CEMS Projects

CEMS — Global Alliance for Management Education is a strategic alliance of leading business schools and multinational companies. Founded in 1988 in Europe, the network has grown steadily, largely due to the success and popularity of the CEMS Master’s in International Management program. Today, CEMS is the global league of leaders on the pre-experience Master’s market and it cannot be equaled in terms of reputation of its members: 28 world-class academic institutions collaborate together with 56 corporate partners to offer international, postgraduate students a unique blend of high quality education and professional experience. (www.cems.org)

Laszlo Zsolnai founded the CEMS Business Ethics Faculty Group in 1997. Since then he serves as Chairman of this Group. Members include  Zsolt Boda (Corvinus University of Budapest), Tomasz Dolegowski (Warsaw School of Economics), Nel Hofstra (Erasmus University Rotterdam), Knut J. Ims (Norwegian School of Economics Bergen), Josep Losano (ESADE Business School Barcelona), Eleanor O’Higgins (University College Dublin and London School of Economics), Kristina Rolin (Helsinki School of Economics), Aloy Soppe (Erasmus University Rotterdam), Antonio Tencati (Bocconi University Milan) and Steen Valentin (Copenhagen Business School).

The CEMS Business Ethics Group teaches joint courses, executes research projects and publishes books and papers.

Progressive Business Models: Creating Sustainable and Pro-social Enterprise

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Eleanor O'Higgins & Laszlo Zsolnai (eds.) Progressive Business Models: Creating Sustainable and Pro-social Enterprise. Palgrave-Macmillan, London, 2017. (This book may be available at: Palgrave)

The book collects and analyzes 11 exemplary cases of progressive business. Progressive business is understood as ecologically sustainable, future respecting and pro-social enterprise. The collected cases aim to show the best to be expected from business in the 21st century.

Sustainable Business Models

Laszlo Zsolnai was lecturing on  “New Business Models for Future Earth” in a kick-off seminar at the NHH Norwegian School of Economics in Bergen on March 14, 2017.  It was the start of a 2 year research program on Sustainable Business Models in which ESADE Business School Barcelona, Copenhagen Business School and Corvinus University collaborate with NHH.


Ethical Challenges of Business in the New Economy

The CEMS Business Ethics Faculty Group organized a Blocked Seminar entitled "Ethical Challenges of Business in the New Economy" in September 1-7, 2013 in Balatonszemes, Hungary. The seminar was based on the recently published book by CEMS Business Ethics Faculty Group (Laszlo Zsolnai (ed): Handbook of Business Ethics. Oxford, Peter Lang, 2012). The course addressed behavioral, organizational and institutional issues related to doing business in an ethical and socially responsible way. Examples of alternative entrepreneurship will  be  presented too.

Handbook of Business Ethics - Ethics in the New Economy

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Laszlo Zsolnai (ed.) Handbook of Business Ethics - Ethics in the New Economy. Peter Lang International Academic Publishers, Oxford, Bern, Berlin, Bruxelles, Frankfurt am Main, New York, Wien, 2013. (This book may be available at: Peter Lang International Academic Publishers)

The Handbook of Business Ethics is a substantially revised new edition of Ethics in the Economy, written by the members of the Business Ethics Faculty Group of CEMS - Global Alliance in Management Education. With new content and revised material, the contributors rally against the concept that ethics is only an instrument for improving business efficacy. They see ethics as fundamental to all levels of economic activity, from individual and organizational to societal and global. Globally, the ethicality of economic actions is often highly questionable and in many respects unacceptable. The ethical nature of the economy should be considerably improved, but there is an inherent paradox: if we want to develop the ethicality of our economic affairs only as a means of achieving higher efficiency, in the final analysis we will fail.

Redefining the Roles and Duties of Management

Laszlo Zsolnai, Sven Junghagen, and Antonio Tencati 'Redefining the Roles and Duties of Management.' Journal of Global Responsibility , 2012, vol.3, no. 1, pp. 121-133

The paper analyses the crisis of the business profession and the role that management education can play in renewing business management. It is argued that unless future managers demonstrate that they serve the common good in their daily practice, the legitimacy and moral standing of the business profession remain questionable. The paper presents the Masters in International Management Program of CEMS – Global Alliance in Management Education as a pioneering example of developing reflective and responsible managers. The future manager is defined as a reflexive practitioner who is committed to
environmental sustainability, exercises social responsibility, works with sensitivity toward gender and diversity issues, harmonizes information and communications technologies with processes and organizational culture, applies holistic perspective in problem solving, cooperates with social and political actors, and is engaged in progressive entrepreneurship.

CEMS PhD Workshop

 A CEMS PhD workshop entitled "Sustainability and Responsibility in Business" was organized in May 20-21, 2011 at the  Corvinus University of Budapest, Hungary. The workshop introduced cutting-edge results and approaches in corporate sustainability and business ethics. Insights from behavioral sciences, positive psychology and ecological economics were applied to arrive at more a robust model of ethical and sustainable business. Working examples of progressive businesses were presented including organic agriculture, eco-gastronomy, ethical fashion and sustainable banking.  The workshop was supported by the TÁMOP research program of the Corvinus University of Budapest.

Blocked Seminar in Vienna

The CEMS Business Ethics Faculty Group taught a blocked seminar on The Future International Manager at Vienna University of Economics and Business on September 27 - October 1, 2010. The seminar was hosted by the Gender and Diversity Institute. The seminar was based on the the CEMS book “The Future International Manager” (Palgrave, 2009).

The Future International Manager: A Vision of the Roles and Duties of Management

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Laszlo Zsolnai & Antonio Tencati (eds.) The Future International Manager: A Vision of the Roles and Duties of Management . Palgrave, 2009. (This book may be available at: Amazon)

In the light of the current financial crisis the task of reinventing the management profession seems to be more relevant than even before. The book is a collaborative efforts of 18 professors of different CEMS universities to create a new professional profile for management. We believe that business management should be renewed if business leaders are to uplift the financially collapsing, environmentally degrading and socially disintegrating world of our age.

PhD Workshop in Behavioral Business Ethics

The Business Ethics Center of Corvinus University of Budapest organized the "Behavioral Business Ethics" CEMS PhD Seminar in Budapest in March 20-22, 2009. There were 10 participants including PhD students from London School of Economics, Norwegian School of Economics and Business Administration - Bergen, and Corvinus University of Budapest. The seminar introduced cutting-edge results and approaches in business ethics. Behaviorial economics and moral psychology were applied to arrive at more robust models of business ethics.

Balaton Blocked Seminar

An innovative CEMS Block Seminar entitled “The Future International Manager” was conducted by the Business Ethics Center from August 31-September 6, 2008, in Balatonszemes at Lake Balaton in Hungary. The seminar presented a fresh look at the desired professional profile of future international managers in different aspects of business. It also provided the students with a new vision of the roles and duties of management in the context of globalization.

Laszlo Zsolnai, from the Business Ethics Center, served as course director. Faculty included Mary Ann Danowitz (Vienna University of Economics and Business Administration), Knut J. Ims (Norwegian School of Economics & Business Administration), Eleanor O’Higgins (University College Dublin and London School of Economics), Antonio Tencati (Bocconi University Milan), and Zsolt Boda and Andras Nemeslaki (Corvinus University of Budapest).