This article discusses how the theoretical perspective of ordonomics provides a framework for better understanding and advancing the practice of social entrepreneurship. From an ordonomic perspective, the concept of social entrepreneurship offers a semantic innovation (at the ideas level) whose...

'Ordonomics' is a research program that has been developed at the Chair of Economic Ethics at Martin Luther University Halle-Wittenberg. It holds that business actors (persons and organizations) can employ morality as a 'factor of production', and that business ethics can be based on a specific...

Die Ankündigung des Siemens-Konzerns, trotz insgesamt guter Gewinnlage Arbeitsplätze in strukturschwachen Regionen Ostdeutschlands abzubauen, wurde quer durch das politische Parteienspektrum von namhaften Politikern skandalisiert. Meine wirtschaftsethische Reflexion dieses Falls tritt der...

While research on alternatives to growth at the level of the economy as a whole is accumulating, few studies have related the criticism of growth to the business level. This paper starts to address this gap by investigating mechanisms of growth for small and medium sized enterprises (SMEs),...

This article discusses how the theoretical perspective of ordonomics provides a frameworkfor better understanding and advancing the practice of social entrepreneurship.From an ordonomic perspective, the concept of social entrepreneurship offers a semanticinnovation (at the ideas level) whose...

Little is known about the relationship between family firms and their employees. This paper aims to close this gap. We distinguish between family management and family ownership as two dimensions of family firms and analyze their respective influence on downsizing. Our findings show that family...

Dieser Beitrag wägt Vorteile und Nachteile verschiedener Flexibilisierungsstrategien ab, die der Stabilisierung des Beschäftigungsniveaus dienen. Insgesamt zeigt sich, daß Arbeitszeitflexibilisierung durch Arbeitszeitkonten alternativen - kurzfristig ausgerichteten - Anpassungsmechanismen aus...

The presented paper proves that working time arrangements, which include hours flexibilityand enable hours deposits, are appealing under product market uncertainty. The modelintegrates efficiency wage arguments into an implicit insurance-contract environment, thusextending the existing...

This paper addresses the key determinants of merger failure, in particularthe role of innovation (post-merger performance) and technology (ex-anteselection) when firms decide to separate. After a brief review of the existingliterature we introduce a model of process innovation where merged...

The purpose of this study is to extend the current understanding of business divestiture by investigating its potential for triggering strategic reorientation. A divestiture involving strategic reorientation is here denoted as a strategic business exit, otherwise it is a status...