Business Ethics Department

Business is not merely a realm for profit maximizing; it is also a human reality. As such, human excellence can manifest itself in the decisions and conduct of individuals and organizations.

Our Department of Business Ethics is committed to highlighting ethics as essential to and at the core of business activity and decision-making. The complexities of a global and dynamic business world, where non-economic and economic concerns coexist, give ethics a vital role in guiding human action, always with the potential for human excellence in mind.

Founded within the framework of IESE’s mission to serve society, especially the business world, the department is committed to training future managers to consider business ethics in their analysis of business problems.

Coursework includes Leading Organizations: Systems, Values and Ethics, Christian Anthropology, Christian Humanism and Business Culture, and Social and Political Ideas for Business.

Through their research, the department’s faculty is bringing the most recent and influential ideas in business ethics to the academic and business community. Some of their findings have been published in books and prestigious journals such as The Journal of Business Ethics and Business and Society Review.

Areas of expertise

  • Ethical foundations of management
  • The role of business in society
  • Corporate social responsibility
  • Ethics and decision-making
  • Humanism in organizational cultures
  • Corporate corruption and fraud

We have pioneered the organization of conferences and forums in the field such as The International Symposium on Business, Ethics and Society, with more than 15 editions, and the recent Humanizing the Firm and the Management Profession workshop.

In addition, faculty members regularly participate in the following conferences:

  • European Business Ethics Network (EBEN)
  • Society for Business Ethics (SBE)
  • International Society of Business, Economics and Ethics (ISBEE)
  • International Symposia on Catholic Social Thought and Management Education
  • Corporate government regulation
  • Performance appraisal systems & incentive systems
  • Pricing policies and product profitability: activity-based costing
  • 19th International Symposium on Ethics, Business and Society, Barcelona, July 4-5, 2016
  • The 1st Iese-Luiss Conference on Responsibility, Sustainability and Social Entrepreneurship, Rome, April 18-19, 2017

Former Collaborators


Journal Articles (refereed)

ARGANDOÑA, A. (2021). La responsabilidad social de la propiedad. Empresa y Humanismo, 24 (1), 7-26. doi:10.15581/015.XXIV.1.7-26.
MELÉ, D., SCHLAG, M. (2020). Building institutions for the common good. The practice and purpose of business in an inclusive economy. Humanistic Management Journal, 5 (1). doi:10.1007/s41463-020-00092-9.
ARGANDOÑA, A. (2020). La responsabilidad social de la empresa según el pensamiento de Leonardo Polo. Studia Poliana (22), 101 - 118. doi:10.15581/013.22.101-118.
MELÉ, D. (2020). Bienes, normas y virtudes en ética empresarial. Studia Poliana (22), 221 - 240. doi:10.15581/013.22.221-240.
CHUN, R., ARGANDOÑA, A., CHOIRAT, C., SIEGEL, D. S. (2019). Corporate Reputation: Being Good and Looking Good. Business & Society, 58 (6), 1132 - 1142. doi:10.1177/0007650319826520.
SANZ, P., FONTRODONA, J. (2019). Moderation as a Moral Competence: Integrating Perspectives for a Better Understanding of Temperance in the Workplace. Journal of Business Ethics, 155 (4), 981 - 994. doi:10.1007/s10551-018-3899-x.
MELÉ, D., CHINCHILLA, N., LÓPEZ-JURADO, M. (2019). The "Freely Adaptive System". Application of this Cybernetic Model to an Organization Formed by Two Dynamic Human Systems. Philosophy of Management, 18 (1), 89 - 106. doi:10.1007/s40926-018-0098-x.
LEE, M., RAMUS, T., VACCARO, A. (2018). From Protest to Product: Strategic Frame Brokerage in a Commercial Social Movement Organization. Academy of Management Journal, 61 (6), 2130 - 2158. doi:10.5465/amj.2016.0223.
MONGELLI, L., VERSARI, P., RULLANI, F., VACCARO, A. (2018). Made in Carcere: Integral Human Development in Extreme Conditions. Journal of Business Ethics, 152 (4), 977 - 995. doi:10.1007/s10551-018-3821-6.
FONTRODONA, J., RICART, J. E., BERRONE, P. (2018). Ethical Challenges in Strategic Management: The 19th IESE International Symposium on Ethics, Business and Society. Journal of Business Ethics, 152 (4), 887 - 898. doi:10.1007/s10551-018-3825-2.

