Ethical behaviour and autonomy
The results indicate a statistically significant inverse relationship
(p≤0,05) between autonomy and levels of ethical behaviour. This
indicates that individuals who achieve a high score on autonomy,
achieve low scores on levels of ethical behaviour. Bearing in mind
that low scores indicate a high level of ethical behaviour, individuals
who achieve a high score on autonomy therefore have greater levels
of ethical behaviour.
The aforementioned results are supported by the findings of pre-
vious research studies (see par. 4).
On the basis of the above-mentioned data the null hypothesis is
consequently rejected and the theoretical hypothesis accepted. This
means that there is a statistically significant relationship between lo-
cus of control and ethical behaviour among employees in the
financial sector in Bloemfontein.
7. Conclusions and recommendations
Although the above-mentioned results are supported by previous
research (see par. 4), this article provides a demonstration of the
way in which locus of control may influence ethical behaviour among
employees working in the financial sector. Based on the results and
discussion of results, it is clear that employees in the financial sector
with a prominent internal locus of control, have greater levels of
ethical behaviour. Employees in the financial sector with a high
score on autonomy also have greater levels of ethical behaviour. In
contrast, employees with a prominent external locus of control (and
low levels of autonomy), have lower levels of ethical behaviour
(meaning poor ethical behaviour).
The results of the study can be utilised in further development of
strategies and interventions to minimise unethical behaviour in the
financial sector, as well as in organisations in general. The following
can be done:
•
Implement programs that focus on the development of an internal
locus of control among employees. Employees must be taught to
take responsibility for their actions and must be rewarded should
such behaviour be exhibited. Research (Boshoff, 2001:43-48)
indicated that the following personality attributes are related to
internal locus of control:
−
being independent;
E. Boshoff & E.S. van Zyl
Koers 76(2) 2011:283-303
299
−
being controlled and self-disciplined;
−
being self-sufficient, prefers own decisions and being re-
sourceful;
−
being conscientious and persevering.
The development of the above-mentioned personality factors can
be focused on with regard to programs with the view to develop-
ment of an internal locus of control.
•
Ethics training courses must be presented within the organisa-
tional context. Focus must be placed specifically on the ethical
approaches available during decision-making. The advantages
and disadvantages of each approach must also be highlighted. It
is important that individuals are aware of their dominant decision-
making approach. The Work Convictions Questionnaire (Boshoff,
2009:278-281), which provides a measure of the philosophical
approaches regarding ethical decision-making, can be used for
this purpose. Further research regarding the relationship between
individual characteristics (such as locus of control) and an in-
dividual’s prominent ethical decision-making approach is also
needed.
•
Given the important role which religion plays in the establishment
of the individual’s value system and the regulation of behaviour, it
is also vital that religion be incorporated within ethics courses.
Religious institutions can play a pivotal role by allowing represen-
tatives to act as guest speakers. Here, emphasis must be placed
specifically on the establishment of certain universal values within
the organisational context (e.g. respect for all, incorruptibility,
integrity, fairness, honesty) which apply to all individuals in any
given circumstance.
•
In the light of the role that locus of control plays in an individual’s
level of ethical behaviour, it is also important that organisations
take these factors into account during the selection of employees.
8. Limitations and opportunities for future research
Future research can focus on the effect of biographical variables on
the relationship between locus of control and ethical behaviour. By
focusing on the effect of inter alia gender, age, managerial level and
home language on the relationship between locus of control and
ethical behaviour, more accurate recommendations can be made.
The relationship between locus of control & ethical behaviour … in the financial sector
300
Koers 76(2) 2011:283-303
To fully understand the complexity of the findings of the current
study it is suggested that a more representative sample be obtained.
Furthermore, it is also suggested that in order to get a more detailed
description of the relationship between locus of control and ethical
behaviour, as well as to improve understanding of this complex rela-
tionship, future studies can employ more than one variable together
with suitable statistical techniques to model this relationship (for
instance multiple-regression analyses and structural-equation mo-
delling).
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