly-owned, for-profit corporations independent of their purpose, type, business, or legal governance. The identification of hypergoals should be limited to those factors for which a plausible empirical case can be made concerning their role as essential foundations for efficient business interaction. In the context of hypergoals, corporations have a role to play in working toward global, sustainable peace. In working toward the hypergoal of sustainable peace, corporations must attend to two tiers: an immediate, short-term orientation to foster solidarity with local populations in which the corporation works and a longer-term orientation to abide by the specific norms that have been linked to sustainable peace. A framework of corporate decision strategies for dealing with issues such as the violence associated with the distribution of conflict diamonds is presented. Traditional strategies include the Corporate Imperalist, the Corporate Chameleon, the Corporate Nationalist, and the Corporate Opportunist. The model of the Adapted Firm, which would pursue certain identified hypergoals, would better face the challenges posed by conflict diamonds than would other models.
Recommended Citation
Thomas W. Dunfee and Timothy L. Fort,
Corporate Hypergoals, Sustainable Peace, and the Adapted Firm,
36 Vanderbilt Law Review
563
(2021)
Available at: https://scholarship.law.vanderbilt.edu/vjtl/vol36/iss2/7