Dieser Artikel entwickelt einen ordonomischen Beitrag zur Corporate Governance in und durch Unternehmen. Den Ausgangspunkt markiert die unternehmensethische Über-legung, dass sich die gesellschaftlichen Rahmenbedingungen für unternehmerische Wertschöpfung auf Märkten in einem grundlegenden...

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

How does a board of directors decide what is right? The contest over this question is frequently framed as a debate between shareholder value and stakeholder rights, between a utilitarian view of the ethics of corporate governance and a deontological one. This paper uses a case study with...

This doctoral dissertation examined the legal liabilities of credit rating agencies (CRAs) in providing credit ratings of collateralized debt obligations (CDOs), which are pointed to cause the current financial crisis. Until now, CRAs abused the favorable legal and regulatory environments of...

The definition of social responsibility has often changed over the time. Differences in the economies of the United States of America (USA) and Europe have a strong impact on the social responsibility and stakeholders' expectations from socially responsible business (SRB). The economic sector of...

This is a PPT presentation connecting the emerging field of behavioral ethics to corporate governance in a concise and practical way. Key takeaways are that: 1. We tend to overestimate our ethical behavior; 2. Most of the wrong things are done by good people due to contextual pressures and...

The research question for this paper is to identify how some widely accepted governance practices are not necessarily consistent with the objectives of good governance. One reason is that there is little agreement as to what are the objectives of generic good governance, be it in the public,...

This essay on Corporations is a chapter in an upcoming volume on economic theology edited by Stefan Schwarzkopf.The secular study of corporations has long regularly focused on three sets of concerns: (1) Is the idea of corporate “personhood” only a convenient shorthand for a complex set of...

This paper examines the association between board characteristics and the ethical reputation of financial institutions. Given the pivotal governance role of the board of directors and the value-relevance of ethical corporate behavior, we postulate a positive relationship between ethical...