Presentation Title

Exploring the Effectiveness of Codes of Ethics Adopted by For-Profit Self-Identified Christian Companies

Start Date

22-4-2017 2:00 PM

Scholarship Domain(s)

Scholarship of Discovery

Description

Ethical Leadership Colloquium

Member of the Ed.D. Class of 2016-17

Cohort X

Comments

Author Abstract:

Following the collapse of Enron in 2001 and the discovery of massive fraud which precipitated Enron’s $64 billion loss, Congress passed the Sarbanes-Oxley Act of 2002 (SOX). Among the requirements, SOX mandated that all publicly held United States companies adopt Codes of Ethics (COE) designed to encourage ethical practices and restrict unethical practices. Since the passage of SOX, the United States has seen a rise in unethical corporate behavior resulting in loss of life, environmental damage, and greater financial loss. The question has therefore been asked: Do COEs reduce unethical corporate behavior? More than 79 studies have been conducted in order to answer that question, but the results have been inconclusive. Many scholars and ethicists now seek a third generation COE model to address stakeholders’ concerns, legal compliance, and corporate social responsibility (CSR) in equal measure. The purpose of the current study was to explore the potential effectiveness of COEs adopted and implemented by for-profit, self-identified Christian companies through an objective and empirical examination of the sample companies’ compliance with federal law and their voluntary CSR initiatives. The study revealed that the sample Christian companies outperformed their competitors in federal legal compliance, performed equal to their competitors in CSR, and that publicly held Christian companies outperformed privately held Christian companies with statistically significant higher CSR scores (p < .003). The researcher recommends that further studies be conducted in order to determine if Christian companies’ COEs might provide a model for third generation COEs.

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Apr 22nd, 2:00 PM

Exploring the Effectiveness of Codes of Ethics Adopted by For-Profit Self-Identified Christian Companies

Ethical Leadership Colloquium

Member of the Ed.D. Class of 2016-17

Cohort X