Business ethics, company value and ownership structure

Mili, Mehdi; Gharbi, Sami; Teulon, Frédèric

doi:10.1007/s10997-019-09475-z

Cited by 5 publications

(6 citation statements)

References 43 publications

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“…Under the perspective of "Ethics" (CSR14), the company must have an ethical business behavior toward society. The adoption of ethical principles can have an impact on the image, the attraction of new partners and new investors, generating positive effects on the financial performance (Mili, 2019).…”

Section: Corporate Social Responsibilitymentioning

confidence: 99%

Green human resource management and corporate social responsibility

Freitas

Caldeira-Oliveira

Teixeira

et al. 2020

BIJ

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PurposeIn the past, simply fulfilling economic performance alone was critical to ensuring the success of companies and their shareholders, but this traditional perspective is not compatible with society's current demands, as there is increasing social pressure on organizations to become more sustainable and reduce impacts on the environment, promoting sustainable results in their business processes. In this context, the specialized literature states that human resources management (HRM) is considered a central aspect for building sustainable organizations, in particular, the area of green human resources management (GHRM). Thus, this study analyzes the relationship between GHRM and corporate social responsibility (CSR) in Brazilian companies. Company's age, size, ISO 9001 and 14001 certifications are the control variables.Design/methodology/approachThe authors adopted a quantitative approach in conducting the survey. Four waves of email were sent to HR and CSR managers from 853 Brazilian companies from the metallurgical, automotive and chemical industries. In total, 79 questionnaires were fully answered, higher than the minimum sample calculated by the G*Power 3.1 software, which corresponds to a return rate of 9.26%. For the analysis of the results, the partial least squares method was used.FindingsThis research identifies that GHRM practices, in fact, positively influence CSR practices. The findings evidence that practices of performance evaluation, teamwork and recruitment and selection are the most important for a better CSR performance. The research results indicate that the “ISO 9001 certification” control variable also has a positive and significant effect on CSR and that the size of the company, the age of the company and the ISO 14001 certification, in the analyzed sample, were not relevant (as control variables) for CSR.Originality/valueCurrent literature highlights the gap between GHRM and CSR. This relationship is not explored in Brazil. The study uses a new theoretical model, and it fills the gap identified in the literature. This paper brings important theoretical and managerial contributions. It is the first in the literature to show, in an empirical way, the positive relationship between GHRM and CSR, contributing in an original way to the state of the art of the GHRM and CSR theme. In addition, this research adds empirical evidence on GHRM and CSR in Latin America/South America/Brazil.

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Section: Corporate Social Responsibilitymentioning

confidence: 99%

Green human resource management and corporate social responsibility

Freitas

Caldeira-Oliveira

Teixeira

et al. 2020

BIJ

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“…Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by providing all stakeholders with economic, social and environmental benefits. It is about accountability to all stakeholders, not just shareholders (Mili et al 2019). Friedman (1970) suggests that CSR practices divert the firm from its goals of profit generation and shareholder wealth maximization.…”

Section: Explaining the Relationship Between Business Ethics And Happ...mentioning

confidence: 99%

“…However, adopting ethical principles may affect its image in the business world and hence can be seen as a significant factor in attracting new partners and investors. Based on these claims, it can be argued that ethical principles can positively affect companies' financial performance (Mili et al 2019).…”

Section: Explaining the Relationship Between Business Ethics And Happ...mentioning

confidence: 99%

“…Auditing as a profession is not separate from this and due to the type and nature of the services it offers, it must have high reliability and trust. Also, the continuation of this reliability and trust and its strengthening depends on the intellectual and practical adherence of the profession's members to its behavioral and ethical standards (Mili et al 2019).…”

Section: Introductionmentioning

confidence: 99%

“…These two concepts are closely linked because "a company with a CSR policy must be an ethical company, and an ethical company must be socially responsible" (Fassin et al 2011). However, corporate social responsibility is defined as a business approach that contributes to sustainable development by providing economic, social and environmental benefits to all stakeholders (Mili et al 2019), and ethics related to correct behavior is by ethical standards (Mili et al 2019).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Effect of Ethics in Business on Happiness, Aggressiveness and Inconsistency of Efforts and Rewards

Al-Ameedee

Moradi

2023

JRFM

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The present study investigates the effect of business ethics on happiness, aggression and inconsistency of effort and reward of auditors in Iran and Iraq. The statistical population of the present study includes all partners, managers and auditors working in audit institutions in Iran and partners of the audit institutions, assistant auditors, auditors, individual second rank and individual first rank, with a total of 365 questionnaires completed by Iranian respondents out of 450 questionnaires and 250 questionnaires completed by Iraqi respondents out of 350 questionnaires, a total of 615 questionnaires from the two countries in 2022. Also, the methods of variance analysis and ordinary least squares regression and Smart PLS 3 and Stata 15 software were used to analyze the data and test the hypotheses. The results from testing this research’s hypotheses indicate a negative and significant relationship between business ethics and aggression, effort-reward mismatch and a positive and significant relationship between business ethics and happiness. Since the current research was conducted in the emerging financial markets of Iran and Iraq, which are highly competitive, along with having special economic conditions, and since the occupation of the ISIS terrorist group, the civil wars in Iraq, severe world economic sanctions against Iran and the global crisis of Covid-19 in Iran and Iraq have led to special conditions, the current research can bring helpful information to readers and help the development of science and knowledge in this field.

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