Ethical Hazards: A Motive, Means, and Opportunity Approach to Curbing Corporate Unethical Behavior

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,...

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Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Pendse, Shripad G. (Συγγραφέας)
Τύπος μέσου: Ηλεκτρονική πηγή Άρθρο
Γλώσσα:Αγγλικά
Έλεγχος διαθεσιμότητας: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Έκδοση: 2012
Στο/Στη: Journal of business ethics
Έτος: 2012, Τόμος: 107, Τεύχος: 3, Σελίδες: 265-279
Άλλες λέξεις-κλειδιά:B Financial Crisis
B Incentives
B Ethical hazards
B corporate ethics
B corporate scandals
Διαθέσιμο Online: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Περιγραφή
Σύνοψη: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.’
ISSN:1573-0697
Περιλαμβάνει:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-011-1037-0