Spain

We conducted a study on business ethics in Spain, combining a survey of fifty-six PhD experts—each with over a decade of experience—and six in-depth interviews. The research identified five key themes, with ethics and values, along with sustainability, receiving the most academic attention. Although ethics is widely referenced and positioned at the core of management discourse, our findings reveal a lack of deep, reflective engagement with ethical theories among researchers. This suggests that while ethics is operationally present, it is not sufficiently transformational. We highlight the need to move beyond the use of ethics as a managerial tool and foster more profound theoretical reflection to ensure it drives meaningful change.