Relationship between Accounting Ethics with Decision Making Ability & Managers Behavior

The key to maintaining confidence of clients and the public is a professional and ethical conduct that make accountant act with integrity, objectivity, and independency. In this regard, every company should have a code of ethics that can minimize risk. This study sought to evaluate the effects of accounting ethics as a mechanism to enhance decision making and ethical behavior of accountants, financial managers and CEOs in the private sector.
The present study is descriptive-correlation. The population of study includes all accountants, financial managers and CEOs of the industrial park of Zahedan. Due to the limited population (N=230) sampling was not used. A standard questionnaire to collect data distributed between the population and finally 184 questionnaires were collected. Data were analyzed by data processing partial least squares (PLS) modeling method.
The results showed that accounting ethics has impact on improvement of decision-making and behavior of managers in the private sector. With reinforcement ethics in company, it should be hopeful to decisions and ethical behaviors and remove concerns about the scandal at the company.
According to relationship of accounting ethics, manager's behavior and decision making, it seems essential that professional bodies try to provide a comprehensive code of ethics that have appropriate sanction, since they will prevent the financial scandal and loss of professional reputation.