Keywords: business ethics, ethical awareness, sustainable development, business development, Lebanon, Middle East
Ethical awareness in Lebanon: promoting or hindering business development?
Corporations have increasingly become more aware of the need to inculcate issues of ethics, corporate social responsibility, and sustainable development in their decision making. Unethical corporate and managerial behaviours and practices are posing serious obstacles in the move towards development and prosperity. The main objective of this paper is to assess the levels of awareness towards business ethics among Lebanese workers. Lebanese respondents displayed mixed responses to various scenarios of unethical behaviours. Such gaps lead to the conclusion that some decision makers may prefer bottom line indicators over issues of transparency, stakeholders' rights, human capital development and similar concerns. Strategies and intervention mechanisms should be implemented to improve the current situation and pave the way towards growth and sustainable development across Lebanon.