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Virtue-based Leadership in the United Kingdom and Nigeria

Kola Abimbola and Temi Abimbola

Chapter 8 in Ethical Leadership, 2011, pp 135-147 from Palgrave Macmillan

Abstract: Abstract This chapter discusses the role of ethics in strategic leadership within competitive and dynamic markets. Using two case studies, The Body Shop and the Nigerian Stock Exchange, we examine the need for a better understanding of the ethical aspects of leadership within corporations. The argument is that not only is it imperative for market-based institutions to be socially responsible to their stakeholders, but that virtue is an essential component of strategic leadership. The interactive effects of the prevailing micro and macro economic factors require a corre-spondent alignment between strategic leadership at the self, organisation, and societal levels. Our justification for these two cases is that a theory of ethical leadership needs to be generalisable, and applicable to the different socio-cultural environments within which organisations and businesses are incorporated. These different environments create complexities for competition, leadership, and decision-making.

Keywords: Corporate Social Responsibility; Business Ethic; Corporate Governance; Ethical Leadership; Strategic Management Journal (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29906-1_8

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DOI: 10.1057/9780230299061_8

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