Journal of Business Ethics 14 (10):855 - 865 (1995)
|Abstract||This paper examines the role of managerial self-interest in the merger market. It looks at factors influencing managers'' merger decisions by analyzing managerial expense preference factors on cross-sectional data employing non-parametric statistical methods. The same factors are examined for acquiring, acquired, and merging firms, and control groups used in each case. The results support the authors'' contention that managerial discretion is a significant motivating factor for mergers. The changes in expense preference factors indicate management decisions which provide conditions allowing management to indulge in management preferred expenditures, while reducing risk to their career. The authors then provide a moral/philosophic framework of ethical analysis for examining manager''s merger decisions, using teleological and deontological theories. They conclude that merger decisions motivated or influenced by self-interest are unethical and, in the process, provide managers facing a merger decision with a framework for making an ethical decision|
|Keywords||No keywords specified (fix it)|
|Through your library||Configure|
Similar books and articles
Clare M. Pennino (2002). Is Decision Style Related to Moral Development Among Managers in the U.S.? Journal of Business Ethics 41 (4):337 - 347.
Johanna Kujala (2001). A Multidimensional Approach to Finnish Managers' Moral Decision-Making. Journal of Business Ethics 34 (3-4):231 - 254.
Justin G. Longenecker (1985). Management Priorities and Management Ethics. Journal of Business Ethics 4 (1):65 - 70.
Michael Litschka, Michaela Suske & Roman Brandtweiner (2011). Decision Criteria in Ethical Dilemma Situations: Empirical Examples From Austrian Managers. Journal of Business Ethics 104 (4):473-484.
Nick Collett (2010). Partial Utilitarianism as a Suggested Ethical Framework for Evaluating Corporate Mergers and Acquisitions. Business Ethics 19 (4):363-378.
M. G. Serap Ekin & S. Hande Tezölmez (1999). Business Ethics in Turkey: An Empirical Investigation with Special Emphasis on Gender. Journal of Business Ethics 18 (1):17 - 34.
Kevin Groves, Charles Vance & Yongsun Paik (2008). Linking Linear/Nonlinear Thinking Style Balance and Managerial Ethical Decision-Making. Journal of Business Ethics 80 (2):305 - 325.
Willie E. Hopkins, Shirley A. Hopkins & Bryant C. Mitchell (2008). Ethical Consistency in Managerial Decisions. Ethics and Behavior 18 (1):26 – 43.
Gene R. Laczniak & Patrick E. Murphy (1991). Fostering Ethical Marketing Decisions. Journal of Business Ethics 10 (4):259 - 271.
J. L. Gupta & Mohamed Sulaiman (1996). Ethical Orientations of Managers in Malaysia. Journal of Business Ethics 15 (7):735 - 748.
Added to index2009-01-28
Total downloads27 ( #46,539 of 556,837 )
Recent downloads (6 months)1 ( #64,847 of 556,837 )
How can I increase my downloads?