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,...

Crowdfunding (CF) in a social entrepreneurship context is praised in narrations for its multifaceted potential - to access much needed financial resources, to gain legitimacy through crowd participation, and to further tap the crowd as a resource for numerous activities of the venture. From an...

International stehen Forderungen im Raum, die betriebswirtschaftliche Ausbildung so auszurichten, dass sie der gesellschaftlichen Verantwortung von Unternehmen einen systematischen Stellenwert beimisst. Der hierfür erforderliche Dialog zwischen BWL und Unternehmensethik kommt jedoch derzeit...

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,...

Written for the Chapman Law Review Symposium on “What Can Law & Economics Teach Us About the Corporate Social Responsibility Debate?,” this Article applies the lessons of public choice theory to examine corporate social responsibility. The Article adopts a broad definition of corporate...

Based on unique data from a representative computer-based survey among financial decision makers in Germany, this paper empirically examines the determinants of socially responsible investments (SRI). Our econometric analysis implies that the perceived financial performance of SRI matters for...

Dieser Artikel formuliert drei Thesen: (1) Viele Projekte, mit denen Unternehmen ihre gesellschaftliche Verantwortung unter Beweis stellen wollen, tragen ungewollt dazu bei, die Akzeptanzkrise der Marktwirtschaft zu verschärfen, anstatt ihr entgegenzuwirken. Sie bedienen nämlich das populäre...

Corporate Social Responsibility (CSR) has become a pervasive topic in the business literature, but has largely neglected the role of institutions. This introductory article to the Special Issue of Socio-Economic Review examines the potential contributions of institutional theory to understanding...

Der Artikel entwickelt in Auseinandersetzung mit Alfred Krupps Wohlfahrtsprogramm aus dem 19. Jahrhundert einen ordonomischen Beitrag, wie Unternehmen 'Moral als Produktionsfaktor' einsetzen können. Die These dieses Beitrags lautet, dass "Corporate Social Responsibility" als strategisches...

The multi-leveled processes taking place in crowdfunding, when tapping a large heterogeneous crowd for resources, and the often fundamentally different intentions of individual crowd members in the case of highly desirable social ventures with little prospect for economic gains, may lead to a...