Business Ethics 3e: Khalidah Khalid Ali, Zulkufly Ramly and Lau Teck Chai (2026)

Business Ethics 3e: Khalidah Khalid Ali, Zulkufly Ramly and Lau Teck Chai (2026)

In a rapidly evolving business landscape shaped by globalisation, digital innovation and shifting cultural norms, Business Ethics 3e, attractively presented in vibrant colours to signify diversity, is a clear and thoughtful introduction to ethical decision making from individual, organisational and societal lenses. This textbook blends the key ethical theories with real-world case studies, mostly drawn from the resources gathered from the Malaysian and Asian experiences. Readers will learn how to navigate complex issues like corruption, workplace integrity, environmental responsibility, corporate governance and social impact within diverse geopolitical environments. Grounded in both global principles and regional insights, this book helps students and keen readers to develop critical thinking skills, promote ethical mindsets and reflect on how ethical leadership can shape a fairer and a more inclusive future within the global landscape. The format of this new edition well aligns with the Malaysian higher education system that is based on Outcome Based Education (OBE).

New to This Edition
Introduces new topics on:
• Building from the concepts of normative and descriptive ethics and reemphasis on the importance of upholding religious faith with respect for diversity and cultural differences.
• Al-Ghazali’s principles of ethics and social justice from Islamic perspective.
• The concept of Maqasid al-Shari’ah and its link to the Islamic worldview and Islamic ethical system.
• Corporate governance updates in Malaysia with contemporary real cases on conflicts of interest, fraud and breach of trust in Malaysian institutions, Malaysian Code on Corporate Governance (2021) and updates.
• Corporate Social Responsibility (CSR) chapter updates for business sustainability.
• Common workplace issues with new chapter updates and additions, including breach of trust and PDPA amendments that relate to data insecurity in Malaysia.
• A legal framework on privacy matters in Malaysia, the Personal Data Protection Act 2010 and its latest developments in managing information system security.
• Women at work and the legality of sexual harassment in Malaysia, incorporating the Anti-Sexual Harassment Act 2022.
• Occupational health and safety updates in Malaysia and the introduction of the Occupational Safety and Health (Amendment) Act 2022.
• A newly added Chapter 10, deliberating on artificial intelligence (AI), ethics and its impacts on the society.
• Updates on contemporary issues to promote global ethics with real life up-to-date cases to emphasise the importance of applying ethics as the world evolves with digital innovations, labour mobility and other global challenges, including waste management.
• Summary and highlights on World Population: 1950-2024, The United Nations Sustainable Development Agenda: The 17 Sustainable Goals, updates on Malaysia’s rising temperature and global warming, the key to sustainable development and environment preservation from religious teachings, an overview of pollution and environmental issues in Malaysia, and the role of the government and institutions in addressing the environment.
• Includes 32 new cases, well spread in each of the 13 chapters’ content as well as end-of chapter case study sections. Relatable cases studies and real-world examples for practical discussions.
• Comprises new and revised issues with local realities at ‘review and discussion section’ of each chapter.

