Morality and the prevention of corruption: action or intent – a new look at an old problem

Massimo N. Nardo and Ronald D. Francis

Journal of Financial Crime, 2012, vol. 19, issue 2, 128-139

Abstract: Purpose - The purpose of this paper is to address the established dilemma of action versus intent as explanations of the basis of ethical behaviour. In essence it aims to pose the question “If one had a choice between an executive who acted from cold calculated intent, and behaved ethically as it was profitable – compared to someone with excellent intent who consistently got it ethically wrong – who would you choose – the psychopathic ethicist or the well‐intentioned bumbler?”. The intended contribution of this paper is to add some further considerations to that debate. Design/methodology/approach - This paper notes the basic dilemma of moral choice, action or intent: it also adds to the debate by a consideration of several lesser points, including different meanings of “outcome” and the awareness that morals refer to an underpinning value choice. Its analytic path touches short‐term versus long‐term perspectives, commonsense, the theoretical debate, idealism and utilitarianism, equitability, morals and the law, morality and genes, unintended consequences and paradox of compliance. Findings - The paper acknowledges that moral values are values that may be derived from wider elements, and that moral choices are such that they should be expressed in principles that transcend special times, place, or special pleading. There is an expressed need for consistency of approach. Research limitations/implications - The debate, still alive and well, needs to extend to include contemporary issues. The present writers are inclined to the view that a raised awareness of the issue, and its application to real life situations, is critical. The discussed issues would certainly benefit from further speculation. Practical implications - Morals must operate in a real world, and that clearly implies desirable outcomes: good intent is recognised as powerful – but does not do as much to foster moral behaviour as does an orientation to outcome. It is such qualifications that need to be borne in mind when considering the complementary roles of moral decision making in any context, including that of business and of crime. It is hoped that directorial and managerial decisions will be invested with this understanding. Originality/value - The major contributions that this paper seeks to make is that the distinction between intent and consequences may be a false dichotomy; that the notion of outcome has more than one meaning; and that so often our intentions have paradoxical outcomes.

Keywords: Ethics; Professional ethics; Morality; Intent; Idealism; Utilitarianism (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:13590791211220403

DOI: 10.1108/13590791211220403

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