The relationship between ethics and firm practices in Russia and the United States
One of the fundamental objectives of corporate governance is to promote a climate that fosters ethical decision-making. As transitioning economies move toward more transparent and democratic systems the existence of policies, such as codes of ethics, that attempt to monitor and control moral behavior will become increasingly important. The establishment of ethical standards not only encourages trust with potential trade partners but also is likely to cultivate foreign direct investment. In this study, data collected from 112 U.S. and 74 Russian respondents reveal some intriguing patterns across these two diverse economies. Managerial implications and future research directions are also discussed.
Year of publication: |
2003
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Authors: | Robertson, Christopher J. ; Gilley, K. Matthew ; Street, Marc D. |
Published in: |
Journal of World Business. - Elsevier, ISSN 1090-9516. - Vol. 38.2003, 4, p. 375-384
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Publisher: |
Elsevier |
Keywords: | Russia United States Business ethics Firm practices Corporate governance |
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