An Empirical Investigation of Relationship between Ethical Ideology and Demographic Factors of Bank Managers

Ethics has always been a topic of interest for scholars and nowadays it is gaining considerable significance due to the deteriorating morality in the society that in effect impacts ethical behavior and business ethics. The main purpose of the research is to investigate the relationship between demographic factors (like age, gender, work experience, education) and ethical ideology. For measuring ethical ideology ethics position questionnaire (EPQ) was administered to a sample of 300 bank managers. It was found in research that idealism score varied among managers of different age groups but relativism score does not vary with age. It was also revealed that idealism and relativism score of male and female managers varies. It was also found that manager’s year of work experience affects their ethical ideology, as it was tested that their idealism and relativism score varied across different years of experience.