The Practices and Problems of Professional Integrity and Ethics in Private Banks: In the case of Bunna International Bank
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Date
2019-06
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Addis Ababa University
Abstract
Ethics is concerned with the code of values and principles that enables a person to choose between right and wrong. In recent past the banking industry banks have witnessed frauds, greed, poor internal controls etc has led to loss of trust and capital. These acts resulted from unethical behavior from employees and management. The focus of this study is to analyze ethics and professionalism in Ethiopian Bank specifically in Bunna International bank with a view of establishing the level of awareness of code of ethics. To meet this objective, a non probable sampling, purposive method was used. Data were collected both from primary and secondary sources. The primary data were collected from questioners received from employees of Bunna International bank in the head office. These officials are top management officers and senior staff members with total work experience of 10 to 20 years of bank experience. And Secondary source of data is from the Policy and Procedure Manual, website of Bunna International Bank. Finally, presentation and appraisal was illustrated in simple descriptive method.
The percentage method was adopted to analyze the data obtained and the response from the questionnaires was then presented using the Statistical package for Social Science (SPSS). The data obtained were then analyzed based on frequency of respondent’s opinions. The evidence generated from this study reveals that many employees of the Bank are aware of the Code of Ethics and Professionalism in the Bank. It was also found that unethical behavior is responsible for distress in banks. The sanctions for unethical/unprofessional conducts appear to be too weak. I therefore recommend the need to promote greater awareness of Ethics and the Code of Ethics in Bunna International Bank, as this is the best way of promoting ethical behavior.
Description
Thesis Submitted to College Business and Economics Department of Public Administration and Development Management in Partial Fulfillment of the Requirements for the Masters of Arts in Public Management And Policy (MPMP)
Keywords
Code of Ethics, Professional integrity, Workplace Ethics