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Role of CEO’s Moral Compass as the Organization’s Fourth Dimension (4-D) in the Era of Digital Transformation

In: Corporate Social Responsibility and Entrepreneurship for Sustainability

Author

Listed:
  • Young Won Park

    (Saitama University
    University of Tokyo)

  • Ye Jin Park

    (INSEAD)

Abstract

We propose a novel construct called the fourth dimensional (4-D) organization, referring to firms with a 4th dimension that serves as the moral compass providing strategic direction. We show the value of the fourth dimension that links the firm’s performance to societal flourishing. We apply the theory using an in-depth case study of a nepes, a Korean enterprise, to show that effective implementation of the 4-D organization increases employees’ locus of control and helps them to utilize their creative and innovative capabilities.

Suggested Citation

  • Young Won Park & Ye Jin Park, 2021. "Role of CEO’s Moral Compass as the Organization’s Fourth Dimension (4-D) in the Era of Digital Transformation," Springer Books, in: Corporate Social Responsibility and Entrepreneurship for Sustainability, chapter 0, pages 95-117, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-3460-4_7
    DOI: 10.1007/978-981-16-3460-4_7
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