2011
DOI: 10.1007/s10551-011-1037-0
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Ethical Hazards: A Motive, Means, and Opportunity Approach to Curbing Corporate Unethical Behavior

Abstract: Scandals in companies such as Enron have been a source of great concern in the last decade. The events that led to a global financial crisis in 2008 have heightened this concern. How does one account for executive behaviors that led to such a crisis? This article argues that a conjunction of motive, means, and opportunity creates 'an ethical hazard' making questionable executive decisions more probable. It then suggests that corporate unethical behavior can be minimized by creating a process to identify and re… Show more

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Cited by 40 publications
(28 citation statements)
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“…It is also illegal.'' The same consideration, as pointed out by Pendse (2012), applies to bribery. Moreover, bribery is a form of behavior that is criminalized not only in national, but also in international legislation: The United Kingdom Bribery Act and The Foreign Corrupt Practices Act are important examples of the latter (Jordan 2011).…”
Section: Introductionmentioning
confidence: 76%
See 3 more Smart Citations
“…It is also illegal.'' The same consideration, as pointed out by Pendse (2012), applies to bribery. Moreover, bribery is a form of behavior that is criminalized not only in national, but also in international legislation: The United Kingdom Bribery Act and The Foreign Corrupt Practices Act are important examples of the latter (Jordan 2011).…”
Section: Introductionmentioning
confidence: 76%
“…As pointed out by Coleman (1987): ''If there is no opportunity, there will be no crime'' (p. 424). Hence, from a criminological viewpoint, the opportunity to engage in certain behavior is an essential component in any potentially unethical or criminal act (Pendse 2012). Opportunity is also a prominent factor in studies aimed at explaining corruption (Aguilera and Vadera 2008;Pinto et al 2008).…”
Section: Explaining Corruption and Integrating Perspectivesmentioning
confidence: 99%
See 2 more Smart Citations
“…Motive refers to the reasons for performing an illegal or unethical act (McKendall and Wagner, , Pendse, ). One source of motivation is the payoff associated with the act (Lazear, )—as payoffs increase, motivation also increases.…”
Section: Literature and Hypothesesmentioning
confidence: 99%