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AMBIENTUM BIOETHICA BIOLOGIA CHEMIA DIGITALIA DRAMATICA EDUCATIO ARTIS GYMNAST. ENGINEERING EPHEMERIDES EUROPAEA GEOGRAPHIA GEOLOGIA HISTORIA HISTORIA ARTIUM INFORMATICA IURISPRUDENTIA MATHEMATICA MUSICA NEGOTIA OECONOMICA PHILOLOGIA PHILOSOPHIA PHYSICA POLITICA PSYCHOLOGIA-PAEDAGOGIA SOCIOLOGIA THEOLOGIA CATHOLICA THEOLOGIA CATHOLICA LATIN THEOLOGIA GR.-CATH. VARAD THEOLOGIA ORTHODOXA THEOLOGIA REF. TRANSYLVAN
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The STUDIA UNIVERSITATIS BABEŞ-BOLYAI issue article summary The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name. |
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STUDIA PHILOSOPHIA - Issue no. 3 / 2016 | |||||||
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THE CORPORATE GOVERNANCE CONUNDRUM: PERSPECTIVES FROM DANTE’S INFERNO. Authors: PIETER BUYS. |
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Abstract: The Corporate Governance Conundrum: Perspectives from Dante’s Inferno. Corporate sustainability reporting, renowned as an instrument for businesses to communicate how they function more efficiently and responsibly within the social and physical environment, while simultaneously remaining profitable, has evolved in an up-and-coming trend by businesses. Recent corporate history saw much contrast in ethical behaviour in the global corporate environment. On the one hand, Dante’s deadly sin of avarice was running amok, which resulted in spectacular corporate demises. On the other hand, there was the rise of the concept of sustainable development, which describes an organisational culture change aiming to ensure that routine business decisions are made within an economically, socially and environmentally responsible framework. However, given the realities of the modern business environment, intangible ethical philosophies and lip-service codes of ethical conduct may often not be sufficient to ensure responsible and sustainable corporate, environmental and social development.This article reflects on how corporate sin potentially contributes to the contemporary corporate governance conundrum as well as on whether ethics codes can change ethical behaviour. Keywords: Business ethics, corporate culture, corporate social responsibility, corporate sustainability
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