Deep Links: Business School Students' Perceptions of the Role of Law and Ethics in Business

Legal Expertise and Insider Trading

“…Legal training could make insiders overly hesitant to make use of inside information, leading to lower returns on their trades. Bagley, Clarkson, and Power (2010) find evidence suggesting that knowledge of the law (acquired through formal legal training) leads to a higher likelihood of ethical and legally compliant behavior among managers.…”

“…Furthermore, behavioral experiments suggest that exposure to the legal training, or even salient reminders of rules and laws in general, may make individual participants less likely to engage in behavior that may be considered unethical. Bagley et al (2010) surveys 112 second-year MBA students at the Harvard Business School (who had at least two years of pre-MBA management experience) before and after they enrolled in a law class entitled "Legal Aspects of Management". They found that following the conclusion of the class, there were statistically significant changes in the perception of participants in a manner that strongly suggested that the exposure to legal training can prompt managers to become more legally compliant and socially responsible.…”

Using ZMET for Investigating the Role of Social Media in the Employment Process

“…Zaltman Metaphor Elicitation Technique allows the identification of unconscious thoughts and feelings, (Zaltman, 2003) and it is a very powerful tool for mapping consumers' minds (Ling, et al, 2009). Working both with words and images (Bagley, et al, 2006), "the ZMET technique can be used to understand deep-seated psychological factors that underlie behavior" (Khoo-Lattimore and Prideaux, 2013: 1042).…”

“…For their participation they received a bonus of one point for their final grade in the respective class. Studies showed that the number of constructs identified using ZMET does not increase if the sample is bigger (Bagley et al, 2006) and 4-5 indepth interviews provide approximately 90% of main information extracted from all interviews. (Zaltman, 1997).…”