Behavioral ethics: New frontiers

  Marshall Schminke, Ph.D. Ethics has emerged as one of the most critical issues facing organizations and the people who work in them. Ethics scandals plague not only profit-seeking organizations, but those with political, religious, athletic, environmental, and social goals as well. Scholarly interest in ethical issues has grown in recent years, with numerous new …

Better than ever? Employee reactions to ethical failures in organizations, and the ethical recovery paradox

  Maureen Ambrose, Ph.D. This research examines organizational attempts to recover internally from ethical failures witnessed by employees. Drawing on research on service failure recovery, relationship repair, and behavioral ethics, we investigate how witnessing unethical acts in an organization impacts employees and their relationship with their organization. In two studies—one in the lab and one …

The 52-Week High Strategy Momentum and Overreaction in Large Firm Stocks

  Ray Sturm, Ph.D. Prior studies have documented momentum profits to stock portfolios formed from 52-week highs in prices. This article primarily examines the pattern of returns to portfolios formed from other highs besides the 52-week high and from the time interval between current prices and the prior high. This study finds evidence suggesting that …