caa a22 4500 605485755 CHVBK 20210128100442.0 cr unu---uuuuu 210128e20150601xx s 000 0 eng 10.1007/s10551-014-2153-4 doi (NATIONALLICENCE)springer-10.1007/s10551-014-2153-4 Gonin Michael University of Lausanne, Lausanne, Switzerland aut Adam Smith's Contribution to Business Ethics, Then and Now [Elektronische Daten] [Michael Gonin] Smith defines the business enterprise primarily as the endeavor of an individual who remains fully embedded in the broader society and subject to its moral demands. For him, the conceptions of the local community and its normative framework, of the enterprise, and of the individuals within it need to be aligned with each other and developed together. Over time, four processes have, however, led to a widening gap between the business world and the local community. These are (1) the dissemination of the corporate model, (2) the transformation of the entrepreneurial role toward an agency role, (3) changes in the ownership structure, and (4) changes in the relation to the local community. This article presents Smith's integrative conception of business and its contributions to the development of integrative theories of organizations and of business-society relations in the twenty-first century. Among others, it discusses the necessity to develop a normative-relational dimension of organizations that addresses the relations between the organization, its members (e.g., owners and managers), and the normative framework of the local community. This integrative approach of business-society relations challenges current business ethics research which often suggests that solutions to the current scandals lie either within the framework, the organization, or the individuals. Springer Science+Business Media Dordrecht, 2014 Adam Smith nationallicence Business and society nationallicence (Dis-)embeddedness nationallicence Self-interest nationallicence Social enterprise nationallicence CSR : Corporate social responsibility nationallicence CC : Corporate citizenship nationallicence NGO : Nongovernmental organization nationallicence SME : Small and medium enterprise nationallicence WN : The Wealth of Nations nationallicence TMS : Theory of Moral Sentiments nationallicence Journal of Business Ethics Springer Netherlands 129/1(2015-06-01), 221-236 0167-4544 129:1<221 2015 129 10551 https://doi.org/10.1007/s10551-014-2153-4 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-014-2153-4 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Gonin Michael University of Lausanne, Lausanne, Switzerland aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 129/1(2015-06-01), 221-236 0167-4544 129:1<221 2015 129 10551