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Demonstrating the Need for Effective Business Ethics: An Alternative Approach
Author(s) -
CHILDS JASON
Publication year - 2012
Publication title -
business and society review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.524
H-Index - 21
eISSN - 1467-8594
pISSN - 0045-3609
DOI - 10.1111/j.1467-8594.2012.00406.x
Subject(s) - business ethics , theme (computing) , philosophy of business , public relations , business relationship management , focus (optics) , business , electronic business , marketing , political science , sociology , business model , computer science , physics , optics , operating system
Since the financial crisis, the malfeasance of business leaders has been a recurring theme in the news, along with calls for increased regulation and oversight. This focus on the ethics of the business community raises a concern about the ethics of those in business or going into business. The ethics of business people and business students has been explored by a number of researchers using survey techniques. We propose and report the results of an alternative method for investigating unethical behavior by students. In a motivated economic experiment with introductory level students, we find that business students were almost twice as likely to lie for a monetary reward as students in other disciplines, demonstrating the need for effective business ethics.