Working Papers

ARGANDOÑA, A. (2019). ¿Es la paciencia una virtud apropiada para un directivo? (WP-1227). Barcelona: IESE.
ARGANDOÑA, A. (2018). Oeconomicae et Pecuniariae Quaestiones: una reflexión desde la economía (WP-1208). Barcelona: IESE.
ARGANDOÑA, A. (2017). El hogar: próposito, función, trabajo y cuidado (WP-1182). Barcelona: IESE.
ARGANDOÑA, A. (2017). Work in the Firm: Collective Action and Common Good (WP-1186-E). Barcelona: IESE.
ARGANDOÑA, A. (2017). The Home: Purpose, Function, Work and Care (WP-1182-E). Barcelona: IESE.


ARGANDOÑA, A. (2019). La Educación Financiera y la función social de las instituciones financieras. En José M. Domínguez Martínez (Ed.), Educación Financiera: Realidades y retos (pp. 152 - 154).
MELÉ, D. (2018). Meanings of Work in Catholic Social Teaching- Dialogue with "Meaningful Work" in Organizational Studies. In Antonio Argandoña Rámiz & Francisco Javier Insa Gómez (a cura di) (Ed.), Work in a Human Economy: Business and Common Good in a Changing Society. Atti del Convegno "The Heart of Work" Pontificia Università della Santa Croce. Roma, 19-20 ottobre 2017, Volume IV/5 (pp. 95 - 113). Edizioni Santa Croce.
MELÉ, D. (2016). Beyond Business with a Human Face: Business Oriented toward the Person. Proceedings of the II Research Workshop: Missions, Leadership and Sustainability (pp. 7 - 18). Universitat Internacional de Catalunya.
CAVOTTA, V., RAMUS, T., VACCARO, A. (2015). How Multiple Embeddedness Can Facilitate the Implementation of Institutional Change. Academy of Management Proceedings.

VACCARO, A. (2020). Artificial intelligence and social entrepreneurship. Exploring intersections for societal impact.
VACCARO, A. (2020). Integrity management for the common good.
VACCARO, A. (2020). Social innovation and social enterprise. Bridging through fixing business and society. 36th EGOS Colloquium 2020, Hamburg.

Articles in other publications

CALIGIURI, M., VACCARO, A. (2020). Responsabilità e disfattismo, cosa dobbiamo all’Italia. Formiche (162).
IESE INSIGHT, (2019). Cuenta atrás para 2030. ¿Está preparada tu empresa para cumplir los objetivos de desarrollo sostenible? IESE Business School Insight (154), pp. 6 - 31.
BEUNZA, D. (2019). Cómo encajar la ética y los modelos financieros. IESE Business School Insight (154), pp. 56 - 63.
IESE INSIGHT, (2019). Countdown to 2030: Meeting the Sustainable Development Goals. Are you ready? IESE Business School Insight (154), pp. 6 - 31.
BEUNZA, D. (2019). When morals meet models. IESE Business School Insight (154), pp. 56 - 63.


MELÉ, D. (2020). El valor humano y cristiano del trabajo. Enseñanzas de S. Juan Pablo II. Barañáin: EUNSA. Ediciones Universidad de Navarra.
VACCARO, A. (2020). Lo Spionaggio aziendale. Soveria Mannelli (Italia): Rubbettino Editore.
MELÉ, D. (2019). Business Ethics in Action. Managing Human Excellence in Organizations. Red Globe Press.
DI TRAPANI, P., VACCARO, A. (2016). Addiopizzo: Leveraging Consumers Responsible Purchase to Fight Mafia. Aravaca: McGraw-Hill Interamericana de España.
MELÉ, D. (2015). Ética en dirección de empresas. Calidad humana para una buena gestión. Madrid: Pearson Educación.

