Ethical decisions and behavior of managers are those decisions and behavior that are both legal and morally acceptable to employees and other stakeholders. Though an ethical decision does not necessarily lead to an ethical behavior, ethical behavior is preceded by an ethical decision-making. The ethical decision-making is influenced by moral reasoning (Trevino, 1986), intentions and stakes of decision-makers (Ajzen and Fishbein, 1977). Moral intensity is a major factor in influencing the ethical awareness, ethical decision-making and behavior of the employees (Jones, 1991).…
