Two practical guidelines for resolving truth-telling problems

The news reminds us almost daily that the “truth” is apparently not highly valued by many in business. This paper develops two prescriptive standards — the Expectation and Reputation guidelines — that may help businesspeople avoid violating clearly accepted truth standards. The guidelines also assis...

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Bibliographic Details
Authors: Hamilton, J. Brooke (Author) ; Strutton, David (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1994
In: Journal of business ethics
Year: 1994, Volume: 13, Issue: 11, Pages: 899-912
Further subjects:B Business Organization
B Prescriptive Standard
B Truth Standard
B Practical Guideline
B Economic Growth
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Description
Summary:The news reminds us almost daily that the “truth” is apparently not highly valued by many in business. This paper develops two prescriptive standards — the Expectation and Reputation guidelines — that may help businesspeople avoid violating clearly accepted truth standards. The guidelines also assist in determining whether truth is required in circumstances where honesty seems in conflict with the practical demands of business. A discussion of why, when and how these guidelines may be applied to facilitate truth-telling by business organizations follows, along with illustrative examples.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00871703