The Role of Ethical Values in an Expanded Psychological Contract |
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Authors: | Wayne O’Donohue Lindsay Nelson |
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Institution: | (1) Department of Marketing & Management, University of Southern Denmark, Campusvej 55, Odense M, DK-5230, Denmark;(2) Institute of Public Health – Health Economics, University of Southern Denmark, Campusvej 55, Odense M, DK-5230, Denmark |
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Abstract: | Social values and beliefs systems are playing an increasingly influential role in shaping the attitudes and behavior of individuals
and organizations towards the employment relationship. Many individuals seek a broader meaning in their work that will let
them feel that they are contributing to the broader community. For many organizations, a willingness to behave ethically and
assume responsibility for social and environmental consequences of their activities has become essential to maintaining their
‹license to operate.’ The appearance of these trends in individual and organizational behavior towards outcomes that are more
explicitly congruent with ethical and social values has significant implications for understanding the psychological contracts
being created today. In this paper, we examine issues associated with the psychological contract and ethical standards of
behavior, focusing on both the individual and organizational levels. |
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