Moral risk and ethical considerations related to the way organizational consultants provide their services

Zoltan Bogathy, Cristian Popescu

Abstract


This paper examines the professional human resources consultancy by putting two perspectives side by side: the agency theory, which reestablishes the importance of both incentives and self-interest in the organizational reality, and ethics - the discipline dealing with what is good and bad, moral duty, the principles of conduct governing an individual or group.
The results of the present experimental study indicated that the presence of private information, and personal incentives lead to consultants implementing projects that could prejudice the company. The self interest behavior of the agent is moderated by de contractualism ethic dimension which refers to deontological aspects, implicit obligations, contracts, duties, rules.


Keywords


human resources consultancy; ethics; moral duty

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