David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 73 (3):319 - 331 (2007)
This paper reports on the results of an experiment conducted with experienced corporate directors. The study findings indicate that directors employ prospective rationality cognition, and they sometimes make decisions that emphasize legal defensibility at the expense of personal ethics and social responsibility. Directors recognize the ethical and social implications of their decisions, but they believe that current corporate law requires them to pursue legal courses of action that maximize shareholder value. The results suggest that additional ethics education will have little influence on the decisions of many business leaders because their decisions are driven by corporate law, rather than personal ethics.
|Keywords||board of director ethics social responsibility|
|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
Roman Lanis & Grant Richardson (2015). Is Corporate Social Responsibility Performance Associated with Tax Avoidance? Journal of Business Ethics 127 (2):439-457.
Paul Cox & Patricia Gaya Wicks (2011). Institutional Interest in Corporate Responsibility: Portfolio Evidence and Ethical Explanation. [REVIEW] Journal of Business Ethics 103 (1):143-165.
Kaibin Xu & Wenqing Li (2013). An Ethical Stakeholder Approach to Crisis Communication: A Case Study of Foxconn's 2010 Employee Suicide Crisis. [REVIEW] Journal of Business Ethics 117 (2):371-386.
Heidi von Weltzien Hoivik & Domènec Melé (2009). Can an SME Become a Global Corporate Citizen? Evidence From a Case Study. Journal of Business Ethics 88 (3):551 - 563.
Pilar Giráldez & José Manuel Hurtado (2014). Do Independent Directors Protect Shareholder Value? Business Ethics: A European Review 23 (1):91-107.
Similar books and articles
Jia Wang & H. Dudley Dewhirst (1992). Boards of Directors and Stakeholder Orientation. Journal of Business Ethics 11 (2):115 - 123.
Nabil A. Ibrahim & John P. Angelidis (1995). The Corporate Social Responsiveness Orientation of Board Members: Are There Differences Between Inside and Outside Directors? [REVIEW] Journal of Business Ethics 14 (5):405 - 410.
Mark S. Schwartz, Thomas W. Dunfee & Michael J. Kline (2005). Tone at the Top: An Ethics Code for Directors? [REVIEW] Journal of Business Ethics 58 (1-3):79 - 100.
Nabil A. Ibrahim, Donald P. Howard & John P. Angelidis (2003). Board Members in the Service Industry: An Empirical Examination of the Relationship Between Corporate Social Responsibility Orientation and Directorial Type. [REVIEW] Journal of Business Ethics 47 (4):393 - 401.
Hugh M. O'Neill, Charles B. Saunders & Anne Derwinski McCarthy (1989). Board Members, Corporate Social Responsiveness and Profitability: Are Tradeoffs Necessary? [REVIEW] Journal of Business Ethics 8 (5):353 - 357.
E. Eugene Arthur (1987). The Ethics of Corporate Governance. Journal of Business Ethics 6 (1):59 - 70.
Delvin D. Hawley (1991). Business Ethics and Social Responsibility in Finance Instruction: An Abdication of Responsibility. [REVIEW] Journal of Business Ethics 10 (9):711 - 721.
Luca Cerioni, Andrew Keay & Joan Loughrey, Legal Practitioners, Enlightened Shareholder Value and the Shaping of Corporate Governance.
Coral B. Ingley (2008). Company Growth and Board Attitudes to Corporate Social Responsibility. International Journal of Business Governance and Ethics 4 (1):17-39.
Humphry Hung (2011). Directors' Roles in Corporate Social Responsibility: A Stakeholder Perspective. [REVIEW] Journal of Business Ethics 103 (3):385-402.
Added to index2009-01-28
Total downloads41 ( #49,528 of 1,679,386 )
Recent downloads (6 months)2 ( #111,749 of 1,679,386 )
How can I increase my downloads?