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The relationship between ethics and firm practices in Russia and the United States

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  • Robertson, Christopher J.
  • Gilley, K. Matthew
  • Street, Marc D.

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.

Suggested Citation

  • Robertson, Christopher J. & Gilley, K. Matthew & Street, Marc D., 2003. "The relationship between ethics and firm practices in Russia and the United States," Journal of World Business, Elsevier, vol. 38(4), pages 375-384, November.
    • Handle: RePEc:eee:worbus:v:38:y:2003:i:4:p:375-384
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    References listed on IDEAS

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    Cited by:

    1. Alexandre Ardichvili & Douglas Jondle & Brenda Kowske & Edgard Cornachione & Jessica Li & Thomas Thakadipuram, 2012. "Ethical Cultures in Large Business Organizations in Brazil, Russia, India, and China," Journal of Business Ethics, Springer, vol. 105(4), pages 415-428, February.
    2. McCarthy, Daniel J. & Puffer, Sheila M., 2003. "Corporate governance in Russia: a framework for analysis," Journal of World Business, Elsevier, vol. 38(4), pages 397-415, November.
    3. Christopher Robertson & Bradley Olson & K. Gilley & Yongjian Bao, 2008. "A Cross-Cultural Comparison of Ethical Orientations and Willingness to Sacrifice Ethical Standards: China Versus Peru," Journal of Business Ethics, Springer, vol. 81(2), pages 413-425, August.
    4. Forsyth, Donelson R. & O'Boyle Jr., Ernest H., 2011. "Rules, standards, and ethics: Relativism predicts cross-national differences in the codification of moral standards," International Business Review, Elsevier, vol. 20(3), pages 353-361, June.
    5. Ron Berger & Ram Herstein & Avi Silbiger & Bradley R. Barnes, 2017. "Developing International Business Relationships in a Russian Context," Management International Review, Springer, vol. 57(3), pages 441-471, June.
    6. Koveshnikov, Alexei & Barner-Rasmussen, Wilhelm & Ehrnrooth, Mats & Mäkelä, Kristiina, 2012. "A framework of successful organizational practices in Western multinational companies operating in Russia," Journal of World Business, Elsevier, vol. 47(3), pages 371-382.
    7. Wen-yeh Huang, 2018. "Influence of Transparency on Employees’ Ethical Judgments: A Case of Russia," Journal of Business Ethics, Springer, vol. 152(4), pages 1177-1189, November.

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