Assessing ethical behaviours in the Spanish banking and insurance industries: evidence and challenges |
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Authors: | Pablo Ruiz-Palomino Ricardo Martínez-Cañas |
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Institution: | Department of Business AdministrationUniversity of Castilla-La Mancha, CuencaSpain |
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Abstract: | This study aims to improve understanding of the ethical nature of the relations in two labour-intensive industries to facilitate the creation of an ethical culture. For this purpose, the authors first review literature related to the main influences on ethical behaviour, then perform an empirical analysis of those factors using a hierarchical stepwise regression of a database of 525 banking and insurance employees. Contrary to expectations, leadership has a less important effect on ethical behaviour than other organizational factors. The results reveal several implications for improving the management of ethical behaviour in these industries. |
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Keywords: | banking industry employees ethical behaviour ethical culture individual factors insurance industry situational factors |
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