In the last few years there has been a lot of fuzzy talk, scientific discou
rses and comments of business life about the values, ethics and social resp
onsibility of companies. Companies are expected to have also some other tas
ks besides that of gaining profit. A part of the tasks which management has
, except for thinking of the benefits of their own organization, are things
which work for the well-being of the whole society. Issues like this are,
among others, working for employment, taking care of the environment, and p
romoting consumer security.
While making decisions of their own action in the company, the management o
ften has to face ethical solutions. The benefit of the company may be diffe
rent from that of other business stakeholders. In this case, the manager ha
s to decide for which part he should act, for the company or for the stakeh
olders. The ethical problems in deciding may appear also inside the company
. In our study, we are very interested in the decision-making processes whi
ch are connected with the honesty of the manager and his/her being honest w
ith the stakeholders both inside and outside the company.
In our research, we have tried to create a framework which helps us to find
out in what kind of situations a manager faces the problem whether he/she
should tell the truth to the stakeholders or not. We have also studied the
means which the managers use in their potential dishonesty. Further, we hav
e tried to find out how the managers see themselves in situations where the
y cannot tell the truth or have to cover it.