A Two-Component Compliance and Ethics Program Model: An Empirical Application to Chilean Corporations [Book Review]

Journal of Business Ethics 100 (4):567 - 579 (2011)
  Copy   BIBTEX

Abstract

The rise of ethical scandals in the business world urged corporations to allocate time and resources to emphasize the ethical behavior of their managers and employees. The Model of Ethical Behavior in this article has three main assumptions: (1) the institutionalization of a Compliance and Ethics Program Model is done in terms of just two components: one Explicit and the other Implicit, (2) both components have a significant and direct influence over the ethical behavior of employees, which is represented in the model by two variables: Value Consistency and Presence of Ethical Conflicts, and (3) proper ethical behavior is perceived by employees to have a positive impact over the economic results of the firm. Reliable scales are developed to measure all these variables from the data collected by the "Barómetro de Valores y Ética Empresarial © ," a survey applied in 2009 to 12,321 employees from 54 Chilean corporations. The empirical analysis showed that there are three very distinctive components in the Presence of Ethical Conflicts variable: (1) what the company does that affects the employee, (2) what the company does that affects other people, and (3) what the employee does that affects the company. Finally, the Explicit and Implicit components of a Compliance and Ethics Program are shown to have a significant and positive impact over: (1) Value Consistency in employees* behavior; (2) the Presence of Ethical Conflicts in organizations; and (3) the perceived importance of ethics as a key factor to improve economic performance

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 90,593

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

The Empirical Assessment of Corporate Ethics: A Case Study.Muel Kaptein & Jan Van Dalen - 2000 - Journal of Business Ethics 24 (2):95 - 114.

Analytics

Added to PP
2013-09-29

Downloads
23 (#584,438)

6 months
4 (#319,344)

Historical graph of downloads
How can I increase my downloads?

References found in this work

Business ethics: ethical decision making and cases.O. C. Ferrell - 2012 - Boston: Houghton Mifflin Co. Edited by John Fraedrich & Linda Ferrell.
The challenge of ethical behavior in organizations.Ronald R. Sims - 1992 - Journal of Business Ethics 11 (7):505 - 513.
Virtue theory as a dynamic theory of business.Surendra Arjoon - 2000 - Journal of Business Ethics 28 (2):159 - 178.

View all 30 references / Add more references