Corporate governance and sustainability ethics are taking center stage in developing economies’ business and corporate environment. Thus, companies are under pressure from investors, policymakers and regulators to improve financial stability through corporate governance and sustainability ethics. Given the limited number of studies available, this paper sheds light on the issue by providing a theoretical and systematic review of the corporate governance and sustainability ethics literature and exploring how both concepts aim to promote the corporate, social and economic environments. Despite the ambiguity surrounding coordination issues between corporate governance and sustainable ethics, some argue that corporate governance alone does not maintain sustainable development goals in developing economies. Hence, sustainable ethics is needed to supplement corporate governance in achieving better sustainable development.
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