Papers

Laszlo Zsolnai, & Madhumita Chatterji ‘Lessons for the Future for India and Europe .’ , in Ethical Leadership. Indian and European Spiritual Approaches, eds. Madhumita Chatterji, and Laszlo Zsolnai, Palgrave-Macmillan, 2016. The authors are convinced that spirituality is not incompatible with rationality or real-world economic, social and environmental analysis. Ethical leaders can employ the best available scientific knowledge to execute their own spiritual-based plans and policies. India and Europe should embrace their own noble traditions and seek to… Read More »Lessons for the Future for India and Europe

Laszlo Zsolnai ‘Ethics Education of Business Leaders. Emotional Intelligence, Virtues, and Contemplative Learning.’ Journal of Management, Spirituality and Religion, 2016 How can business schools educate future business leaders to make ethical decisions? This is really a challenge as business schools focus on one-dimensional rationality and cognitive intelligence. They teach the “Homo oeconomicus” model and related theories (agency theory, profit, or shareholder maximization) which promote individual, selfinterested behavior. Not unsurprisingly business schools produce graduates who are more selfish… Read More »Ethics Education of Business Leaders. Emotional Intelligence, Virtues, and Contemplative Learning

Laszlo Zsolnai, & Doirean Wilson ‘Art-based Business.’ Journal of Cleaner Production, 2016, vol. 135, pp. 1534-1538 The paper argues that with its exclusive focus on profit-making, modern-day businesses tend to violate the integrity and diversity of natural ecosystems, the autonomy and culture of local communities and the chance that future generations will lead a decent life. The core of the metaphysics of modern-day business is what Martin Heidegger calls “calculative thinking”. It is contrasted with poetic thinking… Read More »Art-based Business

Zsolt Boda, & Laszlo Zsolnai ‘The Failure of Business Ethics.’ Society and Business Review, 2016, vol.11, no. 1, pp. 93-104 This paper investigates the systemic causes of the failure of business ethics (BE) and suggest some possible remedies. The discipline and the movement of BE has at least three decades of history. BE has developed concepts and theories, and provided empirical evidences. However, BE as a movement and as a practice has failed to deliver the expected results.… Read More »The Failure of Business Ethics

Knut J. Ims, & Laszlo Zsolnai ‘Social Innovation and Social Development in Latin America, Egypt and India.’ , in Ethical Innovation in Business and the Economy, eds. Georges Enderle, and Patrick E. Murphy, Edward Elgar, Cheltenham, UK, Northampton, MA, USA, 2015. (This book may be available at: Edward Elgar) Exemplary cases of social innovation do not involve profit as the primary goal but emphasize social, spiritual and humanitarian goals such as minimizing suffering and empowering people and communities. The… Read More »Social Innovation and Social Development in Latin America, Egypt and India

Knut J. Ims, Ove Jakobsen, & Laszlo Zsolnai ‘Product as process — Commodities in mechanic and organic ontology.’ Ecological Economics, 2015, vol. 110, pp. 11-14 This article explores and interprets the product concept in two different ontologies: mechanistic and organic. A required shift in the ontology for understanding commodities has crucial implications for economic theory and practice. In mainstream economics the product is understood in terms of  mechanistic ontology: as a fixed and atomized commodity, to be… Read More »Product as process — Commodities in mechanic and organic ontology

Laszlo Zsolnai ‘Materialistic versus Non-materialistic Value-orientation in Management.’ , in Business and the Greater Good. Rethinking Business Ethics in an Age of Crisis, eds. Knut J. Ims, and Lars Jacob Tynes Pedersen, Edward Elgar, Cheltelham, UK, Northampton, MA, USA, 2015. (This book may be available at: Edward Elgar) The Occupy Wall Street and other anti-globalization movement show a drastic loss of confidence in business. Mainstream business lost credibility and trust worldwide. The basic assumptions of business management became questionable.… Read More »Materialistic versus Non-materialistic Value-orientation in Management

Katalin Illes, & Laszlo Zsolnai ‘The Role of Spirituality in Business Education.’ Society and Business Review, 2015, vol.10, no. 1, pp. 67-75 The paper argues that there is a strong imbalance in business education between providing abstract, rational concepts and opportunities for personal growth. Introducing spirituality in business education seems to be desirable if we want to prepare students for the complexities and challenges of the workplace today. The authors give an example of how techniques from voice… Read More »The Role of Spirituality in Business Education

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. Emprendedorismo guiado por la espiritualidad (Spiritually Driven Entrepreneurship)

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