Academic Major, Gender, Personal Values, And Reactions To An Ethical Dilemma

Recent corporate scandals have increased public interest in the area of business ethics. This study examines the relationship of gender and choice of academic major to personal values and to ethical choices, and the relationship of personal values to ethical choices. Two hundred fifty three subjects read a case that presented a tax evasion dilemma. The subjects responded to a series of action statements related to the ethical dilemma and completed a personal values survey. The responses to the action statements were used to calculate a tax compliance score. Participants were also asked to make a choice as to whether the taxpayer should or should not report all of the taxable income. The results indicate that both the tax compliance score and the tax payment choice differed by gender and academic major. Furthermore, gender differences were found on five of the ten personal value constructs and academic major differences were found on four of the ten personal value constructs. With regard to the relationship of personal values to ethical choices, it was found that three of the personal value constructs were correlated with the compliance score and the tax payment decision.