Corporate responsibility, ethics and accountability

Nickson Hebert Odongo and Daoping Wang

Social Responsibility Journal, 2018, vol. 14, issue 1, 111-122

Abstract: Purpose - This study aims to ascertain the magnitude to which real corporate responsibility (CR), ethics and accountability practices exist in Kenyan corporations. Design/methodology/approach - The insights of qualitative and quantitative approaches are investigated through descriptive and exploratory study carried out on 193 Kenyan companies in the corporate sector and 5 focus groups discussions comprising 9 members each. Findings - The paper divulged that current practices on CR, ethics and accountability are relatively low, as only senior managers underwent training on ethics; accountability was broadly perceived as resources accounting instead of actual accountability; and responsibility is highly skewed toward senior management at the expense of stakeholders and society in which they thrive. Research limitations/implications - The concept of sustainability has not been emphasized as a dimension of CR, ethics and accountability. Fresh opportunities of inquiry are extended considering this aspect. Practical implications - This study affirms practices that have a positive effect on corporate stakeholders, communities and environment. Social implications - This study strives to develop approaches of managing and controlling, ensuring that the welfare of stakeholders and society as a whole is uplifted and sustained. Originality/value - The conception of CR, ethics and accountability practices signifies a theoretical innovation.

Keywords: Ethics; Society; Corporate responsibility; Accountability; Good governance; Ethical leader (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:srjpps:srj-10-2016-0175

DOI: 10.1108/SRJ-10-2016-0175

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