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Ethical leadership is a highly relevant and up-to-

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The aim of the article is to examine to what extent can the different formal components of an ethics program of the organization influence ethical thinking of managers. As the main source of information, an extensive empirical research was carried out on a sample of 810 managers working in the Slovak business environment. The authors studied eleven formal elements of the ethics program and found out that all positively referred to the ethical thinking of managers. Thus organizations, in which formal elements of an ethics program are applied, have a greater ability to influence the ethical thinking of managers than organizations, which avoid the respective ethical mechanisms.

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