Business ethics making a comeback

Published August 28th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

A new emphasis on business ethics and honesty is emerging from the crisis of confidence in corporate governance. Two courses focusing on leadership and business ethics demonstrate how to meet the challenge. 

 

A new emphasis on business ethics and the honesty of senior executives is emerging from the crisis of confidence in corporate governance brought about by recent Enron-style scandals. While it may be said that business and religion don't mix, the question of ethics inescapably brings the two together. Nowhere is this more so than in the Middle East where the predominant religion is Islam. 

 

The courses are led by Professor of Management and Strategy, Rafik Beekun at the University of Nevada. Universities across the world use Beekun's material as part of their global ethics or international management curriculum as well as several multinationals who train expatriates to work in Muslim countries. 

 

Don't lie, cheat or steal. Keep your word and do what is right. These principles are prevalent throughout all faiths but it is particularly true of the Islamic faith, says Dr Beekun. "Ethics is a set of moral principles that distinguish what is right from what is wrong. The Qur'an addresses leadership and ethics," he said. 

 

The courses have been organized by the Middle East offices of the Institute for International Research (IIR) in Dubai. — (menareport.com)

© 2002 Mena Report (www.menareport.com)