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Leadership is situational. Decision making of a good leader is anchored on his personal belief & values and the business requirement of the organization. He is the best judge of his decisions, what is ethical or not ethical.
It is very important for an leader to take decisions in such a way that it will inspire the team members to passionately commit their duties and as a result prompt them to think out of the box. However there are certain factors which will influence such decision making as The environment in which the decision is taking - Most of the organization environement is an major influencing factor in terms of ehtical leadership decisions as organizational factors such as control environment, opinion of the top management, expectation of the organizations and work pressure , etc will affect the rational leadership decisions.
Background
Facts and information
Simplicity
Stakeholders involved
It will depend on many factors and the following are some issues I can up with:
The above are what I could come up with. I hope they are what you were looking for.