Emprendedorismo guiado por la espiritualidad (Spiritually Driven Entrepreneurship)

Laszlo Zsolnai 'Emprendedorismo guiado por la espiritualidad (Spiritually Driven Entrepreneurship) .' Revista Cultura Económica , 2014, vol.32, no. 88, pp. 25-46

The paper presents cases of spiritually driven entrepreneurship from the USA, Europe and India and discusses the changes required for business organizations to become ecologically sustainable, future respecting and pro-social entities.

How Economic Incentives Destroy Social, Ecological and Existential Values: The Case of Executive Compensation

Knut J. Ims, Lars Jacob Tynen Pedersen, & Laszlo Zsolnai 'How Economic Incentives Destroy Social, Ecological and Existential Values: The Case of Executive Compensation.' Journal of Business Ethics , 2014, vol.123, no. 2, pp. 353-360

Executive compensation has long been a prominent topic in the management literature. A main question that is also given substantial attention in the business ethics literature – even more so in the wake of the recent financial crisis – is whether increasing levels of executive compensation can be justified from an ethical point of view. Also, the relationship of executive compensation to instances of unethical behavior or outcomes has received considerable attention. The purpose of this paper is to explore the social, ecological and existential costs of economic incentives, by discussing how relying on increasing levels of executive compensation may have an adverse effect on managerial performance in a broad sense.

Ethics of Social Innovation

Knut J. Ims, & Laszlo Zsolnai 'Ethics of Social Innovation.' Society and Business Review , 2014, vol.9, no. 2, pp. 186-194

The purpose of this paper is to investigate the main reasons for social innovations to be successful in developing countries.Four famous cases of social innovation are studied and contrasted in the following dimensions: goals, means and skills/resources needed by the user. The authors argue that exemplary social innovations do not have profit as their primary objective but emphasize social, spiritual and humanitarian goals such as minimizing suffering, empowering people and strengthening local communities.The paper shows that sensitivity to local culture and an ethos for serving the common good are preconditions of successful and lasting social innovations by business.

Responsible Social Science in the Age of Economic Crisis

Laszlo Zsolnai 'Responsible Social Science in the Age of Economic Crisis.' Human Systems Management , 2014, vol.33, no. 1, pp. 1-5

The current economic crisis calls for a radical rethinking of the role of economics and other social sciences. It is a serious failure of social scientists when they solve the wrong problem precisely. This means that the problem formulation is inadequate, which may lead to disastrous consequences for the fate and well-being of the stakeholders. To avoid substantive failures in problem formulation social scientists should reconsider the basic assumptions of the system under study and include as many stakeholders’ views as possible. Appropriate solutions should address all the important dimensions of the problem in question (the scientific/technical, the interpersonal/social, the systemic/ecological, and the existential/spiritual), and create an optimal balance among them. Social scientists should also investigate their developed solutions from a deontological point of view (i.e.

The Importance of Meta-economics

Laszlo Zsolnai 'The Importance of Meta-economics.' , in Responsible Economics. E.F. Schumacher and His Legacy for the 21st Century, ed. Hendrik Opdebeeck, Peter Lang Academic Publishers, Oxford, 2013.

Meta-economics is the basic assumptions about the subject-matter, value-orientation and methodology of economics. The paper attempts to reconstruct the meta-economic foundation of mainstream economics and that of alternative economics initiated by Schumacher. It shows how the emerging alternative economics transcends the erroneous meta-economic assumptions of mainstream economics by considering the total economic process, choosing sustainable livelihood as basic value-orientation, and employing a constructive methodology.

Collaborative Enterprise and Sustainability: The Case of Slow Food

Antonio Tencati, & Laszlo Zsolnai 'Collaborative Enterprise and Sustainability: The Case of Slow Food.' Journal of Business Ethics, 2012, vol.110, no. 3, pp. 345-354

The current and prevailing paradigm of intensive agricultural production is a straightforward example of the mainstream way of doing business. Mainstream enterprises are based on a negativistic view of human nature that leads to counter-productive and unsustainable behaviours producing negative impact for society and the natural environment. If we want to change the course, then different players are needed, which can flourish thanks to their capacity to serve others and creating values for all the participants in the network in which they are embedded. In the article, through the analysis of the Slow Food movement and the use of recent theoretical and empirical contributions in behavioural sciences and psychology, we support the collaborative enterprise model as an alternative to the still prevailing, mainstream business models.

Spirituality and Business: An Interdisciplinary Overview

Luk Bouckaert, & Laszlo Zsolnai 'Spirituality and Business: An Interdisciplinary Overview.' Society and Economy, 2012, vol.34, no. 3, pp. 489-514

We believe that business ethics needs a more spiritual foundation to solve the business ethics failure. Why? Because spirituality – as an inner experience of deep interconnectedness with all living beings – opens a space of distance from the pressures of the market and the routines of business as usual. This distance is a necessary condition for developing innovative ethical ideas and practices. It restores intrinsic motivation and provides a long time horizon. Unfortunately spirituality is not yet a mainstream concept in academia and the business world. In academia and business, instrumental and utilitarian rationality is still the dominant perspective, whereas spirituality is anchored in a deeper, noninstrumental and nonutilitarian experience of life.

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.

Environmental Ethics for Business Sustainability

Laszlo Zsolnai 'Environmental Ethics for Business Sustainability.' International Journal of Social Economics, 2011, vol.38, no. 11, pp. 892-899

The purpose of this paper is to derive operational principles from environmental ethics for business organizations to achieve sustainability. The paper analyses different levels on which business affects the natural environment. It argues that business has a natural, non-reciprocal responsibility toward natural beings affected by its functioning. The paper uses principles of environmental ethics to redefine business sustainability in an ethically meaningful way.

Spirituality and Business

Luk Bouckaert, & Laszlo Zsolnai 'Spirituality and Business.' , in The Palgrave Handbook of Spirituality and Business, eds. Luk Bouckaert, and Laszlo Zsolnai, Palgrave-Macmillan, London, 2011.

The paper summarizes the long path from business ethics to business spirituality. Analyzing the contrast between a materialistic and a non materialistic drive in economics, the authors define the new values of the post-capitalist economy: frugality, deep ecology, trust, reciprocity, responsibility for future generations, and authenticity. Within this values-driven economy, profit and growth are no longer ultimate aims but elements in a wider set of values. In a similar way cost-benefit calculations are no longer the essence of good management but are part of a broader concept of wisdom in leadership.