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ABSTRACT
This study examines the relationship between mindfulness and ethical behaviour and its consequent effects on firm performance. We adopt the psychological concept of mindfulness in the context of corporate ethics. We hypothesize that organizational mindfulness has a positive effect on organizational ethical behaviour but that the company’s code of ethics moderates this relationship. We further propose that organizational ethical behaviour affects firm performance with corporate reputation as a mediating construct. We tested the proposed framework using survey data from 653 managers of large firms in Vietnam. The estimated structural equation model provides strong and convincing support for our hypotheses with important theoretical and managerial implications.
Disclosure statement
No potential conflict of interest was reported by the authors.
Additional information
Notes on contributors
Nguyen Phong Nguyen
Nguyen Phong Nguyen is a lecturer at the School of Accounting, University of Economics Ho Chi Minh City, Vietnam. Nguyen received his D.B.A from Western Sydney University, Australia. His research focuses on the interfaces between marketing and other disciplines, business ethics, mindfulness, employees’ wellbeing and psychological climate in organizations. His publications have appeared in Public Management Review, Journal of Product and Brand Management, and Australasian Marketing Journal.
Huiying Wu
Huiying Wu is an Associate Professor at the School of Business, Western Sydney University, Australia. She received her PhD from Macquarie University, Australia. Her research focuses on corporate social responsibility, corporate governance, corporate finance, financial reporting, and auditing. She publishes in a range of journals including Journal of Business Ethics, Journal of Business Research, Business and Politics, Journal of International Auditing, Business Strategy and the Environment, International Journal of Accounting, and Advances in Accounting.
Felicitas Evangelista
Felicitas Evangelista is Associate Professor of Marketing and International Business at Western Sydney University, Australia. Her current research interests are in business ethics, export marketing, collaborative consumption and social enterprise. She has extensive experience in survey research and has published in scholarly journals including the Journal of Business Research, Multinational Business Review, Service Industries Journal, and International Journal of Entrepreneurial Behaviour and Research.
Thu Ngoc Quynh Nguyen
Thu Ngoc Quynh Nguyen is a lecturer at the University of Economics, Ho Chi Minh City, Vietnam. She is also a PhD student at the University of Victoria, Wellington, New Zealand. She received her Bachelor of Arts at the University of Economics, Ho Chi Minh City, Vietnam and her Master of Commerce (Honours) at Western Sydney University, Australia. Her current research interests are sustainability marketing, ethical leadership and business ethics.