Incorporating Business Ethics into Governance for Sustainable Organizational Development; The Small Scale Approach.

International Journal of Management and International Business Studies ISSN 2277-3177 Volume 4, Number 2 (2014), pp. 205-212

8 Pages Posted: 22 Sep 2014

See all articles by Vincent Tawiah

Vincent Tawiah

Griffith University; University of Mysore - Department of Commerce; University of Cape Coast; Dublin City University Business School

Date Written: July 6, 2014

Abstract

It has become a cliché that environmental problems are substantial, and that business contributes to them. A common response is stricter environmental regulations, which often inhibit growth. The result can be a trade-off between a healthy environment on the one hand and healthy growth on the other. As a consequence, opportunities for business may be constrained. However, there are some forms of development that are both environmentally and socially sustainable. This is what sustainable development is all about - a revolutionary change in the way we approach these issues.

This paper has identified three major connections namely bearable, viable and equitable between the field of business ethics and sustainable organizational development. The paper has further suggested ways to strengthen this relationship for improved sustainable business development to all who are affected by the business. These suggestions have been group under the three connections. Some of these are the 3Rs, going green, fair and equitable remuneration. Fusing all three connections together, business must practice the “law of karma” and desist from “tragedy of commons”.

Keywords: Business ethics, Sustainable Development, Small Scale

JEL Classification: G30

Suggested Citation

Tawiah, Vincent, Incorporating Business Ethics into Governance for Sustainable Organizational Development; The Small Scale Approach. (July 6, 2014). International Journal of Management and International Business Studies ISSN 2277-3177 Volume 4, Number 2 (2014), pp. 205-212, Available at SSRN: https://ssrn.com/abstract=2499096

Vincent Tawiah (Contact Author)

Griffith University ( email )

PMB 50
Gold Coast Queensland 9726
Australia

University of Mysore - Department of Commerce ( email )

Mysore
India

University of Cape Coast ( email )

PMB, UCC, GHANA
Department of English
Cape Coast, Central Region
Ghana

HOME PAGE: http://ucc.edu.gh

Dublin City University Business School ( email )

Dublin 9
Ireland

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