Impact of business ethics on Nigerian financial institutions Online publication date: Tue, 25-Feb-2020
by M.E. Agwu
International Journal of Business Excellence (IJBEX), Vol. 20, No. 2, 2020
Abstract: Ethics represent sets of high moral standards and requirements in office holders. This is on the premise that they will be held accountable for any form of misdemeanour. It is also all encompassing and serves as yardsticks for judgment of societal uprightness. The murky waters of business are neck-deep in different types of moral and immoral dealings. Shortcuts and unconventional practices have become prevalent. The codes of ethics which are the sets of moral principles are relegated to the background. The banking industry which plays an intermediation role in every economy has its own fair share of these unethical practices. This paper therefore explores this Trojan and its impacts on the Nigerian financial institutions. Findings reveals plethora of unhealthy practices and discusses their effects on these institutions. Furthermore, the paper recommends the need for a total clean-up and proposes that government must intervene to sanitise these institutions which serve as the heart and soul of the Nigerian economy.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Excellence (IJBEX):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook