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,...

The world of multinational enterprises is changing dramatically. Their complex and dynamic international context presents them with special challenges--threatening their survival on one hand, and presenting them with unprecedented opportunities on the other. In this volume, international experts...

Passion - in the sense of fervent commitment to action - and compassion - understood as sensitive openness for social and ecological concerns - are not a sure formula for business success. Whether social or ecological entrepreneurs, who find themselves under pressure from market competition,...

"While the concept and domain of Corporate Social Responsibility (CSR) is not new - its beginnings can be tracked back to the 1960s - its scope, urgency, and relevance have shifted dramatically in recent years. CEO responses show that the majority of business leaders understand that they operate...