Ethical Hazards: A Motive, Means, and Opportunity Approach to Curbing Corporate Unethical Behavior [Book Review]
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)|
References found in this work BETA
Picoeconomics: The Strategic Interaction of Successive Motivational States Within the Person.George Ainslie - 1995 - Philosophy and Phenomenological Research 55 (4):981-983.
Bad Apples in Bad Barrels Revisited: Cognitive Moral Development, Just World Beliefs, Rewards, and Ethical Decision-Making.Neal M. Ashkanasy, Carolyn A. Windsor & Linda K. Treviño - 2006 - Business Ethics Quarterly 16 (4):449-474.
Fostering Creativity and Innovation Without Encouraging Unethical Behavior.S. Baucus Melissa, I. Norton William, A. Baucus David & E. Human Sherrie - 2008 - Journal of Business Ethics 81 (1):97-115.
Everybody Else is Doing It, so Why Can't We? Pluralistic Ignorance and Business Ethics Education.Jonathon R. B. Halbesleben, Anthony R. Wheeler & M. Ronald Buckley - 2004 - Journal of Business Ethics 56 (4):385 - 398.
Citations of this work BETA
Good Apples, Bad Apples: Sorting Among Chinese Companies Traded in the U.S.James S. Ang, Zhiqian Jiang & Chaopeng Wu - forthcoming - Journal of Business Ethics.
Unpacking the Goal Congruence–Organizational Deviance Relationship: The Roles of Work Engagement and Emotional Intelligence. [REVIEW]Dirk De Clercq, Dave Bouckenooghe, Usman Raja & Ganna Matsyborska - 2013 - Journal of Business Ethics 124 (4):1-17.
Work Identification and Responsibility in Moral Breakdown.Majella O'Leary - 2015 - Business Ethics: A European Review 24 (3):237-251.
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