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Moral Commitments and the Societal Role of Business: An Ordonomic Approach to Corporate Citizenship
Abstract
This article introduces an “ordonomic” approach to corporate citizenship. We believe that ordonomics offers a conceptual framework for analyzing both the social structure and the semantics of moral commitments. We claim that such an analysis can provide theoretical guidance for the changing role of business in society, especially in regard to the expectation and trend that businesses take a political role and act as corporate citizens. The systematic raison d'être of corporate citizenship is that business firms can and—judged by the criterion of prudent self-interest—“should” take on an active role in rule-finding discourses and rule-setting processes with the intent of realizing a win-win outcome of the economic game. We identify—and illustrate—four ways that corporate citizens can employ moral commitments as a factor of production to enhance their processes of economic value creation.
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“Thus, the functionality of markets requires innovative governance, which is essential for harnessing the full potential of technological innovation that bears on market innovation (cf. Beckmann et al., 2014; Pies et al., 2009).”
From Stakeholder governance to facilitate collaboration for a systemic circular economy transition: A qualitative study in the European chemicals and plastics industry (2024) · cites this paper as Pies et al., 2009
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Sorted by citations
Scherer, A. G., & Palazzo, G. (2011) · Journal of Management Studies · doi:10.1111/j.1467-6486.2010.00950.x · Cited by 2,131
Schultz, F. C., Valentinov, V., Kirchherr, J., Reinhardt, R. J., & Pies, I. (2024) · Business Strategy and the Environment · doi:10.1002/bse.3592 · Cited by 82
Self-citationSuccessful organizational change through win-win: How change managers can create mutual benefits
Will, M. G. (2015) · Journal of Accounting & Organizational Change · doi:10.1108/jaoc-06-2013-0056 · Cited by 35
Metadata
- Authors
- Pies, I., Hielscher, S., & Beckmann, M.
- Venue
- Business Ethics Quarterly
- Publisher
- Cambridge University Press (CUP)
- Published
- 2009-07
- Volume
- 19
- Issue
- 3
- Pages
- 375-401
- ISSN
- 1052-150X
- 2153-3326
- Cited by
- 141
- References
- 0
- Language
- en
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