Abstract
Over the last 20 years, an interdisciplinary debate in science and technology studies (STS), political economy, sociology of knowledge and economic geography has started to consider the economic assumptions underlying Western management rationality. Such academic contributions emphasise conceptual problems created by economic assumptions about rationality. At the same time, the highly normative power of economic assumptions challenges society. The case presented here concerns investors from China, India and Russia who acquire well-established companies in the Global North, particularly in Germany. Based on the methodology of structural hermeneutics, the results show how German managers defend their own professional ethics and thereby mobilise different underlying normative economic assumptions about rationality.
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