Research In times of massive social transformation, (business) ethics usually is highly in demand: The ancient Greek philosophers, for example, lay the groundwork for modern ethics during a time in which their fellow citizens had “internationalized“ trade relations way beyond the Mediterranean Sea. This early stage of globalization led the Greeks to establish new social ties to civilizations they knew very little about. This new form of international cooperation made the philosophers reflect on their own cultural values as well as the intercultural differences they had discovered. What we can learn from this early episode of globalization is that change, culture, and ethics are inherently connected – and it is these three terms that are central to the work of the Institute for Business Ethics. The ethical challenges we face today are very similar to those mentioned above. And yet, they are also very different because modern societies are highly complex: face-to-face communication often takes a back seat today, while functionally autonomous organizational structures have become more important to the way we organize society. One such autonomous functional system of society is the economic system. It is a very powerful one, and from an ethical point of view, we are interested in the ways it deals with issues like morality, justice, and responsibility. We look at these issues from multiple perspectives and from an interdisciplinary angle, trying to always be critical of prevalent ideologies while at the same time playing a constructive role in the debate. We believe that business ethics needs to carefully navigate a very fine line: on the one hand, between not being too affirmative with respect to (neoclassical) arguments which claim that economics is “morally neutral”, and, on the other hand, trying not to be too idealistic and somewhat estranged from managerial reality. From our perspective, business ethics is supposed to bridge the gap between normative reasoning and practical application of ethical issues in business and society. Business ethics aims beyond mere economic analysis, trying to provide scholars and practitioners with “orientation in thinking” (Kant), with ways to institutionalize ethically sound business practices within their organization, and by critically analyzing the many (often implicit) normative aspects prevalent in economic theory and policy today. From this perspective, we would like to use the opportunity to start a lively debate with practitioners on ethically legitimate and socially meaningful ways in which economic institutions do business. At the same time, our aim is to also play a leading role in the international scholarly debate on business ethics. On both the practical as well as the academic level, our focus lies on the theoretical and empirical analysis of the many ways businesses implement corporate responsibility into their everyday practices. Responsible corporate governance needs to take into account not only the organizational structure of a company, but also high standards in employee relations as well as responsible leadership. Moreover, our approach focuses on the many ways companies are embedded in the political and sub-political institutional order of business and society. This harkens back to the “integrative economic ethics” approach established over the course of 20 years by Peter Ulrich and Ulrich Thielemann at this institute. This approach integrates three levels of responsibility, namely the institutional (political) framework, corporate responsibility, and the rights and duties of responsible citizens. While the new Institute for Business Ethics firmly stands on this established foundation, it is committed to develop integrative economic ethics further in order to even better establish a bridge between normative reasoning and practical application, between ideal and real communicative action, and between thoroughly argued theories and their implementation into everyday business practices. Applied to more specific cases, these general principles can be found in the research projects currently being worked on at the Institute for Business Ethics.