The Impact of Codes of Ethics on Decision Making: Some Insights from Information Economics [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 48 (4):365 - 379 (2003)
Although it is suggested that an important role for codes of ethics is to influence decision making, the little research into the impact of codes of ethics on decisions finds little impact. Insights from information economics help to explain this. If an individual will select (forego) the action that a code of ethics indicates to be ethical (unethical) in the absence of a code, then expressing that position in a code of ethics will have no impact on the action chosen. Even if the individual will select (forego) the action that a code of ethics indicates to be unethical (ethical) in the absence of a code, the presence of a statement in the code of ethics must cause the individual's beliefs to change enough so that he or she changes actions. This can be a fairly high obstacle. Enforcement provisions can increase the likelihood that an individual will select (forego) the action that a code of ethics indicates to be ethical (unethical). There are limits, however, as to how effective enforcement provisions can be. Therefore, although there may be other important goals for a code of ethics, having an impact on decision making is one that is often difficult to achieve
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Tao Gao, Philip Siegel, J. S. Johar & M. Joseph Sirgy (2008). A Survey of Management Educators' Perceptions of Unethical Faculty Behavior. Journal of Academic Ethics 6 (2):129-152.
Goran Svensson, Greg Wood, Jang Singh, Emily Carasco & Michael Callaghan (2009). Ethical Structures and Processes of Corporations Operating in Australia, Canada, and Sweden: A Longitudinal and Cross-Cultural Study. [REVIEW] Journal of Business Ethics 86 (4):485 - 506.
Michael Callaghan, Greg Wood, Janice M. Payan, Jang Singh & Göran Svensson (2012). Code of Ethics Quality: An International Comparison of Corporate Staff Support and Regulation in Australia, Canada and the United States. Business Ethics: A European Review 21 (1):15-30.
Ahmet Ekici & Sule Onsel (2013). How Ethical Behavior of Firms is Influenced by the Legal and Political Environments: A Bayesian Causal Map Analysis Based on Stages of Development. [REVIEW] Journal of Business Ethics 115 (2):271-290.
Daniel Walter Skubik & Bruce W. Stening (2009). What's in a Credo? A Critique of the Academy of Management's Code of Ethical Conduct and Code of Ethics. Journal of Business Ethics 85 (4):515 - 525.
Similar books and articles
Thomas R. Wotruba, Lawrence B. Chonko & Terry W. Loe (2001). The Impact of Ethics Code Familiarity on Manager Behavior. Journal of Business Ethics 33 (1):59 - 69.
Janet S. Adams, Armen Tashchian & Ted H. Shore (2001). Codes of Ethics as Signals for Ethical Behavior. Journal of Business Ethics 29 (3):199 - 211.
Margaret Anne Pierce & John W. Henry (1996). Computer Ethics: The Role of Personal, Informal, and Formal Codes. [REVIEW] Journal of Business Ethics 15 (4):425 - 437.
Earl A. Molander (1987). A Paradigm for Design, Promulgation and Enforcement of Ethical Codes. Journal of Business Ethics 6 (8):619 - 631.
Edward J. O'Boyle (2002). An Ethical Decision-Making Process for Computing Professionals. Ethics and Information Technology 4 (4):267-277.
Janet S. Adams, Armen Tashchian & Ted H. Shore (2001). Social Costs of Environmental Justice Associated with the Practice of Green Marketing. Journal of Business Ethics 29 (3):199-211.
Kenneth D. Butterfield (1996). The Influence of Collegiate and Corporate Codes of Conduct on Ethics-Related Behavior in the Workplace. Business Ethics Quarterly 6 (4):461-476.
Yi-Hui Huang (2001). Should a Public Relations Code of Ethics Be Enforced? Journal of Business Ethics 31 (3):259 - 270.
Kathy R. Fitzpatrick (2002). Evolving Standards in Public Relations: A Historical Examination of Prsa's Codes of Ethics. Journal of Mass Media Ethics 17 (2):89 – 110.
Gary R. Weaver (1995). Does Ethics Code Design Matter? Effects of Ethics Code Rationales and Sanctions on Recipients' Justice Perceptions and Content Recall. Journal of Business Ethics 14 (5):367 - 385.
Lawrence B. Chonko, Thomas R. Wotruba & Terry W. Loe (2003). Ethics Code Familiarity and Usefulness: Views on Idealist and Relativist Managers Under Varying Conditions of Turbulence. [REVIEW] Journal of Business Ethics 42 (3):237 - 252.
Mark S. Schwartz (2004). Effective Corporate Codes of Ethics: Perceptions of Code Users. [REVIEW] Journal of Business Ethics 55 (4):323 - 343.
Jeanne M. David, Jeffrey Kantor & Ira Greenberg (1994). Possible Ethical Issues and Their Impact on the Firm: Perceptions Held by Public Accountants. [REVIEW] Journal of Business Ethics 13 (12):919 - 937.
Betsy Stevens (2008). Corporate Ethical Codes: Effective Instruments for Influencing Behavior. [REVIEW] Journal of Business Ethics 78 (4):601 - 609.
Jeremiah Conway & John Houlihan (1982). The Real Estate Code of Ethics: Viable or Vaporous? [REVIEW] Journal of Business Ethics 1 (3):201 - 210.
Added to index2010-08-24
Total downloads21 ( #80,127 of 1,098,965 )
Recent downloads (6 months)8 ( #27,099 of 1,098,965 )
How can I increase my downloads?