International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Imperatives for Establishing Corporate Ethics: Examining National Strategic Planning and Public Policy
Sesan Ayodele, Uyi Lawani, Sylvester L. Itanrin

Successive governments in Nigeria (colonial, military, civilian) have made deliberate efforts to evolve a nation-state governance with corporate ethics. They have considered this useful for the facilitation of the pace of socio-economic development. Despite the robustness of the country's resource endowments, development policies and policy instruments as documented in previous and current development plans, growth has been historically hampered and stymied. The country’s rulers and the central government have therefore been evaluated by the generality of the populace in terms of how much each unit/component gains without the reciprocal consideration of how much each has put into it. Bearing in mind the heterogeneity of the nation, and the rivalry among the federating units, Nigeria remains underdeveloped with stagflation pressures and poverty. To alleviate this situation, this paper proposes an infusion of corporate ethics into all sectors of the polity led by small and medium scale enterprises.

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