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The Ethics of Governance

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  • Wieland, Josef

Abstract

This article addresses the issue of whether and to what extent moral values can be attributed to collective actors. The paper starts from the premise that business ethics as the ethics of an organization is to be distinguished from the virtues of its members. This point is elaborated in both economic- and organization-theoretic terms within the framework of the New Economics of Organization. The result is the development of a concept of governance ethics. The ethics of governance is about the incorporation of moral conditions and requirements in the management, governance, and control structures of a firm. This is the contextual precondition for the long-lasting and beneficial effects of the virtues of individuals within the organizations.

Suggested Citation

  • Wieland, Josef, 2001. "The Ethics of Governance," Business Ethics Quarterly, Cambridge University Press, vol. 11(1), pages 73-87, January.
    • Handle: RePEc:cup:buetqu:v:11:y:2001:i:01:p:73-87_00
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    Cited by:

    1. C.-F. Wu, 2006. "The Study of the Relations among Ethical Considerations, Family Management and Organizational Performance in Corporate Governance," Journal of Business Ethics, Springer, vol. 68(2), pages 165-179, October.
    2. Sepideh Parsa & Reza Kouhy, 2008. "Social Reporting by Companies Listed on the Alternative Investment Market," Journal of Business Ethics, Springer, vol. 79(3), pages 345-360, May.
    3. Chaudhry Ghafran & Sofia Yasmin, 2020. "Ethical Governance: Insight from the Islamic Perspective and an Empirical Enquiry," Journal of Business Ethics, Springer, vol. 167(3), pages 513-533, December.
    4. Ignacio Alvarez Mon & Patricia Gabaldón & Margarita Nuñez, 2022. "Social entrepreneurs: making sense of tensions through the application of alternative strategies of hybrid organizations," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 975-997, June.

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