INTEGRATIVE APPROACHES OF BUSINESS ETHICS, CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY

Although the success of an organization appears to be related to financial performance, currently there is an important issue in literature and within society about the organizations' social attribute and responsibility. Business ethics (BE), corporate governance (CG) and social responsibility (SR) are concepts developed in recent decades in response to the growing number of corporate offenses. These three movements have generated so far less widely accepted requirements for improving business behavior. The main purpose of the paper is to explore these concepts, in a future where SR and CG must be seen in the context of a general paradigm of business ethics, but not limited to ethical responsibilities and also incorporating other types of responsibilities: economic, legal and philanthropic. In the paper we will conduct an exploratory research of the literature using an integrative vision, which allows us to propose a series of models for integrating business ethics, corporate governance and social responsibility. Following exploratory research, we came to the conclusion that corporate governance and SR are a subsequent component of business ethics, but also includes other additional dimensions. Implementation of these concepts in the organizational culture is a primary condition for organization sustainability.