Corporate governance as a factor linking the ethical and economic dimensions of contemporary management

Purpose: Identification of corporate governance as a concept combining the ethical and economic dimension of contemporary organizations, taking into account the category of enterprise value. Design/methodology/approach: The paper is based on critical analysis of the literature, mainly in the field of corporate governance, as well as in the area of corporate value and ethics in management. Findings: The considerations presented in this study show that corporate governance can be approached as a management tool that would enable an enterprise to achieve various goals, both in the area of economic efficiency and business ethics. This means that corporate governance can be perceived as a factor that links the ethical and economic dimensions of contemporary management. Practical implications: Although the presented considerations are theoretical, they can be useful in practice in the work of managers of various enterprises. That is because they show the effects that can be achieved through introducing elements of corporate governance in the company. They show governance as a tool enabling the achievement of various goals. Social implications: Presenting governance in this way may result in greater interest in this concept. Its application in practice may cause multi-faceted beneficial socioeconomic consequences because governance provides such possibilities. Originality/value: This study shows a specific approach to the issues of corporate governance. This is not only a well-perceived code of good practices, but – above all – a tool for achieving various goals that are important for the functioning of modern enterprises.