nach oben

Journal of Business Ethics

Erschienen in:

01.02.2014

Institutionalizing Ethics in Institutional Voids: Building Positive Ethical Strength to Serve Women Microfinance Borrowers in Negative Contexts

verfasst von: Subrata Chakrabarty, A. Erin Bass

Erschienen in: Journal of Business Ethics | Ausgabe 4/2014

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

This study examines whether microfinance institutions (MFIs) that serve women borrowers at the base of the economic pyramid are likely to adopt a written code of positive organizational ethics (POE). Using econometric analysis of operational and economic data of a sample of MFIs from across the world, we find that two contextual factors—poverty level and lack of women’s empowerment—moderate the influence of an MFI’s percentage of women borrowers on the probability of the MFI having a POE code. MFIs that serve more women borrowers are more likely to adopt a POE code, especially in negative contexts (where women borrowers face poverty and disempowerment and are therefore susceptible to abuse). This study provides evidence that MFIs can build positive ethical strength in negative contexts.

Vorheriger Artikel Supererogation: Beyond Positive Deviance and Corporate Social Responsibility

Nächster Artikel Understanding Sustainability Innovations Through Positive Ethical Networks

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Adams, J. S., Tashchian, A., & Shore, T. H. (2001). Codes of ethics as signals for ethical behavior. Journal of Business Ethics, 29(3), 199–211.CrossRef

American Psychological Association. (2003). Resolution on poverty and socioeconomic status. Roeper Review, 25(3), 103.CrossRef

Bansal, P., & Hunter, T. (2003). Strategic explanations for the early adoption of ISO 14001. Journal of Business Ethics, 46(3), 289–299.CrossRef

Brau, J. C., & Woller, G. M. (2004). Microfinance: A comprehensive review of the existing literature. Journal of Entrepreneurial Finance and Business Ventures, 9(1), 1–26.

Cabigon, J. V. (2005). Poverty: The cause and consequence of Philippine mortality. Paper presented at the CICRED Seminar on Mortality as Both a Determinant and a Consequence of Poverty and Hunger.

Caza, A., Barker, B. A., & Cameron, K. S. (2004). Ethics and ethos: The buffering and amplifying effects of ethical behavior and virtuousness. Journal of Business Ethics, 52(2), 169–178.CrossRef

CGAP. (2011). Microfinance gateway. CGAP (Consultative Group to Assist the Poor). Retrieved from http://www.microfinancegateway.org.

Chakrabarty, S. (2009). The influence of national culture and institutional voids on family ownership of large firms: A country level empirical study. Journal of International Management, 15(1), 32–45.CrossRef

Chakrabarty, S. (2013). The influence of unrelated and related diversification on fraudulent reporting. Journal of Business Ethics (in press).

Chakrabarty, S., & Bass, A. E. (2013). Encouraging entrepreneurship: Microfinance, knowledge support, and the costs of operating in institutional voids. Thunderbird International Business Review, 55(5).

Chakrabarty, S., & Wang, L. (2012). The long-term sustenance of sustainability practices in MNCs: A dynamic capabilities perspective of the role of R&D and internationalization. Journal of Business Ethics, 110(2), 205–217.CrossRef

Chakrabarty, S., & Wang, L. (2013). Climate change mitigation and internationalization: The competitiveness of multinational corporations. Thunderbird International Business Review, 55(6).

Chakrabarty, S., & Whitten, D. (2011). The sidelining of top IT executives in the governance of outsourcing: Antecedents, power struggles, and consequences. IEEE Transactions on Engineering Management, 58(4), 799–814.CrossRef

Cheston, S., & Kuhn, L. (2002). Empowering women through microfinance. In S. Daley-Harris (Ed.), Pathways out of poverty: Innovations in microfinance for the poorest families (pp. 167–228). Bloomfield, CT: Kumarian Press.

Comer, D. R., & Vega, G. (2011). Introduction: Why moral courage matters in organizations. In D. R. Comer & G. Vega (Eds.), Moral courage in organizations: Doing the right thing at work. New York: M.E. Sharpe, Inc.

Cons, J. K. (2010). Contested credit landscapes: Microcredit, self-help and self-determination in rural Bangladesh. Third World Quarterly, 31(4), 637–654.CrossRef

D Espallier, B., Guérin, I., & Mersland, R. (2011). Women and repayment in microfinance. World Development, 39(5), 758–772.

Duggan, C. (2009). Doing bad by doing good? Theft and abuse by lenders in inadequately regulated microfinance markets. Harvard Business School Working Paper Series, 10-014.

Economist. (2010). Banyan: Under water. The Economist, 950(11 Dec 2010), Retrieved from: economist.com/node/17675848.

