Ethics and Governance in Human Resources Management at the Bank of Sierra Leone (BSL)

Abstract

This study explores Ethics and Governance in Human Resources Management at the Bank of Sierra Leone (BSL), focusing on balancing employee rights and organisational objectives. The research draws from established theories, including Stakeholder Theory and Agency Theory, to frame the analysis. A comprehensive review of the literature on ethical HR governance provides context for understanding BSL's practices. The methodology involved administering 100 questionnaires, of which 85 were completed, to staff across various levels at BSL. The data was analysed to assess HR governance structures, ethical frameworks, and the balance between employee welfare and institutional goals. Findings show that while BSL's ethical governance is strong, areas such as flexibility in HR policies, communication, and professional development need improvement. The results indicate that BSL's governance aligns with theoretical expectations, but continuous refinement is necessary for optimal balance. The study concludes by recommending policy flexibility, transparency, and employee engagement enhancements.