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A Model of Reasoned Responses: Use of the Golden Mean and Implications for Management Practice

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Abstract

The concept of the Golden Mean, which has been accepted as a behavioral guideline of human beings for thousands of years, is briefly reviewed. Several empirical studies in the field of organizational behavior are summarized as evidence that the concept has practical management applications. Based on the Golden Mean concept and its management empirical evidence, the authors propose a model of “Reasoned Responses” and its practical application to the decision-making process.

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Kim, C.W., McInerney, M. & Sikula, A. A Model of Reasoned Responses: Use of the Golden Mean and Implications for Management Practice. Journal of Business Ethics 51, 387–395 (2004). https://doi.org/10.1023/B:BUSI.0000032496.86847.86

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