Business ethics and corporate social responsibility (CSR) can lead to have serious advantages to a business and can impact positively to the growth of that business. In addition, Barry (2000), suggests that organizations have a responsibility towards the community other than earning profits for its shareholders and it is supported by the concept of CSR which has steadily emerged as a social transformation (Carroll and Shabana, 2010). Markus (1989) has elaborated that one of the main assumptions in business is that every company has both social and ethical responsibility and at the same time they should try to implement value for the owner or shareholders of that business. Specifically, in a business, it is required to produce goods and services at an affordable price to consumers to make sure the continuation of the business, while satisfying the expected profits of the investors. However, Ferrell & Fraedrich (1997) argues that it must maintain ethical responsibilities which are d