Ethical Values and Long-term Orientation
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 individualâ€™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 personâ€™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 ethicâ€™s role in fostering tradition and planning, as well as conservatismâ€™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
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Donald W. Katzner, 2002. "What are the questions?," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 25(1), pages 51-68, January.
- 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.
- Cherrington, David, 1977. "The values of younger workers," Business Horizons, Elsevier, vol. 20(6), pages 18-30, December.
- 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.
- 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.
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:kap:jbuset:v:71:y:2007:i:3:p:261-274. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.