It is the nature of powerful ideas that they can summarize a ground-breaking concept in a plain and simple message. In this sense, the concept of sustainability is one such idea. It translates into a compelling orientation towards the future. It is this orientation towards the future that is...

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,...

Empirically, responsibility is a concept increasingly made use of in order to address societal issues. At the same time, it is a concept mainstream economics has, so far, hardly touched on. The paper shows that the application of economic reasoning to the responsibility concept can instruct a...

Based on economic ethics, this paper reflects on and aims to improve the semantics of responsibility. The traditional concept of responsibility is threatened with erosion when responsibility is attributed to an actor who is unable to exercise individual control over the outcome of his actions....

The purpose of this article is to develop an ordonomic conceptualization of corporate citizenshipand new governance that (a) provides a framework for positively explaining thepolitical participation of companies in new governance processes and (b) does not weakenbut instead strengthens the...

The purpose of this article is to develop an ordonomic conceptualization of corporate citizenshipand new governance that (a) provides a framework for positively explaining thepolitical participation of companies in new governance processes and (b) does not weakenbut instead strengthens the...

This article discusses how the theoretical perspective of ordonomics provides a frameworkfor better understanding and advancing the practice of social entrepreneurship.From an ordonomic perspective, the concept of social entrepreneurship offers a semanticinnovation (at the ideas level) whose...

This article discusses how the theoretical perspective of ordonomics provides a frameworkfor better understanding and advancing the practice of social entrepreneurship.From an ordonomic perspective, the concept of social entrepreneurship offers a semanticinnovation (at the ideas level) whose...

Drawing on an ordonomic approach, this paper argues that a theory of global justiceshould incorporate as a pivotal cornerstone a theory of corporate citizenship whichconstructively addresses business firms as agents of social value creation. We arguethat, instead of relying exclusively on...

At the start of 2007, the newly founded academic network of the United Nations Global Compact (GC) assigned an international task force to work out guidelines for integrating the GC principles into university management education in business ethics. The results of this task force were given to...