Corporate values, ethical leadership and social responsibility practices in mature SME’s in China: Basis for enhanced ethical leadership practices

International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 8

Available Online25 August 2023

Author/s:

Tang, Lixia
Graduate School, Lyceum of the Philippines University – Batangas, Philippines

Abstract:

The study aimed to examine the corporate values, ethical leadership, and social responsibility practices in mature companies in China to become the basis for developing a strategic plan to enhance ethical leadership and corporate social responsibility of the mature companies. The study utilized the self-made questionnaire as the data-gathering instrument. Participants of the study were 300 employees from mature enterprises in Hunan, Guangdong and Guangxi provinces. Weighted mean and rank were used to describe the corporate values in terms of economic values, social, moral, spiritual, professional, and physical; assess the ethical leadership as to care, critique, and justice; determine the social responsibility practices with reference to economic practices, social and environmental. Spearman rho was used to test the significant relationship as part of the non-parametric tests. All analyzes were performed using SPSS version 28. The study revealed that the respondents had a strong agreement on their corporate values comprising economic, social, moral, spiritual, professional and physical values. They agreed on ethical leadership possessed by the leaders as to care, critique and justice. They also agreed on the companies’ corporate social responsibility perspectives as to economic, social and environmental. There was very strong direct relationship between corporate values and ethical leadership. It also found that there was a very strong direct relationship between corporate values and corporate social responsibility practices and a very strong direct relationship between ethical leadership and corporate social responsibility practices. A Strategic Plan to enhance ethical leadership and corporate social responsibility was developed.

Keywords: corporate values, ethical leadership, corporate social responsibility

PDF

DOIhttps://doi.org/10.5861/ijrsm.2023.1102

Cite this article:
Tang, L. (2023). Corporate values, ethical leadership and social responsibility practices in mature SME’s in China: Basis for enhanced ethical leadership practices. International Journal of Research Studies in Management, 11(8), 125-135. https://doi.org/10.5861/ijrsm.2023.1102