How do organizations respond to the loss of legitimacy in the context of disclosed corruption, and what drives the particular responses adopted? In this article, we study the organizational strategies of three multinational companies before, during, and after legitimacy loss due to disclosed...

We explore the dark side of legitimacy, i.e., situations when legitimacy is largely taken-for-granted while negative consequences for society are not revealed. We build on a case study of anti-corruption at small and medium sized enterprises (SMEs). Normally, SMEs do not receive much public...

In what follows we try to develop a concise line of reasoning concerning a conceptual clarification of the relationship between corporate ethics and management. Our proposal will draw from philosophical considerations developed by philosophers of the methodical constructivism of the so-called...

Corporate governance practice is mainly centered on the protection of investors' rights. However, this view neglects the fundamental changes in the operating conditions of business due to globalization and the weakening of regulatory frameworks. Weak or absent enforcement of contracts,...

The paper advances an understanding of responsible leadership as a political conception and offers an agenda for future research in this field. Our conceptualization of responsible leadership draws on deliberative practices and discursive conflict resolution, combining the macro-view of the...

The financial crisis has fuelled a heated debate about the responsibility of financial economists. Critics such as Paul Krugman, Robert Shiller or David Colander argue that financial economists have developed useless or even harmful theories. This is an important debate, but it suffers from the...

Social entrepreneurship has emerged as an important means of addressing grand challenges. Although research on the topic has accelerated, scholars have yet to articulate an overarching framework that links the different pathways taken by social entrepreneurs with the positive effects of these...