Ethical Hazards: A Motive, Means, and Opportunity Approach to Curbing Corporate Unethical Behavior [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 107 (3):265-279 (2012)
Scandals in companies such as Enron have been a source of great concern in the last decade. The events that led to a global financial crisis in 2008 have heightened this concern. How does one account for executive behaviors that led to such a crisis? This article argues that a conjunction of motive, means, and opportunity creates ‘an ethical hazard’ making questionable executive decisions more probable. It then suggests that corporate unethical behavior can be minimized by creating a process to identify and remove such ethical hazards, and by appointing an ‘ethical hazards marshal.’
|Keywords||Corporate ethics Incentives Ethical hazards Corporate scandals Financial crisis|
|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
Lisa Jones Christensen, Ellen Peirce, Laura P. Hartman, W. Michael Hoffman & Jamie Carrier (2007). Ethics, CSR, and Sustainability Education in the Financial Times Top 50 Global Business Schools: Baseline Data and Future Research Directions. [REVIEW] Journal of Business Ethics 73 (4):347 - 368.
Neal M. Ashkanasy, Carolyn A. Windsor & Linda K. Treviño (2006). Bad Apples in Bad Barrels Revisited: Cognitive Moral Development, Just World Beliefs, Rewards, and Ethical Decision-Making. Business Ethics Quarterly 16 (4):449-474.
George Ainslie (1995). Picoeconomics: The Strategic Interaction of Successive Motivational States Within the Person. Philosophy and Phenomenological Research 55 (4):981-983.
Melissa S. Baucus & Caryn L. Beck-Dudley (2005). Designing Ethical Organizations: Avoiding the Long-Term Negative Effects of Rewards and Punishments. [REVIEW] Journal of Business Ethics 56 (4):355 - 370.
Citations of this work BETA
James S. Ang, Zhiqian Jiang & Chaopeng Wu (forthcoming). Good Apples, Bad Apples: Sorting Among Chinese Companies Traded in the U.S. Journal of Business Ethics.
Dirk De Clercq, Dave Bouckenooghe, Usman Raja & Ganna Matsyborska (2013). Unpacking the Goal Congruence–Organizational Deviance Relationship: The Roles of Work Engagement and Emotional Intelligence. [REVIEW] Journal of Business Ethics 124 (4):1-17.
Majella O'Leary (2015). Work Identification and Responsibility in Moral Breakdown. Business Ethics: A European Review 24 (3):237-251.
Similar books and articles
Scott J. Vitell & Donald L. Davis (1990). Ethical Beliefs of Mis Professionals: The Frequency and Opportunity for Unethical Behavior. [REVIEW] Journal of Business Ethics 9 (1):63 - 70.
S. Prakash Sethi (1994). Imperfect Markets: Business Ethics as an Easy Virtue. [REVIEW] Journal of Business Ethics 13 (10):803 - 815.
Tina D. Carpenter & Jane L. Reimers (2005). Unethical and Fraudulent Financial Reporting: Applying the Theory of Planned Behavior. [REVIEW] Journal of Business Ethics 60 (2):115 - 129.
Rhea Ingram, Steven J. Skinner & Valerie A. Taylor (2005). Consumers' Evaluation of Unethical Marketing Behaviors: The Role of Customer Commitment. [REVIEW] Journal of Business Ethics 62 (3):237 - 252.
Marc J. Epstein, Ruth Ann McEwen & Roxanne M. Spindle (1994). Shareholder Preferences Concerning Corporate Ethical Performance. Journal of Business Ethics 13 (6):447 - 453.
Richard H. Guerrette (1988). Corporate Ethical Consulting: Developing Management Strategies for Corporate Ethics. [REVIEW] Journal of Business Ethics 7 (5):373 - 380.
Elisaveta Gjorgji Sardžoska & Thomas Li-Ping Tang (2009). Testing a Model of Behavioral Intentions in the Republic of Macedonia: Differences Between the Private and the Public Sectors. [REVIEW] Journal of Business Ethics 87 (4):495 - 517.
Craig V. VanSandt (2006). The Futility of Ethics Training. Proceedings of the International Association for Business and Society 17:43-45.
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.
Louis P. White & Long W. Lam (2000). A Proposed Infrastructural Model for the Establishment of Organizational Ethical Systems. Journal of Business Ethics 28 (1):35 - 42.
Ali A. Al-Kazemi & Gary Zajac (1999). Ethics Sensitivity and Awareness Within Organizations in Kuwait: An Empirical Exploration of Epoused Theory and Theory-in-Use. [REVIEW] Journal of Business Ethics 20 (4):353 - 361.
Ali F. Ünal, Danielle E. Warren & Chao C. Chen (2012). The Normative Foundations of Unethical Supervision in Organizations. Journal of Business Ethics 107 (1):5-19.
Michael Bommer, Clarence Gratto, Jerry Gravander & Mark Tuttle (1987). A Behavioral Model of Ethical and Unethical Decision Making. Journal of Business Ethics 6 (4):265 - 280.
William J. Mitchell, Phillip V. Lewis & N. L. Reinsch (1992). Bank Ethics: An Exploratory Study of Ethical Behaviors and Perceptions in Small, Local Banks. [REVIEW] Journal of Business Ethics 11 (3):197 - 205.
Added to index2012-04-25
Total downloads26 ( #154,110 of 1,911,321 )
Recent downloads (6 months)1 ( #455,910 of 1,911,321 )
How can I increase my downloads?