Schneider, Anselm; Scherer, Andreas - In: Journal of Business Ethics 126 (2015) 2, pp. 309-323
governance. The changing distribution of risks poses a threat to the legitimacy of business firms that normally derive their … legitimacy from operating in compliance with the legal rules of democratic nation states. However, during the process of …, business firms have to address the various legitimacy challenges of their operations directly and cannot rely upon the …