The newly developed market‐oriented system in Hungary requires new values, different abilities, and more sensitivity to a wide variety of issues on the part of corporate leadership. The nature of these values and abilities will more than likely vary depending on the industry. The purpose of...

Purpose – In anticipation of the demands of its constituents, management schools have to deal with the dual challenge facing management education: the challenge of relevance, in particular to integrate the subject of corporate social responsibility (CSR) into the management curriculum, and the...

Purpose – This paper set out to explore the potential for business leaders to do good in a way that is fully integrated with their organisational objectives and their personal purpose. In light of major issues confronting society, including environmental fragility, financial vulnerability and...

Purpose – This paper seeks to provide an approach to analyze the causes of the current financial crisis. Following classic guidelines of Catholic social thought, it aims to show how personal virtues may have prevented it. Design/methodology/approach – This is a practitioner paper summarizing...

Purpose – This paper aims to look at the development of economic theory into what Aristotle called a “theoretical science” and the subsequent rejection of practical wisdom. Since business education is largely based on economic theory, this has an effect on management and other business...

Purpose – The purpose of this paper is to explore the opportunities of using halal regulation and certification as a mechanism for applying Islamic business ethics in contemporary world. Design/methodology/approach – The current practices of halal regulation and certification and literature...

Purpose – The purpose of this paper is to present innovative strategies to promote sustainability‐focused education, in a case study of a multi‐institutional program designed to prepare students for management positions in global apparel and footwear companies. The program is unique in...

Purpose – The purpose of this paper is to develop and present the concept of corporate supply chain responsibility (CSCR). CSCR provides a guide for developing a mutually beneficial relationship between firms and suppliers. Moreover, some interesting research propositions are developed which...

In a growing atmosphere of mistrust of many transnational corporations, there is a recognized need for holding them accountable. The world community has often been betrayed by corporations which make decisions affecting the lives of many, but concentrate the power of decision making in the hands...

This paper introduces the concept of business diplomacy as a way to implement values‐based, ethical leadership. Drawing on the Japanese concept of kyosei, business diplomats take responsibility for themselves and others and treat people with respect and kindness while they simultaneously...