Ethical Leadership: Exploring Moral Entrepreneurship and Implications

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Added on  2022/11/16

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This report delves into the multifaceted concept of ethical leadership, examining its core components and expanding on existing definitions to include the concept of moral entrepreneurship. The report begins by defining ethical leadership, referencing key scholarly definitions and outlining the roles of the moral person and moral manager. It then introduces moral entrepreneurship as a crucial new component, exploring its antecedents and outcomes. The analysis highlights the creation of new ethical norms and the positive impact on community moral improvement. Furthermore, the report discusses the relationship between the moral manager and moral person, and the implications for management and future research, emphasizing the importance of ethical leadership in fostering stakeholder trust and social betterment. The report concludes by suggesting areas for future research and practical applications for managers seeking to establish and maintain ethical standards within their organizations.
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Ethical Leadership
Name of the Student
Name of the University
Author Note
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Definition of Ethical Leadership
Ethical leadership is also known as ethical leader behavior, leadership ethics,
moralized leadership, responsible leadership and responsible leadership
Scholars and researchers used many approaches to define the ethical
leadership
It has been found from the researches and studies that ethics has a place in the
core of the leadership
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Supporters
The definition of Brown et al. (2005) is widely used, as the definition is ethics-specific
It clearly differentiates the two components of moral manager and moral person
The definition is also flexible and justified by two studies
It specifies the positive form of leadership as well as the ethical aspect of leadership
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Criticisms
The definition is only descriptive and vague, critical justification was missing
The definition as well as the measurement of moral person and moral manager is
incomplete
Some items used are not the proper characteristics of ethics
The scale or measurement is also not multidimensional
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New Component of Ethical Leadership
The moral entrepreneurship is missing in the definition of Brown et al. (2005)
A social development approach is also required, as it aims in the leadership direction which
need to be followed
Studies on corporate social responsibility is also needed
Proactive form of leadership is also discussed in the literatures which helps to differentiate
between management and leadership
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The Moral Entrepreneur
A moral entrepreneur builds a fresh ethical norm, according to the sociological literature
Two kinds of moral entrepreneurs are identified and differentiated by Becker, between the new norms creator and
enforcer of these fresh norms
The concept of moral entrepreneurship has been enforced to the hurdles faced by nongovernmental companies
The concept of moral entrepreneurship has been enforced to the business field
Moral entrepreneur is totally different from the social entrepreneur
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Model of Modern Entrepreneurship
20 prominent outcomes of ethical leadership are identified by Bedi et al. (2016)
These outcomes can also be enforced to moral entrepreneurship studies
Positive along with the negative outcomes of ethical leadership can be applied to moral entrepreneurship
Moral entrepreneurship also introduced various outcomes and antecedents of ethical leadership
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Antecedents
The opportunity and projection for moral entrepreneurship varies with each other
Opportunities and moral issues are directly proportional to each other
Moral entrepreneurship depends on the addressing of the moral issues, whether in long term or short term
Fresh ethical challenges were written by Carroll (2000) in order to upbringing of new businesses
Urgency of moral issues aids to create moral entrepreneurship
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Outcomes
The concept of moral entrepreneurship engages other possible outcomes, apart from those present in ethical
leadership provided in the literature
A new ethical norm is the feature of moral entrepreneurship, which contributes in the betterment of the
community
It concludes that leaders can contribute to this betterment at a distinct level
Moral entrepreneurship has a positive influence on the moral improvement of the community or society
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Moderators
It has been found that the three components of ethical leadership can complement each other
There exist a relationship between the moderator role of the moral manager and moral person
The components of the moral manager and the moral person can positively influence the outcomes of moral
entrepreneurship
The impact of moral entrepreneurship is directly proportional to the to the moral improvement of the community
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Discussion
The moral entrepreneur is enforced in this research paper apart from moral person and moral manager
The antecedents and outcomes of moral entrepreneurship has been explored in this research paper
Moral improvement of the community and the trust of shareholders are the two fresh outcomes of moral
entrepreneurship
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Research Implications
New empirical and normative research has been invited by the concept of moral entrepreneurship
The items represents the moral entrepreneurship in the settings of a business entity
It includes both empirical and theoretical implications
Future research also focuses on the normative operationalization of moral entrepreneurship
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