Corporate ethics practices in the mid-1990s: An empirical study of the fortune 1000

Gary R. Weaver, Linda Klebe Treviño, Philip L. Cochran

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Scopus citations

Abstract

This empirical study of Fortune 1000 firms assesses the degree to which those firms have adopted various practices associated with corporate ethics programs. The study examines the following aspects of formalized corporate ethics activity: ethics-oriented policy statements; formalization of management responsibilities for ethics; free-standing ethics offices; ethics and compliance telephone reporting/advice systems; top management and departmental involvement in ethics activities; usage of ethics training and other ethics awareness activities; investigatory functions; and evaluation of ethics program activities. Results show a high degree of corporate adoption of ethics policies, but wide variability in the extent to which these policies are implemented by various supporting structures and managerial activities. In effect, the vast majority of firms have committed to the low cost, possibly symbolic side of ethics management (e.g., adoption of ethics codes and policies, etc.). But firms differ substantially in their efforts to see that those policies or codes actually are put into practice.

Original languageEnglish (US)
Title of host publicationCitation Classics from The Journal of Business Ethics
Subtitle of host publicationCelebrating the First Thirty Years of Publication
PublisherSpringer Netherlands
Pages625-640
Number of pages16
ISBN (Electronic)9789400741263
ISBN (Print)9789400741256
DOIs
Publication statusPublished - Jan 1 2013

    Fingerprint

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

Cite this

Weaver, G. R., Treviño, L. K., & Cochran, P. L. (2013). Corporate ethics practices in the mid-1990s: An empirical study of the fortune 1000. In Citation Classics from The Journal of Business Ethics: Celebrating the First Thirty Years of Publication (pp. 625-640). Springer Netherlands. https://doi.org/10.1007/978-94-007-4126-3_31