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The Development of Ethical Issues Facing Boards of Directors: A Model with Implications

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  • Ian Jones
  • Michael Pollitt

Abstract

Outlines a model of how ethical issues develop over time using an ethical issue life cycle with three phases. Illustrates the model with reference to ethical issues currently facing UK boards of directors, and uses the Bible to further develop the model to suggest how company boards might respond to ethical issues as they progress.

Suggested Citation

  • Ian Jones & Michael Pollitt, 1999. "The Development of Ethical Issues Facing Boards of Directors: A Model with Implications," Working Papers wp151, Centre for Business Research, University of Cambridge.
    • Handle: RePEc:cbr:cbrwps:wp151
    Note: PRO-2
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    File URL: https://www.jbs.cam.ac.uk/cbrwp151/
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    References listed on IDEAS

    as
    1. Jenkinson, Tim & Mayer, Colin, 1992. "The Assessment: Corporate Governance and Corporate Control," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 8(3), pages 1-10, Autumn.
    2. Adrian Cadbury, 1998. "The Role of Voluntary Codes of Practice in Setting Ethics," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 5, pages 68-84, Palgrave Macmillan.
    3. Raymond Vernon, 1966. "International Investment and International Trade in the Product Cycle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 190-207.
    4. Luigi Zingales, 1997. "Corporate Governance," NBER Working Papers 6309, National Bureau of Economic Research, Inc.
    5. Russell Sparkes, 1998. "The Challenge of Ethical Investment: Activism, Assets and Analysis," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 8, pages 141-170, Palgrave Macmillan.
    6. Ian Jones & Michael Pollitt (ed.), 1998. "The Role of Business Ethics in Economic Performance," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-37979-4, March.
    7. Norman Barry, 1998. "Government and Business Ethics," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 6, pages 85-110, Palgrave Macmillan.
    8. Neil Hood, 1998. "Business Ethics and Transnational Companies," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 10, pages 193-210, Palgrave Macmillan.
    9. Maurie Cohen, 1998. "Evidence of a New Environmental Ethic: Assessing the Trend towards Investor and Consumer Activism," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 7, pages 111-140, Palgrave Macmillan.
    10. John Eatwell, 1998. "Ethics and Self-Interest," Palgrave Macmillan Books, in: Ian Jones & Michael Pollitt (ed.), The Role of Business Ethics in Economic Performance, chapter 2, pages 21-30, Palgrave Macmillan.
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    Cited by:

    1. Isabel-María García-Sánchez & Luis Rodríguez-Domínguez & Isabel Gallego-Álvarez, 2013. "CEO qualities and codes of ethics," European Journal of Law and Economics, Springer, vol. 35(2), pages 295-312, April.
    2. Katia Furlotti & Tatiana Mazza, 2020. "Code of ethics and workers' communication policies: The role of corporate governance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 3060-3072, November.
    3. Luis Rodriguez-Dominguez & Isabel Gallego-Alvarez & Isabel Garcia-Sanchez, 2009. "Corporate Governance and Codes of Ethics," Journal of Business Ethics, Springer, vol. 90(2), pages 187-202, December.

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    More about this item

    Keywords

    business ethics; corporate governance; whistleblowing;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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