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Ethical Values and Long-term Orientation

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  • Jennifer Nevins
  • William Bearden
  • Bruce Money

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    Abstract

    Lapses in ethical conduct by those in corporate and public authority worldwide have given business researchers and practitioners alike cause to re-examine the antecedents to personal ethical values. We explore the relationship between ethical values and an individual’s long-term orientation or LTO, defined as the degree to which one plans for and considers the future, as well as values traditions of the past. Our study also examines the role of work ethic and conservative attitudes in the formation of a person’s long-term orientation and consequent ethical beliefs. Empirically testing these hypothesized relationships using data from 292 subjects, we find that long-term perspectives on tradition and planning indeed engender higher levels of ethical values. The results also support work ethic’s role in fostering tradition and planning, as well as conservatism’s positive association with planning. Additionally, we report how tradition and planning mediate the influence of conservatism and work ethic on the formation of ethical values. Limitations of the study and future research directions, as well as implications for business managers and academics, are also discussed. Copyright Springer Science+Business Media, Inc. 2007

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    File URL: http://hdl.handle.net/10.1007/s10551-006-9138-x
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Business Ethics.

    Volume (Year): 71 (2007)
    Issue (Month): 3 (March)
    Pages: 261-274

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    Handle: RePEc:kap:jbuset:v:71:y:2007:i:3:p:261-274

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    Web page: http://www.springerlink.com/link.asp?id=100281

    Related research

    Keywords: time orientation; planning; tradition; formation of ethical beliefs; measurement ;

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    1. Lastovicka, John L, et al, 1999. " Lifestyle of the Tight and Frugal: Theory and Measurement," Journal of Consumer Research, University of Chicago Press, vol. 26(1), pages 85-98, June.
    2. Ng, Yew-Kwang & Ng, Siang, 2003. "Do the economies of specialization justify the work ethics?: An examination of Buchanan's hypothesis," Journal of Economic Behavior & Organization, Elsevier, vol. 50(3), pages 339-353, March.
    3. Kaufman, Carol Felker & Lane, Paul M & Lindquist, Jay D, 1991. " Exploring More Than 24 Hours a Day: A Preliminary Investigation of Polychronic Time Use," Journal of Consumer Research, University of Chicago Press, vol. 18(3), pages 392-401, December.
    4. Leclerc, France & Schmitt, Bernd H & Dube, Laurette, 1995. " Waiting Time and Decision Making: Is Time like Money?," Journal of Consumer Research, University of Chicago Press, vol. 22(1), pages 110-19, June.
    5. Drazen Prelec & George Loewenstein, 1998. "The Red and the Black: Mental Accounting of Savings and Debt," Marketing Science, INFORMS, vol. 17(1), pages 4-28.
    6. Donald W. Katzner, 2002. "What are the questions?," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 25(1), pages 51-68, January.
    7. Cherrington, David, 1977. "The values of younger workers," Business Horizons, Elsevier, vol. 20(6), pages 18-30, December.
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    Cited by:
    1. Nuno Rosa Reis & Manuel Portugal Ferreira & João Carvalho Santos, 2013. "A bibliometric study of the cultural models in International Business research," Working Papers 104, globADVANTAGE, Polytechnic Institute of Leiria.
    2. Ralph Jackson & Charles Wood & James Zboja, 2013. "The Dissolution of Ethical Decision-Making in Organizations: A Comprehensive Review and Model," Journal of Business Ethics, Springer, vol. 116(2), pages 233-250, August.
    3. Will Drover & Jennifer Franczak & Richard Beltramini, 2012. "A 30-Year Historical Examination of Ethical Concerns Regarding Business Ethics: Who’s Concerned?," Journal of Business Ethics, Springer, vol. 111(4), pages 431-438, December.

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