Ethical Leadership - The Cornerstone of Running a Business Successfully

Abstract

Ethical leadership has become a vital concept in today's corporate world, as recent scandals have highlighted the catastrophic impact of unethical practices. This article delves into the core principles of ethical leadership and explores how it influences organizational culture, decisionmaking, and long-term business success. It examines prominent global and Indian corporate failures that illustrate the importance of integrity and transparency in leadership roles. Through a review of literature, analysis of objectives, and study of ethical leadership's organizational benefits, this article underscores the essential role that ethical leaders play in fostering sustainable growth and creating positive stakeholder relationships.