The Ethics of Alternative Currencies

Larue, Louis; Meyer, Camille; Hudon, Marek; Sandberg, Joakim

doi:10.1017/beq.2021.52

Cited by 8 publications

(5 citation statements)

References 79 publications

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“…Drawing on the conservation of resources (COR) theory, our study offered a different view of such conventional thinking and indicated that moral compensation effects did not necessarily occur because the mental resources losses caused by UPB prevented individuals from taking compensatory behaviors. Although some of the existing literature pointed out the complex links between ethical or unethical behavior in business and pro-environmental behavior ( Delmas and Burbano, 2011 ; Gamma et al, 2018 ; Larue et al, 2022 ), limited research has empirically examined the effect of UPB on pro-environmental behaviors in the workplace. This study empirically tested the relationship between UPB and pro-environmental behaviors and enriched the literature of green behavior in the workplace by illustrating employees’ UPB outcomes, which could deepen the knowledge and understanding of the negative effects of UPB.…”

Section: Discussionmentioning

confidence: 99%

“…Pro-environmental behavior refers to behavior related to environmental sustainability that individuals engage in or lead and are conducive to the sustainable development of the ecosystem ( Peng et al, 2020 ). Relevant research has pointed out that there are complex relationships between ethical or unethical behaviors in organizations and pro-environmental behaviors and changes in the natural environment ( Delmas and Burbano, 2011 ; Gamma et al, 2018 ; Dong et al, 2022 ; Larue et al, 2022 ). For example, due to the hypocrisy effect on consumption choices, enterprise managers will formulate a large number of policies to motivate employees’ ethical behaviors, especially pro-environmental behaviors ( Yuan et al, 2022 ).…”

Section: Introductionmentioning

confidence: 99%

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Research on the consequences of employees’ unethical pro-organizational behavior: The moderating role of moral identity

Zhao

2022

Front. Psychol.

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IntroductionIn recent years, employees’ unethical pro-organizational behavior (UPB) has become a social hot issue. This behavior benefits their organization or colleagues while violating core social ethics. Numerous studies have predominately focused on identifying the antecedents and formation mechanisms of UPB. However, only a few studies have focused on the effects and outcomes of UPB. Moreover, guilt triggered by unethical behaviors can motivate individuals to adopt pro-social behaviors, but studies on the effects of UPB on pro-social behavior of actors are rather limited. Therefore, this study explores the underlying relationship between employees’ UPB and their own pro-environmental behavior based on the conservation of resources theory.MethodsThrough collecting data (N = 319) from a Chinese online survey company in different time intervals, the theoretical model was tested by the application of Amos 27.0 and SPSS 25.0 for analysis of the data. The CFA, descriptive analysis, hierarchical regression were illustrated in the article.ResultsThis study demonstrated that, through emotions of guilt, employees’ UPB is negatively correlated with their own environmental protection act. While this relationship is being examined, moral identity plays this mediating role, which can moderate the indirect relationship between employees’ UPB and their environmental behavior through guilt.DiscussionThe purpose of the research was to identify the influence mechanisms that contribute to employees’ pro-organizational but unethical behavior. With guilt serving as the mediating variable and moral identity serving as the moderating variable, a research model built on the principle of the conservation of resources theory was constructed. This research examines the impact mechanism and boundary conditions of UPB on individual pro-environmental behaviors from the perspective of employees. This paper discusses the theoretical and practical implications of the report’s results.

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Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Research on the consequences of employees’ unethical pro-organizational behavior: The moderating role of moral identity

Zhao

2022

Front. Psychol.

