Title
The ethical context of entrepreneurship: Proposing and testing a developmental framework
Abbreviated Journal Title
J. Bus. Ethics
Keywords
ethical context; entrepreneurship; formal and informal structures; small; business; stages of development; SMALL BUSINESS; DECISION-MAKING; RISK-TAKING; BEHAVIOR; VALUES; ORGANIZATIONS; GROWTH; PERFORMANCE; DIMENSIONS; COMMITMENT; Business; Ethics
Abstract
The aim of this study is to increase our understanding of the ethical climate of entrepreneurial firms as they grow and develop. A developmental framework is introduced to describe the formal and informal ethical structures that emerge in entrepreneurial firms over time. Factors influencing where firms are within the developmental framework are posited, including the entrepreneur's psychological profile, lifecycle stage of the business, and descriptive characteristics of the venture. It is also proposed that the implementation of ethical structures will impact perceptions of the clarity and adequacy of the ethical standards of the firm and the firm's preparedness to deal with ethical challenges as they arise. Results are reported of a cross-sectional survey of small firms at different stages of development. The findings indicate the existence of four distinct clusters of firms based on their formal and informal ethical structures: Superlatives, Core Proponents, Pain and Gain, and Deficients. Evidence is also provided of statistically significant relationships between the proposed antecedent and outcome variables. Implications are drawn from the results, and priorities are established for future research.
Journal Title
Journal of Business Ethics
Volume
40
Issue/Number
4
Publication Date
1-1-2002
Document Type
Review
Language
English
First Page
331
Last Page
361
WOS Identifier
ISSN
0167-4544
Recommended Citation
"The ethical context of entrepreneurship: Proposing and testing a developmental framework" (2002). Faculty Bibliography 2000s. 3370.
https://stars.library.ucf.edu/facultybib2000/3370
Comments
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