Ethics and Sustainable Management. An Empirical Modelling of Carroll’s Pyramid for the Italian Landscape

Business management and, more generally, decision makers, are increasingly aware of the importance of <i>corporate social responsibility</i> and <i>ethical choices</i> within the strategic business vision. The number of <i>tools</i> (e.g., board of directors, orga...

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Autores principales: Ernesto D’Avanzo, Mariangela Franch, Elio Borgonovi
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/993690f24a294842a3dbdc46d0d091c9
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Sumario:Business management and, more generally, decision makers, are increasingly aware of the importance of <i>corporate social responsibility</i> and <i>ethical choices</i> within the strategic business vision. The number of <i>tools</i> (e.g., board of directors, organization actions), <i>levers</i> (e.g., cultural, social example of direct boss) and <i>rules</i> (e.g., protocols, certifications, law decrees) available, however, makes it difficult for management to identify the set of <i>best practices</i> to be adopted within its own organization. Further, the task is even more difficult when management is called upon to choose these tools for <i>life-long learning programs</i> intended for company staff as well as for new hires. The <i>Italian Association for Managerial Training</i> has promoted a survey that pays particular attention to the «ethical choices» and «behaviors» to be adopted in the <i>organization’s management</i> and their <i>training programs</i>. The results of the survey have been modelled through «Carroll’s conceptual framework» that, as known, is made of two parts: the most cited <i>CSR pyramid</i> and the least mentioned, but equally important, <i>descriptive types</i> of management. In this work, it has been employed a two steps <i>multivariate analysis</i>, employing an <i>Exploratory Factor Analysis</i> (<i>EFA</i>) and a <i>Structural Equation Modelling</i> (<i>SEM</i>). <i>EFA</i> has been used to identify Carroll’s <i>descriptive types</i> (or <i>profiles</i>), while <i>SEMs</i> were employed to verify the plausibility of the <i>causal models</i> that represent, in turn, <i>thought experiments</i> simulating «ethical dilemmas» useful for the company’s management during its <i>decision making</i>. The models identified, readable in the form of simple «heuristics», are interpreted in the light of Carroll’s «descriptive types» of management (i.e., moral, immoral and amoral). Thereby, any organization, even of a small size, interested in adopting «sustainable policies», can make use of the identified <i>models</i> to establish which guidelines can be adopted by the management during her/his <i>decision</i> making, and, according to Carroll, «to isolate the ethical or moral component of CSR and relate it to perspectives that reflect the three major ethical approaches to management», with the overall objective of managing with «stakeholders in an ethical or moral fashion».