Ethical fibre and psychological contract of social entrepreneurs

Sharma, Shilpi, Sahni, Sanjeev P. and Chahal, Anshul (2020) Ethical fibre and psychological contract of social entrepreneurs. Journal for International Business and Entrepreneurship Development, 12 (2). pp. 199-216. ISSN 15499324

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Abstract

Of the many facets of entrepreneurship under investigation, ethical fibre of entrepreneurs is hugely under-investigated (Florin et al., 2003; Zhang et al., 2003). It is evident that even today, well known organisations rely on gut feeling for assessing the ethical orientation of entrepreneurs. The difficulty in assessing ethical orientation is due to a lack of consensus amongst practitioners and researchers in objectifying ethical fibre in the context of entrepreneurship (Chell et al., 2016). It goes beyond the written, legal contracts. This paper argues that the subtle, relational and behavioural aspects of an employee's and employer's expectations from each other serve as an effective metric for a reliable assessment of the ethical orientation of entrepreneurs. Such implicit levels of unwritten expectations are referred to as psychological contract, which is of a much greater relevance in small and medium enterprises in today's millennial times. A breach of psychological contract would encourage an employee to break rules of the written employment contract and reduce their work efficiency (Guchait et al., 2015; Morrison and Robinson, 1997; Thomas et al., 2016).

Item Type: Article
Keywords: Ethics | Entrepreneurship | Social Entrepreneur | Psychological Contract | Ethical Fibre | Business Ethics | Social Responsibility | Corporate Social Responsibility
Subjects: Social Sciences and humanities > Psychology > General Psychology
JGU School/Centre: Jindal Institute of Behavioural Sciences
Jindal Global Business School
Depositing User: Amees Mohammad
Date Deposited: 30 Dec 2021 10:09
Last Modified: 18 Jan 2022 09:10
Official URL: https://doi.org/0.1504/JIBED.2020.106197
Additional Information: We will like to acknowledge the conceptual contributions by Mr Jeremy Wade for the topic of ethical fibre and Mr. Aayush Ahuja for conducting a literature review on the topic of psychological contract.
URI: https://pure.jgu.edu.in/id/eprint/476

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