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Business Ethics and Ethical Leadership

In: Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II

Author

Listed:
  • Dipak Basu

    (Nagasaki University)

  • Victoria Miroshnik

    (Reitaku University)

Abstract

The enterprise’s long-term success depends on the successful harmonization of the stakeholders’ interests. If the enterprise’s vision and enterprise’s policy, influenced and created by the owners, are not in the interest of all stakeholders, the latter will simply not participate in the future business activities. Therefore, it is in the owner’s main interest to consider the interests of all stakeholders, which would consequently result in the enterprise’s ethical behavior. Ethical leadership is crucial and vital in providing direction that enables the organization to fulfill its mission and vision and achieve declared goals. Ethical leadership is regarded as the key factor in the management of an organization’s reputation in the external environment, and in comparison with competitors. This chapter analyzed various aspects of these issues in the context of modern management.

Suggested Citation

  • Dipak Basu & Victoria Miroshnik, 2021. "Business Ethics and Ethical Leadership," Springer Books, in: Ethics, Morality and Business: The Development of Modern Economic Systems, Volume II, chapter 0, pages 95-137, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-68067-1_4
    DOI: 10.1007/978-3-030-68067-1_4
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