Business Ethics: A Cross-cultural Comparison of Accounting Students

Business ethics has been recognised as a critical issue following major company collapses around the\ud world. In recent years the Australian corporate sector has been witness to the failure of a number of\ud corporations, including HIH Insurance, One.Tel, Ansett Australia and Harris Scarfe. These collapses have\ud had effects on different aspects of Australian business and consequently resulted in reforms of corporate\ud governance (Mirshekary, Yaftian & Cross, 2005). Corporate governance reform effects should be based\ud on personal integrity, honesty and truthfulness rather than tougher legislation and corporate governance\ud rules (Owen, 2003). Integrity entails much more than conformity to a set of rules and personal qualities\ud such as integrity, honesty and morality are regarded as essential to the accountant. Ethical frameworks\ud will assist accounting students in dealing with controversial problems in business such as whistle blowing\ud and conflict of interest.\ud This study examines students’ ethical behaviours, using multiple academic and accounting/business\ud scenarios and focusing on the ethical attitudes of final year accountancy students who are of Australian or\ud non-Australian origin. The results indicate that all respondents agree with the ethical nature of the\ud statements but there are 18 out of 30 significant differences in the responses between Australian and\ud Non-Australian students, with Australian students being more ethical