Dr. Werner Jackstädt Chair
of Economic and Business Ethics

Overview

Supporter

Dr. Werner Jackstädt Foundation

Chairholder

Prof. Dr. Andreas Suchanek

Research Associates

  • Oleg Fedoseev
  • Stephan Gebauer
  • Maja Petrushevska
  • Christin Philipp
  • Georg Röder
  • Marie Schwimmer

Research Areas

  • Economic and business ethics
  • Theory of corporate responsibility
  • Management of trust

Network

  • Dr. Werner Jackstädt Foundation
  • Stifterverband (Donors’ Association for the Promotion of Sciences and Humanities in Germany)
  • Wittenberg Center for Global Ethics
  • Association for Social Policy, Committee of Economics and Ethics

Courses

  • Business Ethics
  • Corporate Social Responsibility in a Globalized World
  • Global Governance and Corporate Social Responsibility
  • Philosophical Underpinnings of Management Research

Invest in trust!

Prof. Dr. Andreas Suchanek
Holder of the Dr. Werner Jackstädt Chair of Economic and Business Ethics
Read his profile

What we do

The Dr. Werner Jackstädt Chair of Economic and Business Ethics is dedicated to the dialog between theory and practice on the topic of corporate responsibility: On the basis of a theoretical conception which recognizes the moral quality of the market economy, we are oriented towards the practical problems and, thus, the question of how profit and morals can fruitfully coexist. Here, we apply the golden rule: Invest in the conditions of social cooperation for mutual advantage!

Therefore, good management means to be economically successful by implementing values-based management practices. Under the conditions of competition, this maxim constitutes a challenging task for the management of corporations.

The chair aims to enhance students’ ability to make reasonable ethical judgments by emphasizing the importance of focusing on a clearly defined problem, working as a team player and having a personal sense of responsibility.

Sustainable Value Creation

The Dr. Werner Jackstädt Chair of Economic and Business Ethics believes that corporations must pursue sustainable value creation in order to maintain their societal legitimacy. The following diagram exemplifies the key pillars of sustainable value creation:

Projects

Nudging Corporate Compliance and Integrity – Based on the Ethical Compass

Project supported by KBA-Notasys Integrity fund

From society’s viewpoint, corporate compliance is a necessary prerequisite for a corporation’s license to operate. For corporations, and more specifically, for their members in concrete situations, compliance is often perceived as a cost, be it direct or, more importantly, indirect, namely as a constraint not to choose an alternative that may be seen as advantageous, but not in line with compliance or integrity demands.

The project “Nudging Corporate Compliance and Integrity – Based on the Ethical Compass” is intended to elaborate on two combined tools for more effective compliance and integrity (C&I) management: an ethical compass and nudging. The mentioned tools aim at motivating compliance and integrity demands as an investment in sustainable value creation (Ethical Compass) and supporting this motivation with concrete behavioral interventions (Nudging). Accordingly, two implementation problems can be identified: (1) to understand the “Why”, that is, the deeper reason for compliance and integrity which, if perceived, might increase the willingness to adhere to the rules and standards of proper conduct; (2) to actually be compliant in situations where opposing situational incentives might tempt or push persons to be non-compliant.

The goal of the project is to explore the possibilities to support C&I management with the Ethical Compass and Nudging and to specify (a) the conditions, (b) the constraints and (c) the concrete measures. A crucial feature of the project is the integration of conceptual (ethical, economic and psychological) knowledge with experiences from practice in order to ensure the relevance and usability of the developed tools. Based on desk research, questionnaires and interviews as well as an expert workshop, the objective is to provide a handbook for corporations on how to implement both tools for effective compliance and integrity management. The insights documented in the handbook should provide a framework for future research as well as an orientation for practitioners in the field of compliance and integrity management.

Publications

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