THE MODERATING EFFECT OF PERFORMANCE ON THE RELATIONSHIP BETWEEN ETHICS AND CORPORATE GOVERNANCE

摘要

Corporate governance (CG) is an imperative subject that is augmented by explicit ethical standards. A recent study in the Middle East and North Africa (MENA) region found evidence of strong relationships between ethical standards and various corporate governance aspects. The aim of this study is to examine the moderating effect of performance within small and medium size enterprises (SMEs) in developing countries on the relationship between a firm's ethics and corporate governance. Data collected in Lebanon provides evidence that performance influences the link between ethics and corporate governance. A profounder analysis of the relationship qualified to determine more than one aspect of performance that impacts that relationship.