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Formal Ethics, Content Ethics and Relational Ethics : Three Approaches to Constructing Ethical Sales Cultures and Identities in Retail Banking

Svane, Marita Susanna and Frandsen, Sanne LU (2024) In Journal of Business Ethics 189(2). p.269-286
Abstract

Following the global financial crisis, banks have become more regulated to advance ethical sales cultures throughout the sector. Based on case studies of three retail banks, we find that they construct the ‘appropriate advisor’ in different ways. Inspired by Bakhtin’s work on ethics, we propose a vocabulary of relational ethics centered on the ‘answerable self.’ We argue that this vocabulary is apt for studying and discussing how organizations advance ethical sales cultures in ways that instead of encouraging value congruence and alignment allow for ethical openness. In such cultures, employees—as moral agents—are morally questioning, critically self-reflexive, and answerable for their own actions toward others in their social... (More)

Following the global financial crisis, banks have become more regulated to advance ethical sales cultures throughout the sector. Based on case studies of three retail banks, we find that they construct the ‘appropriate advisor’ in different ways. Inspired by Bakhtin’s work on ethics, we propose a vocabulary of relational ethics centered on the ‘answerable self.’ We argue that this vocabulary is apt for studying and discussing how organizations advance ethical sales cultures in ways that instead of encouraging value congruence and alignment allow for ethical openness. In such cultures, employees—as moral agents—are morally questioning, critically self-reflexive, and answerable for their own actions toward others in their social relationships. Our paper makes three theoretical contributions, namely, problematizing the idea of cultural alignment and value congruence, demonstrating that identity regulation can both comprise and support the ‘answerable self,’ and advancing our understanding of the interdependence of ethical openness and ethical closure in fostering ethical sales cultures.

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Please use this url to cite or link to this publication:
author
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organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Alignment, Answerability, Bakhtin, Content ethic, Ethical closure, Ethical openness, Ethical sales culture, Formal ethic, Identity, Relational ethic
in
Journal of Business Ethics
volume
189
issue
2
pages
269 - 286
publisher
Springer
external identifiers
  • scopus:85148462748
ISSN
0167-4544
DOI
10.1007/s10551-023-05354-8
language
English
LU publication?
yes
id
c34b0a01-2625-481b-8f2a-23e323773c2c
date added to LUP
2023-03-07 14:25:52
date last changed
2024-01-09 15:47:36
@article{c34b0a01-2625-481b-8f2a-23e323773c2c,
  abstract     = {{<p>Following the global financial crisis, banks have become more regulated to advance ethical sales cultures throughout the sector. Based on case studies of three retail banks, we find that they construct the ‘appropriate advisor’ in different ways. Inspired by Bakhtin’s work on ethics, we propose a vocabulary of relational ethics centered on the ‘answerable self.’ We argue that this vocabulary is apt for studying and discussing how organizations advance ethical sales cultures in ways that instead of encouraging value congruence and alignment allow for ethical openness. In such cultures, employees—as moral agents—are morally questioning, critically self-reflexive, and answerable for their own actions toward others in their social relationships. Our paper makes three theoretical contributions, namely, problematizing the idea of cultural alignment and value congruence, demonstrating that identity regulation can both comprise and support the ‘answerable self,’ and advancing our understanding of the interdependence of ethical openness and ethical closure in fostering ethical sales cultures.</p>}},
  author       = {{Svane, Marita Susanna and Frandsen, Sanne}},
  issn         = {{0167-4544}},
  keywords     = {{Alignment; Answerability; Bakhtin; Content ethic; Ethical closure; Ethical openness; Ethical sales culture; Formal ethic; Identity; Relational ethic}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{269--286}},
  publisher    = {{Springer}},
  series       = {{Journal of Business Ethics}},
  title        = {{Formal Ethics, Content Ethics and Relational Ethics : Three Approaches to Constructing Ethical Sales Cultures and Identities in Retail Banking}},
  url          = {{http://dx.doi.org/10.1007/s10551-023-05354-8}},
  doi          = {{10.1007/s10551-023-05354-8}},
  volume       = {{189}},
  year         = {{2024}},
}