, Volume 14, Issue 11, pp 909-922

Personal values: Potential keys to ethical decision making

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Abstract

Personal values have long been associated with individual decision behavior. The role played by personal values in decision making within an organization is less clear. This study examines the relationship between personal values and the ethical dimension of indicated decisions utilizing discriminant analysis. Past research has found that managers tend to respond to ethical dilemmas situationally. The study examines personal values as they relate to four types of ethical dilemmas.

David J. Fritzsche was a visiting professor at Florida International University when this article was written. His articles have appeared in numerous journals and books. He is also a co-author ofThe Business Policy Game, a strategic management simulation.