YUELI Academic class 118, level 6
Reading Summary #4
October 7th, 2007
Grace Guan
Values and the Perceived Importance of Ethics and Social Responsibility: The U.S. versus China
Summary:
According to the authors Shafer, Fukukawa and Lee in their article “Values and the Perceived Importance of Ethics and Social Responsibility: The U.S. versus China,” (Business Ethics, 2007, P265-285), they states the effects of nationality and personal values on the Perceived Role of Ethics and Social Responsibility scale.
In the article, Shafer, Fukukawa and Lee hypothesize that Chinese managers believe less strongly in the importance of ethical and socially responsible business conduct (2007, P270-271). They also hypothesized that after controlling for national differences, managers' personal values would have a significant impact on Perceived Role of Ethics and Social Responsibility responses (Shafer, Fukukawa, Lee, 2007, P271-273). The results indicate that nationality did not have a consistent impact on Perceived Role of Ethics and Social Responsibility responses (Shafer, Fukukawa, Lee, 2007, P275-278). After controlling for national differences, self-transcendence values and Conservation values had significant positive impacts on Perceived Role of Ethics and Social Responsibility dimensions(Shafer, Fukukawa, Lee, 2007, P279-283).
In conclusion, according to. Shafer, Fukukawa and Lee’s article, not nationality but personal values have a consistent impact on Perceived Role of Ethics and Social Responsibility responses.