Edited books

SCHLAG, M., MELÉ, D. (2019). A Catholic Spirituality for Business: The Logic of Gift. Washington, D.C.: The Catholic University of America Press.
MELÉ, D., SCHLAG, M. (2015). Humanism in Economics and Business. Perspectives of the Catholic Social Tradition. Dordrecht: Springer Netherlands.
MELÉ, D., DIERKSMEIER, C. (2012). Human Development in Business. Values and Humanistic Management in the Encyclical 'Caritas in Veritate'. Basingstoke [England]: Palgrave Macmillan.
MELÉ, D., CASTELLÀ, J. M. (2010). El desarrollo humano integral. comentarios interdisciplinares a la Encíclica "Caritas in veritate" de Benedicto XVI. Barcelona: Iter.
VACCARO, A., SANTANA, A., WOOD, D. (2010). Impact of Network Ethics on Business Practices. Berlin: Springer.

Book Chapters

MELÉ, D. (2020). Ethical virtues, norms and values in accounting education. In Pinheiro, Margarida M. and Costa, Alberto J. (Eds.), Accounting ethis education; teaching virtues and values (pp. 120-136). Abingdon, Oxon ; New York: Routledge.
MELÉ, D. (2020). Catholic social teaching and responsible management. In Oliver Laasch; Roy Suddaby; R. E. Freeman; Dima Jamali (Ed.), Research handbook of responsible management (pp. 292-303). Cheltenham: Edward Elgar Publishing.
ARGANDOÑA, A. (2020). La acción humana y el diálogo entre economía y doctrina social. En Emilio Martínez Albesa (Ed.), Qué pasa con la Doctrina Social de la Iglesia (pp. 291 - 300). Madrid: Ideas y Libros Ediciones.
ARGANDOÑA, A. (2019). Humility and Decision Making In Companies. In Jennifer Cole Wright (Ed.), Humility (pp. 274 - 297). Cape Town: Oxford University Press.
SCHLAG, M., MELÉ, D. (2019). Introduction. In Martin Schlag & Domènec Melé (Ed.), A Catholic Spirituality for Business: The Logic of Gift (pp. 1 - 12). Washington, D.C.: The Catholic University of America Press.


MULLER, P., FONTRODONA, J. (2021). Taxonomía medioambiental y productos financieros verdes. Finanzas para una nueva Europa. IESE.
MULLER, P., FONTRODONA, J. (2021). Horizonte ESG. Cuaderno 49: Compromiso y consistencia. IESE.
SETOLA, R., ASSENZA, G., VACCARO, A. (2021). Complessità, intelligenza artificiale e infrastrutture critiche. Società Italiana di Intelligence.
MULLER, P., FONTRODONA, J. (2021). Economía circular: una revolución en marcha. Cuaderno 48 de la Cátedra CaixaBank. IESE.
MULLER, P., FONTRODONA, J. (2020). Smart cities y ciudadanía inteligente. Tecnología, privacidad y desarrollo. Cuaderno 47 de la Cátedra CaixaBank. IESE.


VACCARO, A. (2021). Betty's Wines. Ethical problems of an "organic" narcissistic entrepreneur. IESE, BE-210-E.
GIUSEPPE GIURA,, VACCARO, A. (2021). Premià de Dalt (A). Privatization in the Name of Security? IESE, BE-208-E.
GIUSEPPE GIURA,, VACCARO, A. (2021). Premià de Dalt (B). Privatization in the Name of Security? IESE, BE-209-E.
CALLEJA, R., SÁNCHEZ, B. (2020). Apple Inc. vs. the White House, or "Those Jobs Aren't Coming Back". IESE, BE-205-E.
CALLEJA, R., SÁNCHEZ, B. (2020). Apple Inc. contra la Casa Blanca, o "Esos empleos no van a volver". IESE, BE-205.

Technical Notes

PILKIS, T., CALLEJA, R. (2021). Am I Messing It Up?. Frequent Ethical Issues in Business. IESE, BEN-144-E.
CALLEJA, R. (2019). What Are Companies Responsible For? Whom Should Executives Serve? IESE, BEN-143-E.
CALLEJA, R. (2019). ¿De qué son responsables las empresas? ¿A quién deben servir los directivos? IESE, BEN-143.
CALLEJA, R., MARÍN, S. (2019). ¿Es bueno trabajar? IESE, BEN-140.
CALLEJA, R., MARÍN, S. (2019). Ethics Beyond Dilemmas. A Three-Dimensional Model. IESE, BEN-141-E.