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 the 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. These include, for example, forms of management compensation, the influence of the capital market on managerial decisions, and advisory boards as voluntary bodies of corporate governance.
In recent years, there have been increasing demands for more significant corporate commitment to social and environmental sustainability. These demands contribute to increasing pressure for change in companies. In particular, meeting them requires strategic and organisational change on the part of companies.
Research at IBES in this area relates to the benefits and limitations of instrumental approaches to strategic CSR & sustainability management and analyses how these strategies are successfully operationalised and implemented.
Furthermore, it is investigated whether a purely business-oriented CSR & Sustainability Management can lead to the necessary radical changes in companies and whether this requires the development of certain organisational and personal competences.