An examination of Ethical Governance: Its role in energising commitment to responsible business practices

Faye, Sainey (2024) An examination of Ethical Governance: Its role in energising commitment to responsible business practices. Journal of Legal, Ethical and Regulatory Issues, 27 (5). ISSN 1544-0036

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Abstract

The field of business management continues to explore for more appropriate ways of responding to emerging issues on social responsibility. One notable shift that has occurred following a rethink in corporate governance and wider business management approaches is a move away from being solely preoccupied with the goal of maximising the wealth of owners. In the wake of growing public demand on social issues, businesses of all sizes are increasingly recognising the need for their practices to be seen to be responsive to broader stakeholders’ expectations. This includes the need to demonstrate a commitment to social responsibility. Drawing from varied theoretical perspectives encompassing notable ethical and corporate governance theories, this paper examines the role of ethical governance and its likely impact in encouraging responsible business conduct. Secondary data procedures are employed to elucidate on the topic, with evidence pointing to the strong but often intricate connection between ethical imperatives in governance and responsible business practices.

Item Type:	Article
Keywords:	Corporate Governance, Corporate Governance Theories, Ethics, Ethics Theories, Ethical Governance, Responsible Business Practice, Corporate Social Responsibility, Stakeholders.
Depositing User:	RED Unit Admin
Date Deposited:	04 Sep 2024 11:23
Last Modified:	18 Sep 2024 12:47
URI:	https://bnu.repository.guildhe.ac.uk/id/eprint/19178

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