Center for Business and Society (CBS)
The collapse of Enron and Arthur Andersen, followed by tens if not hundreds of known cases of corporate fraud at the beginning of the 2000s and the sub-prime mortgage crisis followed by a global financial crisis at the end of the 2000s indicate that we are facing structural problems at the moral foundations of market democracies. The enforcement of existing laws no longer seems to be enough; adequate answers to the current problems in corporate responsibility demand developing an alternative approach. The Center for Business and Society at CEU Business School was founded with hopes to contribute to that development.
The Center for Business and Society, operating since September 2002, is dedicated to the values of reflective and critical thinking, open society and democracy. Its unique characteristics is its problem-focused research that crosses boundaries: Interdisciplinary cooperation crossing departmental and inter-university boundaries; and multi-stakeholder approach crossing boundaries between academia and business.
The Center also offers a forum for consultation, organizes and participates in workshops and conferences, creates speaking opportunities and media events to promote public discourse on business integrity, corporate responsibility and stakeholder cooperation. The Center also contributes to developing solutions for Hungarian and international business leaders to conduct socially responsible business in a supportive moral and legal environment.