BUSINESS ETHICS AND ITS IMPACT ON THE EXECUTION OF CORPORATE SOCIAL RESPONSIBILITY BY MULTINATIONAL ENTERPRISES (A STUDY OF MTN AND GLO OWERRI)

ABSTRACT The study on the role of business ethics on the practice of corporate social responsibilities was conducted to find out the relationship between business ethics and regular payment of taxes to government; business ethics and corporate involvement in crime reduction. Related literatures were reviewed in the areas of business ethics and social responsibilities and researcher used the survey tools to obtain information from the respondents. Percentages were used to analyse data and correlation was used to test hypotheses at 0.05 level of significance. Among the major findings included that the communication firms in Owerri see tax evasion as unethical and that they help security personnel to combat crime based on their values for ethics. The researcher concluded that the appreciation of business ethics was essential for proper practice of corporate social responsibilities. It was recommended that communication enterprises should continue to consider it ethical to provide for the less privileged in the society. The researcher suggested that future researchers should work on the role of business policy on effective performance of social responsibilities.