De. Terpstra et al., THE INFLUENCE OF PERSONALITY AND DEMOGRAPHIC-VARIABLES ON ETHICAL DECISIONS RELATED TO INSIDER TRADING, The Journal of psychology, 127(4), 1993, pp. 375-389
We investigated the influence of the following variables on individual
s' ethical decisions related to insider trading: interpersonal competi
tiveness, locus of control, need for achievement, self-esteem, religio
us beliefs, frequency of attendance at religious services, social clas
s, parents' annual income, year in college, college major, college GPA
, exposure to an ethics course, age, and gender. Upper division busine
ss students (N = 201) were asked to read eight vignettes that depicted
ethical dilemmas involving insider trading and to indicate what they
would do in each case. The findings indicated that interpersonal compe
titiveness, locus of control, religious beliefs, age, and gender may b
e important influences on individuals' levels of ethicality.