Cross-Cultural Comparisons of Managerial Perception of Profit

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Yong, Aster (2008) Cross-Cultural Comparisons of Managerial Perception of Profit. Journal of Business Ethics, 82 (4). pp. 775-791. ISSN 0167-4544


The study investigated the effects of three cultural variables – country of employment, race/ethnicity and religion – on managerial views of profit and 15 other business priorities. In total, 203 responses were obtained (120 randomly and 83 by quota) from executives and managers belonging to either of two race/ethnic groups (Caucasian and Chinese) and three religious denominations (Christian, Buddhist and Malay Muslim) located in three different countries (Australia, Singapore and Malaysia). Findings indicated that these three different cultural variables affected (to varying degrees) the attitudes of managers towards profit and other related business concerns. Managers working in Malaysia, the Malay Muslims and Caucasians in particular, had the highest regard for profit whilst those employed in Australia were found, on the whole, to be the most (socially) considerate toward their employees, customers and environment. This study pointed to the need for cultural ethics as a complementary function in business.

Item type Article
Subjects Historical > Faculty/School/Research Centre/Department > Centre for International Corporate Governance Research
Historical > FOR Classification > 2201 Applied Ethics
Historical > SEO Classification > 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
Keywords ResPubID15601. cross-cultural analysis, business ethics, profit, perceptions of managers, culture, ethnicity, race, religion, cultural ethics, diversity, Australia, Singapore, Malaysia, Malaysian, Australian
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