Practical Applications of Ethical and Sustainable Leadership in Internal Management | Chapter 2 | The Tapestry of Development: Weaving Ethics into a Sustainable Future

 

The notion of sustainable development has consistently been pivotal in directing global initiatives, whether via philosophical contemplation of "harmonious coexistence between man and nature" or through environmental conservation amidst industrial civilisation. In 2015, 193 United Nations member states ratified 17 Sustainable Development Goals (SDGs) to enhance human accountability for sustainable development. These objectives necessitate that nations, organisations, and people engage in actions promoting sustainable development.

 

The objective of the study is to examine the influence of ethical leadership on sustainable development, particularly in bridging the gap between the acknowledgement and the successful execution of ethical and sustainable leadership practices inside enterprises. This research was guided by two key theoretical frameworks: ethical leadership and transformational leadership. Primary subjects involved fundamental characteristics and conduct of ethical and sustainable leaders; barriers to execution (short-termism, integration difficulties); assessment and appraisal of sustainability efforts. Essential arguments included ethical and sustainable leadership demands distinct characteristics beyond conventional frameworks; effective execution needs to surmount challenges such as a short-term orientation; comprehensive assessment methods are vital for gauging program efficacy. Methodological approach involved systematic literature research, case study analysis, and surveys of employees and leaders. The study delivered an in-depth comprehension of ethical and sustainable leadership, including pragmatic solutions and evaluative instruments for enterprises. Promotes socially responsible and sustainable corporate operations. The target audience included decision-makers, corporate executives, sustainability specialists, academics, and researchers in leadership.

 

This research underscores the critical role of ethical leadership in driving sustainable development. By identifying key leader characteristics, implementation strategies, and effective measurement techniques, this study aims to bridge the gap between recognising the need for ethical and sustainable practices and their practical application. Ultimately, it advocates for a shift towards a more responsible and resilient business landscape, benefiting both organisations and society at large. The impact of ethical and sustainable leadership extends far beyond individual companies. It has the potential to ripple outwards, shaping a more just, equitable, and environmentally conscious global landscape. This research serves as a catalyst, not just for businesses, but for policymakers, educators, and all stakeholders who share the vision of a sustainable future.

 

 

Author(s) Details

John Motsamai Modise
Tshwane University of Technology, South Africa.

 

Please see the book here :- https://doi.org/10.9734/bpi/mono/978-93-88417-39-6/CH2

Balancing Strategy, Innovation, and Law for Sustainable and Ethical Development| Chapter 8 | Business, Management and Economics: Research Progress Vol. 3

 

This article explores the intricate relationship between strategy, innovation, and legal frameworks, emphasising their collective importance in fostering sustainable and ethical business practices. Through a comprehensive literature review, detailed case studies, and empirical analysis, the study examines how leading companies such as Apple, Tesla, Patagonia, and Unilever successfully integrate strategic planning and innovation within robust legal and ethical boundaries. The discussion highlights the critical role of adaptive legal systems, the necessity of ethical guidelines, and the strategic advantages of Corporate Social Responsibility (CSR) and the Triple Bottom Line (TBL) principles.

 

The findings underscore that strategic planning must not only focus on competitive advantage but also on creating value in a dynamic business environment. Innovation, driven by technologies such as artificial intelligence (AI), blockchain, and the Internet of Things (IoT), is identified as a key driver of economic growth and societal progress. However, the rapid pace of technological advancement often outstrips the development of corresponding legal frameworks, necessitating flexible and principles-based regulation.

 

The article also discusses the practical challenges and opportunities in aligning strategy, innovation, and law, with recommendations for policymakers, business leaders, and legal experts. It calls for a collaborative approach to lawmaking, the adoption of Regulatory Technology (RegTech), and the integration of ethical considerations into business strategies. The limitations of the study are acknowledged, including the scope of the literature reviewed and the focus on large corporations in specific regions. Recommendations for further research are provided, advocating for broader studies across diverse industries and geographical contexts, primary data collection, and cross-disciplinary collaboration.

 

This article provides valuable insights into how organisations can navigate the complexities of modern business landscapes by harmonising strategy, innovation, and legal frameworks to achieve sustainable and ethical progress.

 

Author(s) Details

Gordian Ifeanyi Nweke
Faculty of Business Management, Capella University, Minneapolis, MN, USA.

 

Ogochukwu Chidiebere Nweke|
School of Business, Leadership and Legal Studies (SBLL), Regent University College of Science and Technology (RUCST), Accra, Ghana and Faculty of Law, Governance and International Relations, Kings University College (KUC), Accra, Ghana.

 

Please see the book here:- https://doi.org/10.9734/bpi/bmerp/v3/1848

Impact of Corporate Social Responsibility Practices on the Financial Performance of Microfinance Institutions in Togo | Chapter 7 | New Innovations in Economics, Business and Management Vol. 10

Two objectives of microfinance are to reduce poverty (social performance) and to guarantee long-term profitability (financial performance). Microfinance institutions (MFIs) also have a social duty to its stakeholders in addition to these two factors. MFIs are among the numerous businesses that are becoming more interested in corporate social responsibility (CSR) policies. Many advantages, including as employee recruitment and loyalty, customer retention, and brand reputation, are promoted; nevertheless, CSR also results in higher expenses. The primary goal of this paper is to evaluate how Togolese MFIs' CSR activities affect their financial performance (FP). A sample of 60 Togolese MFIs was analysed using principal component analysis and partial least squares methods. Using the return on assets as a benchmark (ROA), The findings show that CSR positively and significantly affects MFIs' financial performance in the areas of customers, workers, and the community, but negatively and significantly affects their environmental performance. Given the general increase in interest in environmental concerns, educational initiatives and governmental regulations must be established and put into place to alter the perception that environmental efforts and costs are unimportant.

Author(s) Details:

Akouvi Gadedjisso-Tossou,

Faculty of Economics and Management, University of Lome, Lome, Togo.

Curwitch P’ham Bodjona,

Faculty of Economics and Management, University of Lome, Lome, Togo.

Maman Tachiwou Aboudou,

Faculty of Economics and Management, University of Lome, Lome, Togo.

Jean-Pierre Gueyie,

School of Management, University of Quebec in Montreal, Montreal, Quebec, Canada.

Please see the link here: https://stm.bookpi.org/NIEBM-V10/article/view/7412