RT Article T1 The developmental self-valuing theory: A practical approach for business ethics JF Journal of business ethics VO 9 IS 3 SP 215 OP 225 A1 Jensen, Larry C. A1 Wygant, Steven A. LA English PB Springer Science + Business Media B. V YR 1990 UL https://www.ixtheo.de/Record/1785600478 AB Ethics in business has been an increasingly controversial and important topic of discussion over the last decade. Debate continues about whether ethics should be a part of business, but also includes how business can implement ethical theory in day-to-day operations. Most discussions focus on either traditional moral philosophy, which offers little of practical value for the business community, or psychological theories of moral reasoning, which have been shown to be flawed and incomplete. The theory presented here is called the Developmental Self-Valuing Theory, and adapts the general psychological theory of Albert Bandura for ethics in business. In this theory, individuals first learn moral values from associations with others who are significant in their lives. Secondly, self-regulation is learned through a process of self-observation, self-judgment and self-reaction. Thirdly, the individual must believe that he can act ethically. Situational constraints and inducements, as well as positive and negative consequences for specific behaviors, will also affect the level of ethical performance. Each of these elements is examined and combined to achieve a practical method for increasing the level of ethics in corporate activity through selection, training and situational enhancement. K1 Practical Method K1 Practical Approach K1 Moral Reasoning K1 Business Ethic K1 Economic Growth DO 10.1007/BF00382647