Corporate responsibility, ethics and accountability
In: Social responsibility journal: the official journal of the Social Responsibility Research Network (SRRNet), Band 14, Heft 1, S. 111-122
ISSN: 1758-857X
Purpose
This study aims to ascertain the magnitude to which real corporate responsibility (CR), ethics and accountability practices exist in Kenyan corporations.
Design/methodology/approach
The insights of qualitative and quantitative approaches are investigated through descriptive and exploratory study carried out on 193 Kenyan companies in the corporate sector and 5 focus groups discussions comprising 9 members each.
Findings
The paper divulged that current practices on CR, ethics and accountability are relatively low, as only senior managers underwent training on ethics; accountability was broadly perceived as resources accounting instead of actual accountability; and responsibility is highly skewed toward senior management at the expense of stakeholders and society in which they thrive.
Research limitations/implications
The concept of sustainability has not been emphasized as a dimension of CR, ethics and accountability. Fresh opportunities of inquiry are extended considering this aspect.
Practical implications
This study affirms practices that have a positive effect on corporate stakeholders, communities and environment.
Social implications
This study strives to develop approaches of managing and controlling, ensuring that the welfare of stakeholders and society as a whole is uplifted and sustained.
Originality/value
The conception of CR, ethics and accountability practices signifies a theoretical innovation.