Business Ethics in Japan and Taiwan: Relativist and Utilitarian Perspectives.

Perceptions of risk associated with an international investment decision are affected by the decision maker's understanding of ethical issues within a country. This study provides insights into the foundation for ethical judgments by investigating whether and how Japanese and Taiwanese graduate business students differ in assessing the ethical content of business scenarios. Considering cultural characteristics of the two countries, differences in ethical judgments were expected. The results show that when basing ethical judgments on relativistic and utilitarian criteria, the Japanese tend to judge the scenarios as significantly more unethical than the Taiwanese. Theoretical and practical implications of the findings are presented. [ABSTRACT FROM AUTHOR]