TY - JOUR
T1 - Moral commitments and the societal role of business
T2 - An ordonomic approach to corporate citizenship
AU - Pies, Ingo
AU - Hielscher, Stefan
AU - Beckmann, Markus
PY - 2009/7
Y1 - 2009/7
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=69549092296&partnerID=8YFLogxK
UR - http://dx.doi.org/10.5840/beq200919322
U2 - 10.5840/beq200919322
DO - 10.5840/beq200919322
M3 - Article
AN - SCOPUS:69549092296
SN - 1052-150X
VL - 19
SP - 375
EP - 401
JO - Business Ethics Quarterly
JF - Business Ethics Quarterly
IS - 3
ER -