Abstract
This study aimed to explore the aspect of ethics in the context of corporate governance and to examine the possibility of integrating ethics in the corporate governance structure and process. This study analysis focused on qualitative methodology. The study found that corporate governance structure and institutionalisation of ethics are attributes of ethics that support the foundation of value governance practices. The findings of the study suggested a remedy for the shortfalls of the existing governance structure and process. This study contributed to the practical implications, that is, the ethical dimension that is useful for corporations to enhance their corporate governance practices, and academia, that is, contribution to knowledge by employing the social constructionist approach. This study is the first of its kind to explore corporate governance in the context of values using the social constructionist approach.