Creating values, not defending values

Ingo Pies

No 2026-03, Discussion Papers from Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics

Abstract: Based on the ordonomic approach to business and corporate ethics, this paper rejects the defensive politicization of 'Western values' as a management overextension, since executives lack both the legitimacy and the qualifications for such a mandate. Instead, it advocates for a strategic shift toward the proactive exercise of order responsibility. It conceptualizes leadership as an architecture of value creation networks. Such leadership requires specific management competencies for designing incentives (governance) and communicating shared narratives (sensegiving).

Keywords: Ordonomics; Order responsibility; Value creation networks; Governance; Sensegiving; Ordonomik; Ordnungsverantwortung; Wertschöpfungsnetzwerke (search for similar items in EconPapers)
JEL-codes: A13 D02 M14 (search for similar items in EconPapers)
Date: 2026
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