2017
DOI: 10.1007/s10551-017-3629-9
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Convergence in International Business Ethics? A Comparative Study of Ethical Philosophies, Thinking Style, and Ethical Decision-Making Between US and Korean Managers

Abstract: This study investigates the relationship among ethical philosophy, thinking style, and managerial ethical decision-making. Based on the premise that business ethics is a function of culture and time, we attempt to explore two important questions as to whether the national differences in managerial ethical philosophies remain over time, and whether the relationship between thinking style and ethical decision-making is consistent across different national contexts. We conducted a survey on Korean managers' ethic… Show more

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Cited by 37 publications
(26 citation statements)
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References 77 publications
(176 reference statements)
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“…For example, a number of MNCs have adopted social accountability 8000, a certification that supports the global standard on workers' rights to encourage their ethical business practices. As mentioned here, Paik et al () discovered Korean managers have increasingly adopted similar norms to their American counterparts who mainly use rule utilitarianism for ethical decision‐making as Korea becomes a developed country. Therefore, what used to be acceptable in a certain culture may become unacceptable under new community norms such as social values and corporate policies (Donaldson & Dunfee, ).…”
Section: Summary and Discussion Of The Scandinavian Storiesmentioning
confidence: 87%
See 1 more Smart Citation
“…For example, a number of MNCs have adopted social accountability 8000, a certification that supports the global standard on workers' rights to encourage their ethical business practices. As mentioned here, Paik et al () discovered Korean managers have increasingly adopted similar norms to their American counterparts who mainly use rule utilitarianism for ethical decision‐making as Korea becomes a developed country. Therefore, what used to be acceptable in a certain culture may become unacceptable under new community norms such as social values and corporate policies (Donaldson & Dunfee, ).…”
Section: Summary and Discussion Of The Scandinavian Storiesmentioning
confidence: 87%
“…South Korea represents another country that corroborates our argument. A recent study by Paik, Lee, and Pak () demonstrates that after the Asian financial crisis in 1997, Korean firms continued to improve their standards of business ethics by emulating the ethical philosophy and moral ideology of U.S. firms and managers, who have exerted a strong influence on their Korean counterparts. This is the result of their intimate geopolitical and economic relationships since the end of World War II.…”
Section: Summary and Discussion Of The Scandinavian Storiesmentioning
confidence: 99%
“…Both the relational self and nonself emphasize the importance of humanity and the ethical foundations of the self. Second, we explore how these deeply held ethical values can address concerns relating to moral action (Bazerman & Sezer, 2016;DeTienne et al, 2019;Paik et al, 2019). Third, while there are studies examining non-self and the relational self, most of these examine the concepts separately or in limited depth without empirical data (for example Hwang & Chang, 2009;Shiah, 2016).…”
Section: Introductionmentioning
confidence: 99%
“…In our research there were also differences, but especially in the different perceptions of salary as a motivational factor by men and women. Paik et al (2019), who also addressed this issue, based their research on the premise that business ethics is a function of culture and time. They attempted to explore two important questions to determine whether national differences in managerial ethical philosophies remain over time and whether the relationship between thinking style and ethical decision-making is consistent across different national contexts.…”
Section: Discussionmentioning
confidence: 99%