TRUST AND LOYALTY AS UNIVERSAL ETHICS IN GLOBAL BUSINESS OF GOVERNANCE Cover Image

TRUST AND LOYALTY AS UNIVERSAL ETHICS IN GLOBAL BUSINESS OF GOVERNANCE
TRUST AND LOYALTY AS UNIVERSAL ETHICS IN GLOBAL BUSINESS OF GOVERNANCE

Author(s): Maraizu Elechi
Subject(s): Philosophy
Published by: Instytut Filozofii i Socjologii Polskiej Akademii Nauk i Fundacja Filozofia na Rzecz Dialogu
Keywords: Trust; loyalty; ethical universalism; global business; good governance

Summary/Abstract: Trust and loyalty are universal human needs for moral knowledge, healthy relation- ships and good governance. They are core universal ethical values and virtues that ena- ble people to relate freely under any sentient socio-political milieu. Public trust and loyalty in governments and in leaders across the globe is drastically declining with ris- ing sense of hopelessness and lack of confidence that make citizens yearn for change. Meanwhile, some scholars have argued that distrust and disloyalty are as valuable as their contraries, especially when justified. Justifiably, one can be protected from harm and actions that could have negative effects on his reputations and self-respect, with inherent socio-political benefits and roles to good governance and the development of society. The point is that the reasons we have to trust and show loyalty are as valuable as the reasons we have to distrust and show disloyalty to someone or government. This means that trust and loyalty can either be withdrawn or betrayed. However, as valid as this sounds, the main thrust of this paper is that it is virtuous to trust and show loyalty until one finds valuable reason to withdraw or betray such trust or loyalty. Analytically, the paper concludes that genuine trust and loyalty promote common good in the global business of governance.

  • Issue Year: 2024
  • Issue No: 1
  • Page Range: 173-187
  • Page Count: 15
  • Language: English
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