Skip to main content
Log in

Changes in Attitudes Towards Business Ethics Held by Former South African Business Management Students

  • Published:
Journal of Business Ethics Aims and scope Submit manuscript

Abstract

The objective of this study was to assess whether, and how, the attitudes towards business ethics of former South African business students have changed between the early 1990s and 2010. The study used the Attitudes Toward Business Ethics Questionnaire and applied a comparative analysis between leading business schools in South Africa. The findings of this study found a significant change in attitudes based on a set time frame, with a trend towards stronger opinions on business ethics and espoused values. Eleven factors came out as fundamental, although they were less able to explain the variation in the attitudes than the previous study. A significant change in the rankings of variables was noted and indicated a shift in attitude toward a teleological moral philosophy as well as utilitarian motives. This shows a clear trend towards compliance-based ethics, which can be explained by the proliferation of business legislation and regulation in the wake of recent corporate governance failures and the subsequent global financial crisis.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  • Abdi, H. (2003). Factor rotations in factor analyses. In M. Lewis-Beck, A. Bryman, & T. Futing (Eds.), Encyclopedia for research methods for the social sciences (pp. 978–982). Thousand Oaks, CA: Sage.

    Google Scholar 

  • Andreasson, S. (2008). Understanding corporate governance reform in South Africa: The influence of the Sarbanes–Oxley on the King reports. Unpublished paper under review. Accessed April 3, 2012, from http://works.bepress.com/stefan_andreasson/8.

  • Arlow, P., & Ulrich, T. A. (1988). A longitudinal survey of business school graduates’ assessments of business ethics. Journal of Business Ethics, 7(4), 295–302.

    Article  Google Scholar 

  • Bageac, D., Furrer, O., & Reynaud, E. (2011). Management students’ attitudes toward business ethics: A comparison between France and Romania. Journal of Business Ethics, 98, 391–406. doi:10.1007/s10551-010-0555-5.

    Article  Google Scholar 

  • Banerjee, A., Galiani, S., Levinsohn, J., McLaren, Z., & Woolard, I. (2008). Why has unemployment risen in the new South Africa? Economics of Transition, 16(4), 715–740. doi:10.1111/j.1468-0351.2008.00340.x.

    Article  Google Scholar 

  • Bernardi, R. A., & LaCross, C. C. (2005). Corporate transparency: Code of ethics disclosures. CPA Journal, 75(4), 34–37.

    Google Scholar 

  • Card, R. F. (2005). Individual responsibility within organizational contexts. Journal of Business Ethics, 62(4), 397–405. doi:10.1007/s10551-005-0302-5.

    Article  Google Scholar 

  • Christensen, L., Peirce, E., Hartman, L., Hoffman, W., & Carrier, J. (2007). Ethics, CSR, and sustainability education in the financial times top 50 global business schools: Baseline data and future research directions. Journal of Business Ethics, 73(4), 347–368. doi:10.1007/s10551-006-9211-5.

    Article  Google Scholar 

  • Diamond, G., & Price, G. (2012). The political economy of corporate governance reform in South Africa. South African Journal of Business Management, 43(1), 15–25.

    Google Scholar 

  • Emerson, T. L. N., & Conroy, S. J. (2004). Have ethical attitudes changed? An intertemporal comparison of the ethical perceptions of college students in 1985 and 2001. Journal of Business Ethics, 50(2), 167–176.

    Article  Google Scholar 

  • Felo, A. J. (2007). Board oversight of corporate ethics programs and disclosure transparency. Accounting & the Public Interest, 7, 1–25.

    Article  Google Scholar 

  • Forsyth, D. R. (1980). A taxonomy of ethical ideologies. Journal of Personality and Social Psychology, 39, 175–184.

    Article  Google Scholar 

  • Gao, Y. (2008). An ethical judgment framework for corporate political actions. Journal of Public Affairs, 8(3), 153–163. doi:10.1002/pa.289.

    Article  Google Scholar 

  • Grubišić, D., & Goić, S. (1998). Attitudes towards some aspects of business ethics among students from countries in transition: An empirical research. A European Review, 7(3), 163–177.

    Google Scholar 

  • Institute of Directors in Southern Africa (IoDSA). (2009). King report on governance for South Africa 2009. Parklands: IoDSA.

  • Kohlberg, L. (1969). Stage and sequence: The cognitive development approach to socialization. In D. Goslin (Ed.), Handbook of socialization theory and research (pp. 347–380). Chicago: Rand McNally.

    Google Scholar 

  • Liedekerke, L., & Dubbink, W. (2008). Twenty years of European business ethics—past developments and future concerns. Journal of Business Ethics, 82(2), 273–280. doi:10.1007/s10551-008-9886-x.

    Article  Google Scholar 

  • Malherbe, S., & Segal, N. (2001). Corporate governance in South Africa. Policy dialogue meeting on corporate governance in developing countries and emerging economies (pp. 1–86). Paris: OECD Development Centre and the European Bank for Reconstruction and Development.

  • Moore, R. S., & Radloff, S. E. (1996). Attitudes towards business ethics held by South African students. Journal of Business Ethics, 15(8), 863–869.

    Article  Google Scholar 

  • Newell, P. (2008). Civil society, corporate accountability and the politics of climate change. Global Environmental Politics, 8(3), 122–153.

    Article  Google Scholar 

  • Preble, J. F., & Reichel, A. (1988). Attitudes towards business ethics of future managers in the U.S. and Israel. Journal of Business Ethics, 7(12), 941–949.

    Google Scholar 

  • Sims, R. L., & Gegez, A. E. (2004). Attitudes towards business ethics: A five nation comparative study. Journal of Business Ethics, 50(3), 253–265.

    Article  Google Scholar 

  • Small, M. W. (1992). Attitudes towards business ethics held by western Australian students: A comparative study. Journal of Business Ethics, 11(10), 745–752.

    Article  Google Scholar 

  • Tseng, H., Duan, C., Tung, H., & Kung, H. (2010). Modern business ethics research: Concepts, theories, and relationships. Journal of Business Ethics, 91(4), 587–597. doi:10.1007/s10551-009-0133-x.

    Article  Google Scholar 

  • Twenge, J. (2010). A review of the empirical evidence on generational differences in work attitudes. Journal of Business and Psychology, 25(2), 201–210. doi:10.1007/s10869-010-9165-6.

    Article  Google Scholar 

  • Valenzuela, L., Mulki, J., & Jaramillo, J. (2010). Impact of customer orientation, inducements and ethics on loyalty to the firm: Customers’ perspective. Journal of Business Ethics, 93(2), 277–291. doi:10.1007/s10551-009-0220-z.

    Article  Google Scholar 

  • Yandle, B. (2010). Lost trust the real cause of the financial meltdown. Independent Review, 14(3), 341–361.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Gavin Price.

Appendix

Appendix

See Table 7.

Table 7 ATBEQ research instrument

Rights and permissions

Reprints and permissions

About this article

Cite this article

Price, G., van der Walt, A.J. Changes in Attitudes Towards Business Ethics Held by Former South African Business Management Students. J Bus Ethics 113, 429–440 (2013). https://doi.org/10.1007/s10551-012-1314-6

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s10551-012-1314-6

Keywords

Navigation