Shaping Business Ethics and Corporate Governance: An Inclusive African Ubuntu Philosophy

1
James Kamwachale Khomba
James Kamwachale Khomba
2
Rhoda C Bakuwa
Rhoda C Bakuwa
3
Ella Cindy Kangaude-Ulaya
Ella Cindy Kangaude-Ulaya
1 University of Malawi

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GJMBR Volume 13 Issue A5

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Cultural beliefs and philosophies are fundamental in shaping a society. Lately, there have been various discussions about the values of the African Ubuntu philosophy in many aspects as it relates to issues of human relationships, business ethics and corporate governance. As a governing African philosophy, the Ubuntu is inclusive in nature as it considers all members of the community (organisation) as one entity aiming at achieving one purpose. There have been assertions that the ultimate success of any organisation operating in an African environment is premised on this Ubuntu framework. This study aimed at establishing corporate governance approach as practiced by organisations within an African context. Thus, the paper analyses and reports on research findings pertaining to issues towards general business ethics and corporate governance approaches within an African context. The study results show that Africa’s socio-cultural framework that is premised on the Ubuntu philosophy resonates with general principles surrounding business ethics and corporate governance.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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James Kamwachale Khomba. 2013. \u201cShaping Business Ethics and Corporate Governance: An Inclusive African Ubuntu Philosophy\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 13 (GJMBR Volume 13 Issue A5): .

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GJMBR Volume 13 Issue A5
Pg. 31- 42
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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v1.2

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May 17, 2013

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English

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Cultural beliefs and philosophies are fundamental in shaping a society. Lately, there have been various discussions about the values of the African Ubuntu philosophy in many aspects as it relates to issues of human relationships, business ethics and corporate governance. As a governing African philosophy, the Ubuntu is inclusive in nature as it considers all members of the community (organisation) as one entity aiming at achieving one purpose. There have been assertions that the ultimate success of any organisation operating in an African environment is premised on this Ubuntu framework. This study aimed at establishing corporate governance approach as practiced by organisations within an African context. Thus, the paper analyses and reports on research findings pertaining to issues towards general business ethics and corporate governance approaches within an African context. The study results show that Africa’s socio-cultural framework that is premised on the Ubuntu philosophy resonates with general principles surrounding business ethics and corporate governance.

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Shaping Business Ethics and Corporate Governance: An Inclusive African Ubuntu Philosophy

James Kamwachale Khomba
James Kamwachale Khomba University of Malawi
Rhoda C Bakuwa
Rhoda C Bakuwa
Ella Cindy Kangaude-Ulaya
Ella Cindy Kangaude-Ulaya

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