Effect of Business Ethics on Performance of Manufacturing Firms in the South-east, Nigeria: A Study of Coca-Cola Industrial Ltd. Enugu, Nigeria
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Abstract
Over the years, business failure has become constant news. This may have resulted from boardroom crisis of confidence orchestrated by the neglect of business ethical best practices. The aim of this study is to determine the effect of business ethics on performance of Manufacturing Firms in the south-east, Nigeria with particular emphasis on Coca-Cola Industrial Ltd. Enugu, Nigeria. Regression analysis has been used for this study. The population size is 5493 workers of Coca-Cola Industrial Ltd. Enugu, Nigeria. Out of this the sample size has been fixed at 369. Yamani formula has been adopted. The results obtained shows that organizational equity significantly influences the performance of Coca-Cola Industrial Ltd. Technical integrity has effect on performance of Coca-Cola Industrial Ltd. Enugu, Nigeria (r =. 775, P<.05)., organizational honesty significantly affects the performance of Coca-Cola Industrial and there is a significant relationship between ethical training and the performance of Coca-Cola Industrial Ltd.It is therefore important that the management of Coca-Cola Industrial Ltd. Enugu, must pay more attention to the issue of business ethics as this will help improve their performance and also restore dying confidence and patronage of their customers.