Abstract:This article compares the ethical attitudes of Ukrainian business professionals with those of United States business professionals. A widely used survey instrument consisting of 16 hypothetical situations involving ethical dilemmas was employed to gather information on ethical attitudes in the two countries. On 13 of 16 vignettes, Ukrainian respondents demonstrated less stringent ethical attitudes than did their United States counterparts. Possible reasons for these differences are discussed, with primary emph… Show more
“…As mentioned, in Ukraine, bribery accounted for at least 20 percent of the total wage compensation in the public sector, which was equivalent to US$460-580 million, or 0.9-1.2 percent of its GDP in 2003. Our results offer indirect support for people in the public sector and in low GDP groups (Campbell, 2007;Gorodnichenko and Peter, 2007;McCarthy and Puffer, 2008;Treisman, 2007;Vynoslavaska et al, 2005).…”
mentioning
confidence: 71%
“…In underdeveloped geopolitical entities or transition economies, the solid economic, legal, political, and social infrastructures may not exist (McCarthy and Puffer, 2008;Vynoslavaska et al, 2005). Most people in these societies are poor and jobless and have significantly fewer resources and opportunities to make money than those in the high or median GDP groups.…”
Section: Gdp and Cpimentioning
confidence: 99%
“…High income is positively related to love of money for underpaid people because those with financial hardship are obsessed with money; high income may reduce their love of money for highly paid professionals (Lim and Teo, 1997;Tang and Chiu, 2003;Tang et al, 2005). Researchers have found serious corruption and unethical behavior intentions in transition economies, e.g., Russia and Ukraine (McCarthy and Puffer, 2008;Vynoslavaska et al, 2005). In Ukraine, for example, public sector employees received 24 to 32 percent less wages than their private sector counterparts, but both sectors had an essentially identical level of consumer expenditures (Gorodnichenko and Peter, 2007).…”
love of money, corporate ethical values, propensity to engage in unethical behavior, job stress, life satisfaction, measurement invariance, private vs. public, corruption perception index (CPI), Republic of Macedonia,
“…As mentioned, in Ukraine, bribery accounted for at least 20 percent of the total wage compensation in the public sector, which was equivalent to US$460-580 million, or 0.9-1.2 percent of its GDP in 2003. Our results offer indirect support for people in the public sector and in low GDP groups (Campbell, 2007;Gorodnichenko and Peter, 2007;McCarthy and Puffer, 2008;Treisman, 2007;Vynoslavaska et al, 2005).…”
mentioning
confidence: 71%
“…In underdeveloped geopolitical entities or transition economies, the solid economic, legal, political, and social infrastructures may not exist (McCarthy and Puffer, 2008;Vynoslavaska et al, 2005). Most people in these societies are poor and jobless and have significantly fewer resources and opportunities to make money than those in the high or median GDP groups.…”
Section: Gdp and Cpimentioning
confidence: 99%
“…High income is positively related to love of money for underpaid people because those with financial hardship are obsessed with money; high income may reduce their love of money for highly paid professionals (Lim and Teo, 1997;Tang and Chiu, 2003;Tang et al, 2005). Researchers have found serious corruption and unethical behavior intentions in transition economies, e.g., Russia and Ukraine (McCarthy and Puffer, 2008;Vynoslavaska et al, 2005). In Ukraine, for example, public sector employees received 24 to 32 percent less wages than their private sector counterparts, but both sectors had an essentially identical level of consumer expenditures (Gorodnichenko and Peter, 2007).…”
love of money, corporate ethical values, propensity to engage in unethical behavior, job stress, life satisfaction, measurement invariance, private vs. public, corruption perception index (CPI), Republic of Macedonia,
“…Furthermore, some studies prove also that less developed and more turbulent business regulatory and legal systems in CEE countries lead to the situation that financial considerations take higher precedence over social and environmental responsibility activities of organizations (Filatotchev et al 2000, Vynoslavska et al 2005. The research of Inglehart and Welzel (2005) indicates that in richer and more stable countries such as those in Western Europe, individuals are more likely to have adapted to their current material level with the result that they focus more on such issues as social welfare and environmental sustainability.…”
Financial institutions play a fundamental role in determining the sustainability of economies, both in developed and developing countries. However, the worldwide financial crises made many financial institutions lost their credibility and CSR engagement has been perceived as a remedy. The aim of this paper is to analyze the interrelation between being socially responsible and tangible financial outcome of financial institutions in one of the CEE countries -Poland. Financial and market data of all the public companies from the financial sector in Poland -116 financial institutions. The analyzed period is 2012-2015 that gives 257 observations. The empirical results reveal that in case of financial institutions in Poland the slack resources are strongly related to CSR involvement, however being socially responsible is not reflected in the bottom line. Polish market and the public are reluctant in considering the CSR importance and the CSR engagement is not rewarded. This undermines the role of CSR commitment in financial institutions in CEECs. It may be assumed that CSR efforts in Poland are not focused properly, or they are not communicated effectively. On the basis of comparative analysis is
“…However, this body of research is mainly limited to the exploration of business culture in Russia (Deshpande et al, 2000;Hisrich and Gratchev, 2001;Sommer et al, 2000;Taylor et al, 1997) or Ukraine (Kennedy and Lawton, 1996;Vynoslavska, 2005), while other post-soviet countries have tended to be neglected. As a result, the conceptualisation and research of business ethics in post-soviet countries often assumes either a relative stability or universality of ethical norms of business conduct, despite the warnings of writers such as Robertson (2002) who have drawn attention to the dynamic nature of business ethics in the context of growing international interdependence.…”
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