The purpose of this study was to determine the nature and level of ethical leadership asrnperceived by teachers in a sample of private and government secondary schools in AddisrnAbaba. The purpose was also to determine the role of dimensions of ethical leadership andrnteacher and school factors in explaining ethical leadership. A descriptive survey researchrndesign was adopted as it suitably describes data and characteristics about the population ofrninterest and construct of ethical leadership being studied. The study was alsorncorrelational/explanatory because it sought to see relationships among constructs of ethicalrnleadershipUsing a piloted valid and reliable ethical leadership scale and multiplernregression five constructs and school and treachery factors are used to predict ethicalrnleadership assessments and the role of the individual predictors such as the scalerndimensions and teacher factors ( age, gender, work experience and qualification) andrnschool factors ( school individuality and school ownership).Based on findings from 210rnvalid questionnaires the ethical leadership scores while in general positive were inrnindividual schools different at a level of statistical significance. The study further showedrnthere was a systematic difference based on ownership with school leaders in privaternschools receiving more generous ratings.Besides demonstrating significant inter-factorrnrelationships the four factors of behavioral ethics, decision-making ethics, communicationrnethics and climate ethics were important predictors of ethical leadership perceptions/Thernstudy considered school and teacher factors ( gender, age, qualification and teachingrnexperience ) to find out their contribution but this was limited. Recommendations forrnfurther research are indicated.