The relationship between ethics and firm practices in Russia and the United States |
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| Authors: | Christopher J Robertson K Matthew Gilley Marc D Street |
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| Institution: | a General Management Group, Northeastern University, College of Business Administration, Boston, MA 02115, USA;b Department of Management, College of Business Administration, Oklahoma State University, Stillwater, OK 74074, USA;c College of Business, University of South Florida, 140 7th Avenue South, St. Petersburg, FL 33701, USA |
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| Abstract: | One of the fundamental objectives of corporate governance is to promote a climate that fosters ethical decision-making. As transitioning economies move toward more transparent and democratic systems the existence of policies, such as codes of ethics, that attempt to monitor and control moral behavior will become increasingly important. The establishment of ethical standards not only encourages trust with potential trade partners but also is likely to cultivate foreign direct investment. In this study, data collected from 112 U.S. and 74 Russian respondents reveal some intriguing patterns across these two diverse economies. Managerial implications and future research directions are also discussed. |
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| Keywords: | Russia United States Business ethics Firm practices Corporate governance |
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