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a Dr Valdir de Jesus LAMEIRA
b Dr Jean HARRIS
c Pr Osvaldo L. G. QUELHAS
d Dr Roberto Guimarăes PEREIRA
THE RELATIONSHIP AMONG ETHICS, GOVERNANCE AND ECONOMIC DEVELOPMENTAND :
Economic Development
ABSTRACT
Using structural equations, this study investigates the
relationships among ethics, governance of state and
economic development. Statistical evidence was found of
relationships among these variables. This statistical evidence
suggests that institutions and governments will benefit from
acting in proactive ways to promote ethical practices to
improve the environment for business and thereby create
conditions for growth in trade to further the economic wellbeing
of individuals.
Keywords: Ethics, corruption, governance, economic development, organizations, structural equations, GDP growth, gross capital formation, income per capita, government effectiveness.
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