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Critical challenges in the emerging global managerial order

Murphy, Jonathan Richard 2006. Critical challenges in the emerging global managerial order. Critical Perspectives on International Business 2 (2) , pp. 128-146. 10.1108/17422040610661307

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Abstract

Purpose – The purpose of this article is to contribute to the discussion on criticality in international business by proposing an interconnection between organizational managerialism and the construction of a global managerial order. Design/methodology/approach – Explores the theoretical divide within critical management studies and the challenge provided to theory by internationalization/globalization. Using the case study of the World Bank, examines its organic drive to global governmentality. Examines relevance of C. Wright Mills's theory of the power élite to the advent of a global managerial élite. Findings – Neither purely realist nor constructivist accounts offer an adequate framework for critical study of international business. Using an approach acknowledging the interweaving of materiality and discourse in construction of a global order, argues that transnational institutions, including the World Bank, play a key role in implementing networked global managerialism. Updates critical élite theory to accommodate globalization and the rise of organized civil society. Research limitations/implications – Further challenges include mapping global managerial élites and their interconnections. Practical implications – Critical management researchers should pay more attention to the interconnection between organization-based theories of control and broader human systems. Originality/value – Contributes to the application of theories of managerial control beyond the intra-organizational context.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Uncontrolled Keywords: Globalization; International organizations; Management power
Publisher: Emerald
ISSN: 1742-2043
Last Modified: 10 Oct 2017 14:46
URI: https://orca.cardiff.ac.uk/id/eprint/39226

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