Chapter 2: Sources of ethical problems in business
Though religions are assumed to govern, to a large degree, the moral and ethical behavior of their followers, the violation of ethical standards in the field of business is certainly a common occurrence irrespective of religious teachings. In countries with Muslim majorities (CMMs), this is no exception. From Algeria to Indonesia and from Sudan to Albania, unethical and questionable business behaviors are on the rise. The media has extensively covered, for example, the corruption scandal of the major Algerian oil company Sonatrach, Indonesia’s beef corruption scandal, and the Mehran Bank scandal in Pakistan, to name but a few. Among the ten most corrupt countries listed in the 2012 Corruption Perceptions Index (CPI), six are Muslim countries and none are listed among the least corrupt top 20 countries (see Transparency International, 2012). The World Bank (2013) defines corruption as “Lack of integrity or honesty—especially susceptibility to bribery.”
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.