ISBN 978-967-2711-35-3 – Contents in 4-colour

About the Authors

Dr Khalidah Khalid Ali is a retired senior lecturer at the Department of Management and Humanities, Universiti Teknologi PETRONAS (UTP), Bandar Seri Iskandar, Perak D. R., Malaysia and currently a freelance consultant, trainer and keen writer. She also lectures on part-time basis to UTP undergraduate students on Ethics and Integrity, while involving in research and publication works. She has 17 years of industrial experience at PETRONAS Group of Companies, i.e., in general administration, human resource management and downstream retail sales prior to joining academia, and served for 25 years as an academician.
Khalidah holds a bachelor's degree in Analytical Economics with honours from the University of Malaya (1979), a Master of Science in Industrial Relations and Personnel Management from the University of London (London School of Economics and Political Science, 1983) and Ph.D. in Social Science and Humanities from Universiti Teknologi PETRONAS (2019). As an academic, she has taught Malaysian Studies, Principles of Economics, Malaysian Economy, Business Management, Introduction to Management, Human Resource Management, Entrepreneurship, and Ethics and Social Responsibility at UTP and the Open University Malaysia.
Her research interests encompass interdisciplinary social science, cultural studies, and value-based studies related to ethics in diverse and competitive global environments. Her Ph.D. thesis, titled ‘A Discourse on Consciousness of Ethics Among the Malays in Malaysia: 1970 to 2000’, delves into the evolution of ethical consciousness within the Malay community.
Khalidah has provided research and consultancy services in business organisation, marketing and ethics and has been a trainer in the related areas. Additionally, she contributed to the development of the Malaysian business ethics module, Etika Perniagaan Malaysia (EPM), aimed at enhancing ethical practices among small and micro-businesses in Malaysia. She has also been a journal paper reviewer in management, economics and ethics disciplines. Khalidah is the lead author of textbooks “Business Management - A Malaysian Perspective” 1e (2008) to 5e (2025), Business Ethics 1e (2014) and 2e (2018), published by Oxford Fajar Publishing for Malaysian and ASEAN higher learning institutions. She is affiliated with several professional organisations, including the Malaysian Institute of Management (MIM), PETRONAS Alumni, UTP Alumni, Kolej Tunku Kurshiah Old Girls’ Association (TKCOGA) and ResearchGate. Dr Khalidah may be contacted at khalidah_kh@utp.edu.my and/or khalidahkhalidali56@gmail.com.

Dr. Zulkufly Ramly is an Associate Professor at the Department of Finance, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM). With nearly 30 years of combined experience in banking and academia, his expertise spans corporate governance, financial management, banking, risk management, business ethics and personal financial planning. He began his career in the Malaysian banking sector, gaining eight years of practical experience in personal financial service, credit administration and recovery in a global bank. He later held academic appointments at the University of Malaya and Universiti Tunku Abdul Rahman before joining IIUM in 2013. At IIUM, he has served as Deputy Dean (Postgraduate and Responsible Research), Head of the MBA Programme, and Academic Advisor. He also co-advises the KENMS Integrity Project.
Dr. Zul is a Shariah Registered Financial Planner (ShRFP) with the Malaysian Financial Planning Council. He holds a PhD in Accounting from IIUM, an MA in Corporate Strategy and Governance from the University of Nottingham, and a BSc in Business Administration (Finance) from the University of Denver, Colorado.
His current research focuses on corporate governance, climate risk, green finance and financial literacy. He has published widely in international refereed journals and co-authored two textbooks — Business Ethics (1st & 2nd eds.) and Corporate Finance — both published by Oxford University Press.

Dr. Lau Teck Chai is a Senior Associate Professor at the Entrepreneurship and Enterprise Hub, Xi’an Jiaotong-Liverpool University (XJTLU), China. He obtained his BSc in Business Administration (Decision Science and Financial Management) from the University of Montana, USA, MBA (Strategic Management) from Universiti Teknologi Malaysia and Doctor of Business Administration (Marketing) from Southern Cross University, Australia. Currently, he supports XJTLU Syntegrative Education where he teaches modules in Entrepreneurship and Innovation, Futurology and Business Opportunities, Research Methods for Entrepreneurs and Business Model Generation. His works has been published in international journals such as Renewable Energy, Journal of Cleaner Production, Current Psychology, Asia Pacific Journal of Education and British Food Journal.

About the Authors
Preface
Acknowledgements
Contents
Chapter 1 Ethics and Its Conceptualisation in Life
Chapter 2 Internalising Ethics in the Conduct of Business
Chapter 3 Ethical Theories and Principles
Chapter 4 Islamic Business Ethics
Chapter 5 Ethical Leadership and Corporate Culture
Chapter 6 Corporate Governance
Chapter 7 Corporate Social Responsibility
Chapter 8 Common Workplace Issues
Chapter 9 Business Ethics and Information Technology
Chapter 10 Artificial Intelligence, Ethics and Society: Bridging Innovation and Accountability
Chapter 11 Marketing Ethics and Consumerism
Chapter 12 Ethics and the Environment
Chapter 13 Ethics in the Global Environment
Index

Instructors Supplements

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