A model of decision-making incorporating ethical values
Journal of Business Ethics · 1991 · Volume 10 · Issue 11
Abstract
A model is presented which describes the process decision-makers follow when faced with problems containing ethical dimensions. The model, based upon the empirical literature, is designed to provide guidance to researchers studying ethical behavior in business. The model portrays the decision-maker with a set of personal values which are mediated by elements of the organization's culture. The combination of personal values and organizational influences yields decisions which may be significantly different from those made based upon personal values alone. Inclusion of the personal values of the decision-maker as the dominant individual input and an explicit discussion of the ethical decision process make this model more comprehensive than other recent ethics models.
Keywords
Economic Growth, Decision Process, Ethical Behavior, Empirical Literature, Ethical Decision
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