Fafchamps, M., & Minten, B. (2006). Crime, transitory poverty, and isolation: Evidence from Madagascar. Economic Development and Cultural Change, 54(3), 579–603.CrossRef

Feigenberg, B., Field, E., & Pande, R. (2011). The economic returns to social interaction: Experimental evidence from microfinance. Mimeo: Harvard Department of Economics.

García-Moreno, C., Jansen, H. A. F. M., Ellsberg, M., Heise, L., & Watts, C. (2005). WHO multi-country study on women’s health and domestic violence against women: Initial results on prevalence, health outcomes and women’s responses. Geneva: WHO Press, World Health Organization.

Godquin, M. (2004). Microfinance repayment performance in Bangladesh: How to improve the allocation of loans by MFIs. World Development, 32(11), 1909–1926.CrossRef

Goldberg, N. (2005). Measuring the impact of microfinance: Taking stock of what we know. Washington DC: Grameen Foundation.

Green, K. W., Chakrabarty, S., & Whitten, D. (2007). Organisational culture of customer care: Market orientation and service quality. International Journal of Services and Standards, 3(2), 137–153.CrossRef

Gudz, S. F. (1999). The potential role of microfinance institutions in mobilizing savings: Lessons from Kenya and Uganda/Stephen F. Gudz Working paper; WP 99-16: Ithaca, NY: Dept. of Agricultural, Resource, and Managerial Economics, Cornell University.

Handelsman, M. M., Knapp, S. J., & Gottlieb, M. C. (2002). Positive ethics. In C. R. Snyder & S. J. Lopez (Eds.), Handbook of positive psychology (pp. 731–744). New York: Oxford University Press.

Handelsman, M. M., Knapp, S. J., & Gottlieb, M. C. (2009). Positive ethics: Themes and variations. In S. J. Lopez & C. R. Snyder (Eds.), Oxford handbook of positive psychology (pp. 105–113). New York: Oxford University Press.

Inter-American Development Bank. (2005). Gender equality and women’s empowerment. The millennium development goals: A Latin American and Carribbean perspective. Washington, DC.

Iyer, L., Mani, A., & Mishra, P., & Topalova, P. (2011). The power of political voice: Women’s political representation and crime in India. Harvard Business School.

Jose, A., & Thibodeaux, M. S. (1999). Institutionalization of ethics: The perspective of managers. Journal of Business Ethics, 22(2), 133–143.CrossRef

Karim, L. (2011). Microfinance and its discontents: Women in debt in Bangladesh. Minneapolis: University of Minnesota Press.

Karnani, A. (2008). Help, don’t romanticize, the poor. Business Strategy Review, 19(2), 48–53.CrossRef

Kenworthy, L., & Malami, M. (1999). Gender inequality in political representation: A worldwide comparative analysis. Social Forces, 78(1), 235–269.

Khanna, T., Palepu, K. G., & Sinha, J. (2005). Strategies that fit emerging markets. Harvard Business Review, 83(6), 63–74.

Linley, P. A., Joseph, S., Harrington, S., & Wood, A. M. (2006). Positive psychology: Past, present, and (possible) future. Journal of Positive Psychology, 1, 3–16.CrossRef

Mair, J., & Marti, I. (2009). Entrepreneurship in and around institutional voids: A case study from Bangladesh. Journal of Business Venturing, 24(5), 419–435.CrossRef

Mair, J., Martí, I., & Ventresca, M. J. (2012). Building inclusive markets in rural Bangladesh: How intermediaries work institutional voids. Academy of Management Journal, 55(4), 819–850.CrossRef

MIX Market. (2010). Financial data and social performance measures for microfinance. Microfinance Information Exchange.

Mayoux, L. (2007). Not only reaching, but also empowering women: Ways forward for the next microfinance decade. Microfinance and Gender: New Contributions to an Old Issue (Vol. 37, pp. 35–60). ADA Dialogue.

Milgram, B. L. (2001). Operationalizing microfinance: Women and craftwork in Ifugao, Upland Philippines. Human Organization, 60(3), 212–224.

Molyneux, M., & Razavi, S. (2002). Gender justice, development and rights. Oxford: Oxford University Press.CrossRef

Morduch, J. (1999). The microfinance promise. Journal of Economic Literature, 37(4), 1569–1614.CrossRef

Murphy, P. E. (1995). Corporate ethics statements: Current status and future prospects. Journal of Business Ethics, 14(9), 727–740.CrossRef

North, D. (1990). Institutions, institutional change and economic performance (Political Economy of Institutions and Decisions). Cambridge: Cambridge University Press.CrossRef

Odell, K. (2010). Measuring the impact of microfinance: Taking another look. Washington, DC: Grameen Foundation Publication Series.

