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Ethics in family vs nonfamily owned businesses
Frederic J Hebert1, Kenneth E Bass, Joseph Tomkiewicz
1Department of Management, School of Business, East Carolina University, Greenville, NC 27858-4353, USA.
Psychological Reports
|January 18, 2003
Abstract:
This study investigated the ethical judgments in family vs nonfamily owned businesses. Respondents rated their ethical evaluations of 5 scenarios which involved ethical issues, e.g., promotion of a family member ahead of an equally qualified nonfamily employee. Analysis of responses from 120 participants yielded no statistically significant differences between the ethical judgment ratings of owner/managers of family and nonfamily owned firms.