Revisiting ethics in strategic management
Abstract
Purpose
The purpose of this paper is to explore the challenges faced by corporations in incorporating ethics into their strategic management processes.
Design/methodological approach
The research is based on a survey of the issues and the literature published in Europe, North America and Asia.
Findings
Findings indicate a definite gap between the implementation of strategy and the moral and ethical obligations of corporations. Given the decline in business ethics and recent corporate scandals it is proposed that ethics be brought back to the forefront of strategic management and integrated into the strategic management process.
Research limitations/implications
The paper serves as a instrument for debate and future research in that the ethical issues faced by corporations will continue to gather momentum as will the issues faced by traditional strategists.
Originality/value
This paper allows researchers and practitioners to gain an understanding of the issues and shortcomings in strategy and ethical integration, which allows for future research.
Keywords
Citation
McManus, J. (2011), "Revisiting ethics in strategic management", Corporate Governance, Vol. 11 No. 2, pp. 214-223. https://doi.org/10.1108/14720701111121074
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited