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Alternative Institution Building as Ethics Action Strategy

Richard P. Nielsen & E Hood

Business and Professional Ethics Journal2025https://doi.org/10.5840/bpej20251113179article
AJG 1ABDC C
Weight
0.50

What the paper says

This article offers a further extension of Albert Hirschman’s very generative EVL theoretical framework with respect to how alternative institution building as ethics action strategy can help solve structural problems. Alternative institution building is particularly applicable in situations where actors perceive that there is no place to exit to within their accessible fields. The article also explains how Hirschman’s “possibilist,” inductive, action-learning, and practitioner problem/solution based epistemology and theory building is different from much of deductive, academic literature gap based theory building and can be particularly appropriate for considering further practitioner problem/solution based extensions and elaborations of Hirschman’s EVL framework. Two examples are discussed: the Vanguard index cooperative mutual fund model; and, the Norwegian natural resources development and ethical investing sovereign wealth model. Implications for theory building in business ethics are considered.

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https://doi.org/https://doi.org/10.5840/bpej20251113179

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@article{richard2025,
  title        = {{Alternative Institution Building as Ethics Action Strategy}},
  author       = {Richard P. Nielsen & E Hood},
  journal      = {Business and Professional Ethics Journal},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.5840/bpej20251113179},
}

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Alternative Institution Building as Ethics Action Strategy

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.