Entrepreneurship is a multifaceted and constantly evolving process that is often marked by various challenges, such as environmental uncertainty, resource constraints, intense competition, and ambiguous roles. These complexities can give rise to ethical dilemmas, including conflicts of interest and unethical behavior, which can further be compounded by the incorporation of digital technology in entrepreneurship. Despite the growing recognition of the significance of entrepreneurial ethics, research in this area remains limited and fragmented. Therefore, this study aims to navigate the complexity of entrepreneurial ethics and address knowledge gaps by conducting a systematic review of the extant literature in the field of entrepreneurship, ethics, and management between 2003 and 2023 using the PRISMA protocol. The review focuses on three key aspects: (1) factors that shape entrepreneurial ethical perception and climate, (2) factors that influence entrepreneurial ethical decision making and behavior, and (3) the consequences of entrepreneurial ethical decisions and behavior. This study proposes future research avenues that can deepen our understanding of the interplay between digital technology and entrepreneurial ethics, stakeholder influence on ethical decision making, and the relationship between ethical leadership and entrepreneurial performance. Ultimately, the findings from this study provide a comprehensive framework for examining and comprehending the critical domain of entrepreneurial ethics, which can effectively address ethical dilemmas and establish socially conscious ventures that positively impact both the economy and society.