IDEAS home Printed from https://ideas.repec.org/a/mgt/youmng/v11y2016i2p139-152.html
   My bibliography  Save this article

Payment Discipline Depends on Management Ethics

Author

Listed:
  • Tanja Sirk
  • Maja Mesko

    (University of Primorska, Slovenia)

Abstract

The main aim of the study was to identify if management ethics have a positive impact on payment discipline. Our sample includes 273 Slovene enterprises, which represent 9.1% of 2978 Slovenian enterprises with 10 or more employees, selected from the database of the Slovenian rating agency I d.o.o. To determine management ethics, we used the Corporate Ethical Virtues measurement instrument questionnaire. The data concerning average late payments were also obtained from the database the Slovenian rating agency I d.o.o. We conducted a factor analysis using the enter method. We confirmed that the influence of management ethics have a positive impact on average payment delays expressed in days.

Suggested Citation

  • Tanja Sirk & Maja Mesko, 2016. "Payment Discipline Depends on Management Ethics," Management, University of Primorska, Faculty of Management Koper, vol. 11(2), pages 139-152.
    • Handle: RePEc:mgt:youmng:v:11:y:2016:i:2:p:139-152
    as

    Download full text from publisher

    File URL: http://www.fm-kp.si/zalozba/ISSN/1854-4231/11_139-152.pdf
    File Function: full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mojca Duh & Jernej Belak & Borut Milfelner, 2010. "Core Values, Culture and Ethical Climate as Constitutional Elements of Ethical Behaviour: Exploring Differences Between Family and Non-Family Enterprises," Journal of Business Ethics, Springer, vol. 97(3), pages 473-489, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gopal Krishnan & Marietta Peytcheva, 2019. "The Risk of Fraud in Family Firms: Assessments of External Auditors," Journal of Business Ethics, Springer, vol. 157(1), pages 261-278, June.
    2. Melanie Richards, 2023. "When do Non-financial Goals Benefit Stakeholders? Theorizing on Care and Power in Family Firms," Journal of Business Ethics, Springer, vol. 184(2), pages 333-351, May.
    3. Quan Lin & Yingchang Huang & Ruojin Zhu & Yue Zhang, 2019. "Comparative Analysis of Mission Statements of Chinese and American Fortune 500 Companies: A Study from the Perspective of Linguistics," Sustainability, MDPI, vol. 11(18), pages 1-18, September.
    4. Lu-Ming Tseng, 2019. "How Implicit Ethics Institutionalization Affects Ethical Selling Intention: The Case of Taiwan’s Life Insurance Salespeople," Journal of Business Ethics, Springer, vol. 158(3), pages 727-742, September.
    5. Arz, Christopher, 2019. "Bridging the micro-macro gap: A multi-layer culture framework for understanding entrepreneurial orientation in family firms," Journal of Family Business Strategy, Elsevier, vol. 10(3), pages 1-1.
    6. Sebastian Goebel & Barbara E. Weißenberger, 2017. "The Relationship Between Informal Controls, Ethical Work Climates, and Organizational Performance," Journal of Business Ethics, Springer, vol. 141(3), pages 505-528, March.
    7. Pötschke, Ivonne, 2020. "A Felt Truth: Value Congruence in Family Firms," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 31(3), pages 281-308.
    8. Bahram Soltani, 2014. "The Anatomy of Corporate Fraud: A Comparative Analysis of High Profile American and European Corporate Scandals," Journal of Business Ethics, Springer, vol. 120(2), pages 251-274, March.
    9. Heino, Noora & Tuominen, Pasi & Jussila, Iiro, 2020. "Listed Family Firm Stakeholder Orientations: The Critical Role of Value-creating Family Factors," Journal of Family Business Strategy, Elsevier, vol. 11(4).
    10. Vojko Potocan & Zlatko Nedelko, 2021. "The Behavior of Organization in Economic Crisis: Integration, Interpretation, and Research Development," Journal of Business Ethics, Springer, vol. 174(4), pages 805-823, December.
    11. Zhu Zhu & Feifei Lu, 2020. "Family Ownership and Corporate Environmental Responsibility: The Contingent Effect of Venture Capital and Institutional Environment," JRFM, MDPI, vol. 13(6), pages 1-18, June.
    12. Dov Fischer & Hershey Friedman, 2021. "Family Business in the #MeToo Era: Lessons from Ruth on Tone at the Top," Humanistic Management Journal, Springer, vol. 6(1), pages 37-55, April.
    13. Mehdi Nekhili & Héla Chakroun & Tawhid Chtioui, 2018. "Women’s Leadership and Firm Performance: Family Versus Nonfamily Firms," Journal of Business Ethics, Springer, vol. 153(2), pages 291-316, December.
    14. Pedro Vazquez, 2018. "Family Business Ethics: At the Crossroads of Business Ethics and Family Business," Journal of Business Ethics, Springer, vol. 150(3), pages 691-709, July.
    15. Ya-Fang Wang & Yen-Fang Kuo, 2020. "Exploring the Family Effect on Innovative Capacity and Earnings Management," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 13(2), pages 39-61, September.
    16. Friederike Sophie Reck & Denise Fischer & Malte Brettel, 2022. "Ethical Decision-Making in Family Firms: The Role of Employee Identification," Journal of Business Ethics, Springer, vol. 180(2), pages 651-673, October.
    17. Jain, Shalini Sarin & Fernando, Guy D. & Tripathy, Arindam & Bhatia, Sandhya, 2021. "Closing the gender gap in top management teams: An examination of diversity and compensation parity in family and non-family firms," Journal of Family Business Strategy, Elsevier, vol. 12(4).
    18. Marina Letonja & Mojca Duh & Zdenka Ženko, 2012. "Experiential Knowledge as well as Social Capital of Founders for Innovativeness of Successors in Smaller Family Firms," Proceedings- 10th International Conference on Mangement, Enterprise and Benchmarking (MEB 2012),, Óbuda University, Keleti Faculty of Business and Management.
    19. Discua Cruz, Allan & Hamilton, Eleanor & Jack, Sarah L., 2012. "Understanding entrepreneurial cultures in family businesses: A study of family entrepreneurial teams in Honduras," Journal of Family Business Strategy, Elsevier, vol. 3(3), pages 147-161.
    20. Seok-Youn Oh, 2022. "Effect of Ethical Climate in Hotel Companies on Organizational Trust and Organizational Citizenship Behavior," Sustainability, MDPI, vol. 14(13), pages 1-18, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mgt:youmng:v:11:y:2016:i:2:p:139-152. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alen Jezovnik (email available below). General contact details of provider: https://edirc.repec.org/data/fmkupsi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.