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“…Complementary currencies, also known as cryptocurrencies (Bellavitis et al, 2022; Kher et al, 2021), community currencies (Michel & Hudon, 2015), social currencies (Zelizer, 1998), local currencies (Gomez & Helmsing, 2008), or alternatives currencies (Larue et al, 2022), are alternative monetary systems that coexist alongside and complement fiat currencies, such as Brazilian Reais and Euros (Blanc, 2011; Lietaer et al, 2012). These currencies serve as a means of exchange and a unit of account within specific communities, defined by geographical, socioeconomic, or ideological criteria, facilitating the exchange of goods and services among community members (Meyer & Hudon, 2017).…”

Section: Theoretical Background: Complementary Currencies and Entrepr...mentioning

confidence: 99%

“…Establishing a dialog between the complementary currency and the entrepreneurship literature is therefore important to unlock the potential of using complementary currencies as an alternative monetary system in supporting and sustaining entrepreneurs. Taking an entrepreneurship perspective is also pertinent for exploring the practices and entrepreneurial uses of complementary currencies and their contribution to entrepreneurship and community development (Dissaux, 2023; Larue et al, 2022; Ruddick et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

Complementary currencies and entrepreneurship: Sustaining micro‐entrepreneurs in Kenyan informal settlements

Kuk,

Meyer,

Giamporcaro

2023

Strategic Entrepreneurship

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Research SummaryWith over a billion people inhabiting informal settlements worldwide, micro‐entrepreneurs are vital to local economies. Complementary currencies have emerged as tools to sustain these entrepreneurs, providing alternative trading and payment options. This study explores the daily strategies of micro‐entrepreneurs in Kenyan informal settlements using the digital complementary currency Sarafu. Our findings reveal that complementary currencies act as external enablers, transforming the local economies by enhancing payment systems, influencing supply and demand, and altering pricing structures. Significantly, when integrated with savings groups, they provide financial inclusion and collective purpose, strengthening local business networks. This research enriches our understanding of the mechanisms micro‐entrepreneurs deploy to leverage complementary currencies for growth, emphasizing the need for further exploration into the role of complementary currencies in supporting entrepreneurship.Managerial SummaryThis study explores how a complementary currency called Sarafu benefits micro‐entrepreneurs in Kenyan informal settlements. Sarafu acts as catalysts for entrepreneurship by boosting local markets and empowering community cooperation. Our findings reveal that micro‐entrepreneurs use Sarafu to adapt to the unique challenges of informal economies. They employ smart strategies like flexible pricing and inventory management to keep Sarafu flowing smoothly. Sarafu serves a dual purpose: a means of immediate spending and a tool for saving and growing capital. It also strengthens local business networks and creates a sense of collective purpose. For practitioners, this study suggests using complementary currencies to support local business networks, promote collective savings, and align the issuance of complementary currencies with local assets to foster sustainable entrepreneurship in informal economies.

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“…The Conversation, 2 July. <https://theconversation.com/alternative-currencies-are-the-future-why-it-matters-for-development-80036> accessed 25 April 2023.27 Larue, L. andOthers (2022). The Ethics of Alternative Currencies.…”

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confidence: 99%

Cryptocurrency: Legal Analysis on the Future of Financing International Commerce

Fowowe

2024

IJCR

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This paper undertakes an in-depth legality analysis of cryptocurrency as part of a multi-layered discussion of how cryptocurrency is molding the ways that international commerce is financed. In response, the effect that digital currencies exert on long-established financial systems, and cross-border transactions is gradually evident throughout the world. In this study, the existing regulatory frameworks will be analyzed, including case studies and what are emerging trends when it comes to the legal aspects and challenges about the cryptocurrency use in international trade. Some of these aspects comprise rule regimes, antimoney laundering campaigns, taxation, and jurisdictional problems. Furthermore, the paper also assesses the advantages of cryptocurrencies on enhancing smooth, clear and available international transactions and also takes into consideration their risks and uncertainties as it concerns this innovative course of finance. A paper recommendation is that governments and regulatory bodies should create a specific and broad regulatory system to handle alternative currencies in international trading.

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The Ethics of Alternative Currencies

Cited by 8 publications

References 79 publications

Research on the consequences of employees’ unethical pro-organizational behavior: The moderating role of moral identity

Research on the consequences of employees’ unethical pro-organizational behavior: The moderating role of moral identity

Complementary currencies and entrepreneurship: Sustaining micro‐entrepreneurs in Kenyan informal settlements

Cryptocurrency: Legal Analysis on the Future of Financing International Commerce

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