ADHERENCE TO ETHICS AND PERFORMANCE OF BUSINESS ORGANIZATIONS IN NIGERIA: AN EMPIRICAL ANALYSIS

This study examines the relationship between adherence to ethics and performance of business organizations in Nigeria. The study was carried out in Port Harcourt, the capital city of Rivers State. Callus-Miller communications limited; one of the major Global Services for Mobile communication (GSM) products distributors was selected for this study. Data was generated, using a combination of secondary and primary sources. Thirty (30) customers of Callus-Miller communications limited were randomly selected to form the sample frame. Unstructured questionnaire was designed to elicit response from respondents. The questionnaire was distributed to the respondents for completion and data collected were organized in a useable form, and presented in a table. Hypothesis one and two were tested using Spearman Rank Order Correlation and t-Statistic respectively. Result indicates that there is relationship between adherence to ethics and performance of business organizations. The relationship was found to be significant. It is proposed that business leaders and owners should understand that in order to win public trust and achieve performance, they should impose on themselves the responsibility of professional ethics. Conclusion is drawn that businesses which operate ethically reap many rewards in the form of wining public confidence, attracting customers, retaining employees and improve performance