Tag Archives: Business Ethics

Corporate Social Responsibility Practices and Reputation of Listed Firms in Nigeria: A Structural Equation Modeling Approach (Published)

With the advent of globalization, societal and economic concern increases; this did not give clear standards or regulations for measuring CSR that has been created by the organization. Thus many problems occur due to the inconsistency in which companies are capable of claiming activities that might not meet the general understanding of CSR initiatives. It may improve their reputation, or in some cases, companies do not have a clear understanding of what CSR means. Furthermore, the impacts of CSR practices on firms’ reputation are not well delineated in the literature. Hence, this study examined the impact of CSR practices and reputation of listed firms in Nigeria. Primary data collected through the use of a structured and validated questionnaire. Cronbach’s alpha reliability coefficients for the constructs ranged from 0.85 to 0.90. The response rate was 98%. Data were analyzed using descriptive and inferential statistics. Findings revealed that corporate social responsibility had a positive and significant effect on business reputation (R2 = 0.43, β = 0.654, t(389) = 15.697, p < 0.05), Business ethics and innovation significantly moderated the relationship between CSR and business reputation (ΔAdj.R2= 0.562, ΔF(3,386) = 167.55, p < 0.05) respectively. The study concluded that corporate social responsibility affects the corporate performance of firms in Nigeria.  Recommended that the practice of corporate social responsibility should be intensified by corporate firms to improve on their performance.

Keywords: Business Ethics, Corporate Social Responsibility, Innovation, business reputation

Business ethics and corporate social responsibility for business success and growth (Published)

The concepts of ethical behavior and corporate social responsibility have come to the fore in recent years in both developed and developing countries as a result of growing sense of corporate wrongdoing. These two concepts can bring significant benefits to a business. The idea that business enterprises have some responsibilities to society beyond that of making profits for shareholders has been around for centuries.  The paper addresses the concepts of business ethics and corporate social responsibility. From the perspectives of MBA students and managers, it came out that business ethics and social responsibility are very important for organizational growth and success.  Specifically, they consider business ethics to lead to positive employee, customer and community relations. Not only that but also, they perceive that better public image/reputation; greater customer loyalty; strong and healthier community relations can inure to the benefit of corporations that are socially responsible. Implications of the findings are finally drawn.

Keywords: Business Ethics, Corporate Social Responsibility, and Business Growth

BUSINESS ETHICS AND THE PERFORMANCE OF SERVICE FIRMS IN CALABAR, CROSS RIVER STATE, NIGERIA (Published)

This study investigates relevance of code of ethics on guiding the performance of service industry and examined also their compliance level on the established code of ethics. The study adopts descriptive research design while data were collated from 176 respondents cutting across selected Banks and GSM firms in Calabar, Cross River State. Our hypotheses were tested using Chi-square (X2) and all were supported by extant literatures. Results show that effective performance of service industry was dependent on code of ethics [X2cal = 18.082 > t 0.05 = 7.815] and that the compliance level of established code of ethics for service industry was high [X2cal = 13.801 > t 0.05 = 7.815]. Our findings therefore suggested that there should be specific procedures to always identify and deal with the issues of ethical misconduct; and it is important for organizations to increase punitive measures to violators of ethical codes.

Keywords: Business Ethics, Code of Ethics, Performance, Productivity

Corporate Governance: Actual and Aspirations, and Ethical Commitments-A field study-on Private Northern Jordanian Universities (The higher education sector – Jordan) (Review Completed - Accepted)

The study aims to investigate the reality of governance, and to which degree is the concept actually applied in the Jordanian Private Universities. To achieve the objective of the study, a questionnaire was developed for data collection which consisted of four sections, and was distributed to all members of the sample, which amounted to (250) individuals representing five private universities .The data was analyzed using (SPSS) based on the average, standard deviations regression analyses and correlation coefficient of T and F.

The study major results are the following: There is a positive medium degree of satisfaction for Governance application in the private universities, and participation of decision making was low.

The study came up with the following recommendations: work on activating the reality of governance, related concepts, as well as working to maintain spirit of justice, equality and value of the accountability, transparency, participation, and development of the constructive spirit of citizenship committed to ethics, motivate and encourage college faculties to respond to and interact with such type of studies.

 

Keywords: Business Ethics, Governance, Social Responsibility, Stake holder, Transparences, University governance