2016
DOI: 10.1007/s10551-016-3069-y
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U.S. CEOs of SBUs in Luxury Goods Organizations: A Mixed Methods Comparison of Ethical Decision-Making Profiles

Abstract: This study involved using a mixed method research design to examine the moral philosophy difference between the ethical decision-making process of CEOs in U.S.-led and non-U.S.-led within the luxury goods industry. The study employed a MANOVA to compare the ethical profiles between the two leader types (US and non-US led) and a phenomenological qualitative process to locate themes that give indication as to the compatibility of the luxury strategy values and practices with the principles and concepts of respon… Show more

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Cited by 13 publications
(8 citation statements)
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References 125 publications
(275 reference statements)
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“…Melo et al (2012) show that, although decision-makers in luxury hotels in Natal/RN, Brazil, are interested in CSR, business practices still need further improvements in this area. Wisler (2018) does not find evidence of a moral philosophy difference between the ethical decision-making process of chief executive officers in U.S.-led and European-led strategic business units within the luxury goods industry. ''The themes and emergent findings resulting from the qualitative analysis indicate a profound incompatibility between the values informing decision-makers using the luxury strategy and those employed by leaders operating within the principles and parameters of responsible leadership and conscious capitalism'' (Wisler 2018, p. 443).…”
Section: Perceived Advantagesmentioning
confidence: 87%
“…Melo et al (2012) show that, although decision-makers in luxury hotels in Natal/RN, Brazil, are interested in CSR, business practices still need further improvements in this area. Wisler (2018) does not find evidence of a moral philosophy difference between the ethical decision-making process of chief executive officers in U.S.-led and European-led strategic business units within the luxury goods industry. ''The themes and emergent findings resulting from the qualitative analysis indicate a profound incompatibility between the values informing decision-makers using the luxury strategy and those employed by leaders operating within the principles and parameters of responsible leadership and conscious capitalism'' (Wisler 2018, p. 443).…”
Section: Perceived Advantagesmentioning
confidence: 87%
“…One of the challenges that companies face when integrating their foreign strategies is how to manage foreign strategic business units (SBUs). While the issue of SBUs is not a new one (Gupta and Govindarajan, 1986;Gupta, 1987;Obeidat et al, 2017), it remains an issue in the strategic business implementation in many MNC's (Wisler, 2018). SBUs can effectively apply their strategies by creating a better understanding of the cultural identity they function in.…”
Section: Literature Reviewmentioning
confidence: 99%
“…SBUs can effectively apply their strategies by creating a better understanding of the cultural identity they function in. Failure to properly identify these cultural dimensions can result in the failure of the business strategy and limited results in foreign strategies (Homburg and Pflesser, 2000;Wisler, 2018).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Board size refers to the total number of directors of a firm inclusive of the chief executive officer (CEO) and chairman (Akbar, 2017). According to Adams and Ferriera (2017), the corporate board has a cardinal function of monitoring and advising management; thus, it is a vibrant instrument for aligning decisions of management and shareholders in an organization (Wisler, 2018). With the increased competition in the contemporary business environment, the efficiency of corporate boards in shielding stakeholders has become crucial continually.…”
Section: Introductionmentioning
confidence: 99%