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

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Abstract

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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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

James Kamwachale Khomba, Rhoda C Bakuwa, eulaya. 2013. "Shaping Business Ethics and Corporate Governance: An Inclusive African Ubuntu Philosophy". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 13 (GJMBR Volume 13 Issue A5).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-A Classification JEL Code: G34
M14
Version of record

v1.2

Issue date
May 17, 2013

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

James Khomba
James Khomba University of Malawi
James Khomba
James Khomba
Rhoda Bakuwa
Rhoda Bakuwa