Social Responsibility and Professional Ethics in Management: Some Empirical Evidences at Country Levels
In the presented exploratory study, we demonstrated some empirical evidences on relations between social responsibility of business, managerial ethics, and economic environment at county levels. We conducted desk research on 41 countries using different secondary information sources. We confirmed hypotheses, which associate higher social responsibility and ethics to openness and competitiveness of people and management, enhanced economic performance, higher economic freedom, and lower level of corruption. The rationale behind the research hypothesis is disputed question if socially responsible and ethically managed business is economically more successful and sustainable. Evidently, in the most developed countries unsocial and unethical business behavior is not generally acceptable. However, in less developed economies profit is so high on the priority list that social responsibility and ethics are academic questions.We hypothesize that companies consciously select where it is beneficial to be socially responsible and ethical, and where it is more profitable to make business ruthlessly. We also tested the hypothesis that social responsibility contributes to the resilience of economy. This hypothesis was partially confirmed and partially rejected. Finally, we addressed a question if our results are meaningful for individual organizations, as well.We could just say that more developed countries have a larger proportion of businesses that behave affirmatively regarding social and ethical issues, which means that they find it beneficial also at individual level.
Volume (Year): 10 (2012)
Issue (Month): 4 (Winter) ()
|Contact details of provider:|| Postal: Cankarjeva 5, SI-6104 Koper, PO BOX 345|
Phone: 05 610 20 00
Fax: 05 610 20 15
Web page: http://www.mgt.fm-kp.si
More information through EDIRC
|Order Information:|| Web: http://www.mgt.fm-kp.si Email: |
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.:
- Peter Rodriguez & Donald S Siegel & Amy Hillman & Lorraine Eden, 2006.
"Three lenses on the multinational enterprise: politics, corruption, and corporate social responsibility,"
Journal of International Business Studies,
Palgrave Macmillan;Academy of International Business, vol. 37(6), pages 733-746, November.
- Peter Rodriguez & Donald S. Siegel & Amy Hillman & Lorraine Eden, 2006. "Three Lenses on the Multinational Enterprise: Politics, Corruption and Corporate Social Responsibility," Rensselaer Working Papers in Economics 0608, Rensselaer Polytechnic Institute, Department of Economics.
- Jan Lepoutre & AimÃ© Heene, 2006. "Investigating the Impact of Firm Size on Small Business Social Responsibility: A Critical Review," Journal of Business Ethics, Springer, vol. 67(3), pages 257-273, September.
- J. Lepoutre & A. Heene, 2006. "Investigating the Impact of Firm Size on Small Business Social Responsibility: a Critical Review," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/396, Ghent University, Faculty of Economics and Business Administration.
- Cene Bavec, 2007. "Interdependence Between Social Values and National Performance Indicators: The Case of the Enlarged European Union," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(3), pages 213-228.
- Catherine M. Paul & Donald Siegel, 2006. "Corporate social responsibility and economic performance," Journal of Productivity Analysis, Springer, vol. 26(3), pages 207-211, December.
- Catherine J. Morrison-Paul & Donald S. Siegel, 2006. "Corporate Social Responsibility and Economic Performance," Rensselaer Working Papers in Economics 0605, Rensselaer Polytechnic Institute, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:mgt:youmgt:v:10:y:2012:i:4:p:361-377. 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: (Alen Jezovnik)
If references are entirely missing, you can add them using this form.