Business ethics and social responsibility in transition economies

The newly developed market‐oriented system in Hungary requires new values, different abilities, and more sensitivity to a wide variety of issues on the part of corporate leadership. The nature of these values and abilities will more than likely vary depending on the industry. The purpose of this study was to examine the view of business ethics and social responsibility among Hungarian managers in both the business and non‐business sectors. The results indicate differences between the examined groups and diverse opinions among participants within each group.