Title: Effect of manager's ethical behaviour and organisational ethics on performance: a case of banking industry of Bangladesh

Authors: Nowrin Dewan Asphia; Mohit Srivastava

Addresses: Department of Strategy, Faculty of Business Administration, Prague University of Economics and Business, 130 67 Praha 3-Žižkov, Czechia ' EM Normandie Business School, Métis Lab, 20 Quai Frissard, 76600 Le Havre, France

Abstract: The banking and financial system primarily determine the economic performance of a country. Banking and finance are vital in framing different policies in today's environment. Ethical issues in the financial sector affect everyone in society positively and negatively. This paper investigates how ethical behaviour affects the banking industry and its performance in Bangladesh. This study determines the relationship between the factors that directly or indirectly influence ethical business practice. Data were derived from a questionnaire explicitly focused on the banking sector of Bangladesh. The result shows that the code of conduct does not affect the manager's ethical behaviour or business ethics within the organisation if it is not strongly implied. The result also suggests that the overall bank performance is highly influenced if a practice of business ethics is governed by the code of conduct content. These findings indicate that strong policies, regulations, and laws should force the organisation to follow the code of conduct to ensure ethical behaviour.

Keywords: ethical banking; practice of business ethics; code of conduct; manager's ethical behaviour; Bangladesh banking sector.

DOI: 10.1504/IJBGE.2025.144770

International Journal of Business Governance and Ethics, 2025 Vol.19 No.2, pp.154 - 175

Received: 30 Jun 2022
Accepted: 18 May 2023
Published online: 03 Mar 2025 *

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