© 2019

Applied Ethics for Entrepreneurial Success: Recommendations for the Developing World

2018 Griffiths School of Management Annual Conference (GSMAC) on Business, Entrepreneurship and Ethics

  • Sebastian Văduva
  • Ioan Fotea
  • Lois P. Văduva
  • Randolph Wilt
  • Examines business ethics and entrepreneurship across societal sector from the Romanian perspective with global applicability in emerging regions

  • Analyses the advantages of ethical behavior in the development of new enterprises

  • Explores the ways in which entrepreneurs support the optimization of ethical decisions in businesses

Conference proceedings GSMAC 2018

Part of the Springer Proceedings in Business and Economics book series (SPBE)

Table of contents

  1. Front Matter
    Pages i-viii
  2. Diana Ivana, Mihaela Drăgan, Diana Pitic, Liviu Ilieş
    Pages 39-49
  3. Crina Simona Poruţiu, Ciprian Marcel Pop, Andra Ramona Poruţiu
    Pages 71-79
  4. Oana Cristina Popovici, Adrian Cantemir Călin
    Pages 93-110
  5. Diana Ivana, Sorin Dan, Oana Cristina Popovici
    Pages 111-127
  6. Iulia Diana Popa, Dan-Cristian Dabija, David B. Grant
    Pages 129-146

About these proceedings


This proceedings volume examines the impact of ethics on business and entrepreneurship predominantly from the Romanian perspective. Featuring selected contributions from the 2018 Griffiths School of Management Annual Conference (GMSAC) on Business, Entrepreneurship and Ethics, this book investigates the impact of different social phenomena have upon the understanding and applicability of entrepreneurship and ethics, providing lessons for emerging economies.

In emerging economies, entrepreneurship is often times associated with a negative image and entrepreneurs are seen in an unfavorable light. This is due in part to the fact that from a superficial perspective, entrepreneurial behavior does not always amalgamate well with ethical behavior. Entrepreneurship is often perceived as “success at all costs” with little regard to the interest of stakeholder and, sometimes, even the law. On the other hand, ethics are often viewed as metaphysical, having little to do with business, organizational and financial success. In actuality, ethical decisions are a significant part of an organization and ethical behaviors impact organizational culture. Beyond the moral aspects associated with business ethics, companies that practice ethical demeanor are more profitable because investors, employees and consumers seek out companies that engage in fair practices.

Featuring contributions on topics such as medical ethics, business education, consumer behavior and governance, this book provides invaluable research and tools for students, professors, practitioners and policy makers in the field s of business, management, public administration and sociology.


Business Ethics Entrepreneurship and Ethics Quality Assurance in Higher Education Civil Society Medical Ethics Business Education and Ethics Ethical Behavior in Healthcare Governance Ethics Performance Management Knowledge Integration Management Advanced Knowledge Society/Economy FDI Motivations in CEE Countries Millennials versus Gen Z

Editors and affiliations

  • Sebastian Văduva
    • 1
  • Ioan Fotea
    • 2
  • Lois P. Văduva
    • 3
  • Randolph Wilt
    • 4
  1. 1.Griffiths School of ManagementEmanuel University of OradeaOradeaRomania
  2. 2.Griffiths School of ManagementEmanuel University of OradeaOradeaRomania
  3. 3.Emanuel University of OradeaOradeaRomania
  4. 4.College of Business and CommunicationsConcordia University TexasAustinUSA

About the editors

Sebastian A. Văduva is the current Dean of the Griffiths School of Management at the Emanuel University in Oradea, Romania, as well as a management scholar with numerous active ties, academic and entrepreneurial, in both Europe and the United States. He has developed various seminars on leadership and effective management on both micro- and macro-economic levels and is behind several programs intended to boost Romanian economy by drawing in international investors and business partners.

Ioan Ş. Fotea is a University Lecturer at the Emanuel University of Oradea, with an MBA and a PhD in Marketing from the prestigious ASE (Academy for Economic Sciences) in Bucharest, Romania. He is the coordinator of Emanuel University’s Master in Entrepreneurial Management program and owns Advanced Solutions Ltd., an international business consultancy firm, while actively participating in various domestic and international business and social projects.

Lois Văduva is a University Lecturer at Emanuel University of Oradea, with a PhD from the “George Enescu” National University of Arts in Iași, Romania. She began her research career at as an assistant at Advanced Solutions Ltd., an international business consultancy, before continuing her doctoral degree. Her areas of research include a transdisciplinary approach between the arts and socio-political influences and artistic management. She is involved in academic management at Emanuel University of Oradea and has experience in administering academic grants.

Randolph Wilt, is the Interim Dean of the College of Business and Communication at Concordia University Texas overseeing the areas of Business, Communication, Leadership and Public Health.   In addition, Wilt is a certified mediator and consults organizational leaders in mediation, interest-based negotiation and human resources talent management and has served as the past deputy director of corporate training for the University of Texas Project on Conflict Resolution. Wilt has served for more than 25 years within industry and in various corporate roles including banking, marketing, and his current position as chairman and past CEO of a national advertising and promotion firm in Austin, Texas. Academically, Wilt has taught at various U.S. institutions including West Virginia University, The Citadel Military College, and the University of South Carolina.

Bibliographic information

  • Book Title Applied Ethics for Entrepreneurial Success: Recommendations for the Developing World
  • Book Subtitle 2018 Griffiths School of Management Annual Conference (GSMAC) on Business, Entrepreneurship and Ethics
  • Editors Sebastian Văduva
    Ioan Fotea
    Lois P. Văduva
    Randolph Wilt
  • Series Title Springer Proceedings in Business and Economics
  • Series Abbreviated Title Springer Proceed. Business, Economics
  • DOI
  • Copyright Information Springer Nature Switzerland AG 2019
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management Business and Management (R0)
  • Hardcover ISBN 978-3-030-17214-5
  • Softcover ISBN 978-3-030-17217-6
  • eBook ISBN 978-3-030-17215-2
  • Series ISSN 2198-7246
  • Series E-ISSN 2198-7254
  • Edition Number 1
  • Number of Pages VIII, 158
  • Number of Illustrations 24 b/w illustrations, 0 illustrations in colour
  • Topics Corporate Social Responsibility
    Emerging Markets/Globalization
    Organizational Studies, Economic Sociology
  • Buy this book on publisher's site
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