The purpose of this article is to develop an ordonomic conceptualization of corporate citizenshipand new governance that (a) provides a framework for positively explaining thepolitical participation of companies in new governance processes and (b) does not weakenbut instead strengthens the...

Dieser Beitrag skizziert eine „conceptual history“ der modernen Gesellschaft. Er unterscheideteine malthusianische Stagnationsphase und eine postmalthusianische Wachstumsphaseder Weltwirtschaftsgeschichte und entwickelt anhand eines Modells zur Interdependenzwirtschaftlicher und politischer...

The purpose of this article is to develop an ordonomic conceptualization of corporate citizenshipand new governance that (a) provides a framework for positively explaining thepolitical participation of companies in new governance processes and (b) does not weakenbut instead strengthens the...

The petroleum industry is confronted with severe deficits in the institutional framework forglobal business. In order to fill the gap, companies react with voluntary commitments toecological, social and governance standards. This study analyses a broad variety of BestPractice projects in order...

This paper argues that the perspective of ordonomic—a rational-choice based analysis of (interdependencies between) social structure and semantics—can provide new insights into the changing role of business in society. We claim (a) that the proper role of business is societal value creation,...

At the start of 2007, the newly founded academic network of the United Nations Global Compact (GC) assigned an international task force to work out guidelines for integrating the GC principles into university management education in business ethics. The results of this task force were given to...

The United Nations Global Compact (GC) is an international learning network thatlinks companies with United Nations agencies, labour and civil society. Neither aregulatory regime nor a voluntary code of industry conduct, it is a unique contribution to the process of global governance, where the...

Empirically, responsibility is a concept increasingly made use of in order to address societal issues. At the same time, it is a concept mainstream economics has, so far, hardly touched on. The paper shows that the application of economic reasoning to the responsibility concept can instruct a...

Based on economic ethics, this paper reflects on and aims to improve the semantics of responsibility. The traditional concept of responsibility is threatened with erosion when responsibility is attributed to an actor who is unable to exercise individual control over the outcome of his actions....

Economic ethics is a research program that employs instruments of economic analysis in order to reflect upon problems of morality, e.g. the legitimization of market and state in shaping individual conduct. From the perspective of economic ethics, this paper examines the concept of social...