Research at the Institute for Business Ethics and Sustainable Strategy covers three areas: Business Ethics, Corporate Governance and Sustainability Management.
In many cases, research projects are carried out jointly with colleagues of renowned national and international research institutions and published in renowned scholarly journals. At the same time, transfer publications and conferences serve to inform practitioners about the research results.
Main research areas of IBES
In the 21st century, the reflection on ethical issues is one of the central elements of modern management. Companies are required to base their business practices not only on economic factors, but increasingly also on social and ecological factors. The challenge for managers is how to meet these expectations.
IBES examines the issues associated with these challenges at the institutional, organisational and individual level.
Corporate governance refers to the legal and factual design of corporate management and concerns, in particular, the relationship between owners, managers and boards, but also with other stakeholders.
In this context, IBES conducts research in a wide range of topics. This includes, for example, how forms of various forms of incentive systems, such as management compensation or communication of greenwashing, affect the behaviour of managers and employees.
In addition to their economic legitimacy, companies are increasingly required to contribute to more social and ecological sustainability. This necessitates a strategic change in companies, for example in the form of product, process or business model innovations.
Research at IBES in this area relates to the advantages and limitations of instrumental approaches to strategic CSR & sustainability management and sustainability-oriented innovation management. IBES analyses how these strategies are successfully operationalized and implemented. In addition, the project investigates whether a purely business-oriented CSR & sustainability management can lead to the necessary radical strategic changes in businesses.
For example, the ongoing research project “Change for Corporate Sustainability“, investigates how Austrian companies can develop necessary strategic change competencies for sustainability management (Dynamic Capabilities for Sustainability). The project is supported by the City of Vienna within the framework of the university of applied sciences funding.