ETHICAL INTELLIGENCE: ESPOUSING AFRICAN UBUNTU PHILOSOPHICAL BUSINESS APPROACH WITH JEWISH BUSINESS ETHICS SYSTEMS AS PANACEA FOR CORPORATE FAILURE IN AFRICA

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Sivave Mashingaidze

DOI:10.22495/cocv12i1c5p3

Abstract

The objective of this article is to espouse the indispensability of Jewish ethics system with African Ubuntu Philosophy as a panacea for reduction of corporate failure in Africa. This much has been demonstrated in the article with heavy reliance on descriptive phenomenology and secondary sources of data as methodology. The article found that in all the national codes of corporate governance in Africa the need for actively managing the ethical performance of companies is not emphasized but the codes are there in their books. The article again recommends an urgent need for enforcing the Jewish ethical system and the King III code together with the implementation of laws, enforcement of sanctions and strengthening of institutions of governance on a continuous basis.

Keywords: Ethical Intelligence, Ubuntu, Corporate Failure

How to cite this paper: Mashingaidze, S. (2014). Ethical intelligence: Espousing African Ubuntu philosophical business approach with Jewish business ethics systems as panacea for corporate failure in Africa. Corporate Ownership & Control, 12(1-5), 473-489. http://doi.org/10.22495/cocv12i1c5p3