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,...

Полное описание

Сохранить в:  
Библиографические подробности
Главный автор: Pendse, Shripad G. (Автор)
Формат: Электронный ресурс Статья
Язык:Английский
Проверить наличие: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Опубликовано: 2012
В: Journal of business ethics
Год: 2012, Том: 107, Выпуск: 3, Страницы: 265-279
Другие ключевые слова:B Financial Crisis
B Incentives
B Ethical hazards
B corporate ethics
B corporate scandals
Online-ссылка: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Описание
Итог: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
Второстепенные работы:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-011-1037-0