Role of CEO’s Moral Compass as the Organization’s Fourth Dimension (4-D) in the Era of Digital Transformation

Young Won Park () and Ye Jin Park ()
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Young Won Park: Saitama University
Ye Jin Park: INSEAD

Chapter Chapter 7 in Corporate Social Responsibility and Entrepreneurship for Sustainability, 2021, pp 95-117 from Springer

Abstract: Abstract We propose a novel construct called the fourth dimensional (4-D) organization, referring to firms with a 4th dimension that serves as the moral compass providing strategic direction. We show the value of the fourth dimension that links the firm’s performance to societal flourishing. We apply the theory using an in-depth case study of a nepes, a Korean enterprise, to show that effective implementation of the 4-D organization increases employees’ locus of control and helps them to utilize their creative and innovative capabilities.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3460-4_7

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DOI: 10.1007/978-981-16-3460-4_7

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