Abstract
This article analyzes efforts in Nicaragua to create ethical organizations and an ethical economy. Three societal ethea found in contemporary Nicaragua are examined: the ethos of revolution, the ethos of corruption, and the ethos of human development. The emerging ethos of human development provides the most hope for the nation's social and economic evolution. The practices of three successful economic development organizations explicitly aligned with the ethos of human development are described and evaluated: (1) a microfinance foundation (FDL), (2) a federation of cooperatives (FENACOOP), and (3) a local branch of an international NGO (IO-Nicaragua). The article concludes with additional reflections on the meaning of ethical organizations and an ethical economy in the context of contemporary Nicaragua.
| Original language | English |
|---|---|
| Pages (from-to) | 231-244 |
| Number of pages | 14 |
| Journal | Journal of Business Ethics |
| Volume | 88 |
| Issue number | SUPPL. 2 |
| DOIs | |
| Publication status | Published - Sept 2009 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty -
SDG 5 Gender Equality -
SDG 8 Decent Work and Economic Growth
Keywords
- Corruption
- Economic development organizations
- Nicaragua
- Revolution
- Societal ethos
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