Law undergirds the capitalist system and is “at the interface” of business and social relationships but remains largely walled off from many traditional approaches to management education, scholarship, and practice. Although a simple definition of law is “enforceable rules between...

According to S. Venkataraman, value is discovered (orcreated) when the entrepreneur productively combines resources, ideas, andstakeholders in order to bring new goods and services into existence. Entrepreneurship theory works in conjunction with ethics, which is concernedwith the methods used...

Can shareholder-owned corporations maximize profits without harming their stakeholders? This was the central question of the first QUASI (Questions and Unanswers About Social Innovation) webinar. The ‘Yes’ side argues that 1) firms are conditioned to avoid harming stakeholders, 2) firms with...

This article examines the role wisdom and dignity play in developing ethical business leaders, or what we call shamanic leaders, for the twenty‐first century. We define wisdom as the integration of moral imagination (the good), systems understanding (the true), and aesthetic sensibility (the...

Given the huge issues facing the world—and businesses—today, the need for purposeful transformation towards something like wellbeing for all has never been more apparent. Transformation in both businesses and their societal contexts requires major shifts in core aspects of business models....