Pickup, F., Williams, S., & Sweetman, C. (2001). Ending violence against women: A challenge for development and humanitarian work. Oxford: Oxfam.

Pitt, M. M., & Khandker, S. R. (1998). The impact of group-based credit programs on poor households in Bangladesh: Does the gender of participants matter? The Journal of Political Economy, 106, 958–996.CrossRef

Prahalad, C. K., & Hammond, A. (2002). Serving the world’s poor, profitably. Harvard Business Review, 80(9), 48–57.

Rahman, A. (1999). Micro-credit initiatives for equitable and sustainable development: Who pays? World Development, 27(1), 67–82.CrossRef

Raphael, J., & Tolman, R. (1997). Trapped by poverty, trapped by abuse: new evidence documenting the relationship between domestic violence and welfare. Chicago: Taylor Institute and University of Michigan, Ann Arbor.

Rasche, A., Baur, D., van Huijstee, M., Ladek, S., Naidu, J., Perla, C., et al. (2008). Corporations as political actors—A report on the first Swiss master class in corporate social responsibility. Journal of Business Ethics, 80(2), 151–173.CrossRef

Rice, J. S. (2010). Free trade, fair trade and gender inequality in less developed countries. Sustainable Development, 18(1), 42–50.

Rosenberg, R. (2009). Measuring results of microfinance institutions: Minimum indicators that donors and investors should track. Consultative Group to Assist the Poor/The World Bank.

Schreiner, M. (2002). Aspects of outreach: A framework for discussion of the social benefits of microfinance. Journal of International Development, 14(5), 591–603.CrossRef

Sekerka, L. E., & Godwin, L. N. (2010). Strengthening professional moral courage: A balanced approach to ethics training. Training & Management Development Methods, 24, 63–74.

Sekerka, L. E., Vacharkulksemsuk, T., & Fredrickson, B. L. (2011). Positive emotions: Broadening and building upward spirals of sustainable enterprise. In K. S. Cameron & G. M. Spreitzer (Eds.), The Oxford handbook of positive organizational scholarship (pp. 168–177). New York: Oxford University Press.

Sims, R. R. (1991). The institutionalization of organizational ethics. Journal of Business Ethics, 10(7), 493–506.CrossRef

Swain, R. B. (2007). Can microfinance empower women? Self-help groups in India. Microfinance and Gender: New Contributions to an Old Issue (ADA Dialogue), 37, 61–82.

Swain, R. B., & Wallentin, F. Y. (2009). Does microfinance empower women? Evidence from self-help groups in India. International Review of Applied Economics, 23(5), 541–556.CrossRef

UNDP. (2007). Human Development Report 2007/2008.

Verbos, A. K., Gerard, J. A., Forshey, P. R., Harding, C. S., & Miller, J. S. (2007). The positive ethical organization: Enacting a living code of ethics and ethical organizational identity. Journal of Business Ethics, 76(1), 17–33.CrossRef

Weber, J. (1993). Institutionalizing ethics into business organizations: A model and research agenda. Business Ethics Quarterly, 3(4), 419–436.CrossRef

Whitten, D., Chakrabarty, S., & Wakefield, R. (2010). The strategic choice to continue outsourcing, switch vendors, or backsource: Do switching costs matter? Information & Management, 47(3), 167–175.CrossRef

World Bank. (2011). World Development Indicators (WDI). Retrieved from http://data.worldbank.org/indicator/all.

Zardkoohi, A., Bierman, L., Panina, D., & Chakrabarty, S. (2011). Revisiting a proposed definition of professional service firms. Academy of Management Review, 36(1, dialogue), 180–184.CrossRef

Titel: Institutionalizing Ethics in Institutional Voids: Building Positive Ethical Strength to Serve Women Microfinance Borrowers in Negative Contexts
verfasst von: Subrata Chakrabarty
A. Erin Bass
Publikationsdatum: 01.02.2014
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe 4/2014
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-013-1833-9

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Weitere Artikel der Ausgabe 4/2014

Reconsidering Virtue: Differences of Perspective in Virtue Ethics and the Positive Social Sciences

Normal Compassion: A Framework for Compassionate Decision Making

Understanding Sustainability Innovations Through Positive Ethical Networks

Wage Cuts and Managers’ Empathy: How a Positive Emotion Can Contribute to Positive Organizational Ethics in Difficult Times

In the Eye of the Beholder: An Exploration of Managerial Courage

Supererogation: Beyond Positive Deviance and Corporate Social Responsibility

Premium Partner