Mentor: Dr. Michelle Darnell
Warrington College of Business Administration
"I got involved with research to enhance my undergraduate experience and because I found a passion for both ethics and finance through my coursework. In the financial industry, many ethical challenges are faced. I am a finance major and I know that I will encounter a time where my ethics will be challenged. However, with my unique perspective and passion for ethics, I will be able to make ethical decisions, even under pressure. This research will not only benefit me in my future career but it will also benefit future students studying finance and potentially recruiters or companies."
- Leadership and Management
- Duke Energy Academic Scholar
- Bright Futures Academic Scholar
- Citrus Hills Women's Club Academic Scholar
- University Scholars Program 2016
- CAP Mentors
- Business Ethics Ambassadors
- Heavener Leadership Challenge
- Florida Alternative Breaks
- Habitat for Humanity
Hobbies and Interests
- Friends and Family
Assessing Ethics in the Recruitment Process: The Need and Feasibility in the Financial Industry
Current research suggests the importance of personality-job fit and person-organization fit. This research is applied in the private sector, with a majority of large companies utilizing personality tests while hiring. According to Business Insider, 80% of Fortune 500 companies and 89% of Fortune 100 companies rely on the Myers-Briggs Type Indicator (MBTI). By using a personality test, employers are attempting to find a person who will fit with the company and its existing culture. What is overlooked by these assessments is the relationship between personality and the likelihood of ethical behavior by a person. While ethical behavior is arguably important for any job, some industries are experiencing a more pressing need to assess the ethical development of potential workers. Based on responses to scandals such as those involving Madoff Investments, and Enron, it is clear that an ethical assessment of those being hired into Finance related positions is necessary.
This project will recognize the sources of ethical issues in finance through a literature review and analyze the feasibility of an ethics assessment or an ethics education component during the hiring process for practitioners in Finance. Over the course of the year long project, we will (1) perform an in-depth literature review on: ethical challenges in finance, ethics assessments in general, correlations between personality and ethical development in general, and personality traits most common in persons working in Finance; (2) formulate a thesis on the general topic of the possibility of ethics assessments in financial organizations on the basis of our literature review; (3) analyze the selected literature to support our thesis; and, finally, (4) formalize our research as a paper for presentation at a national conference.
The goal of this project is not only to prove that ethics assessments are needed during the hiring process but to potentially create insight into a viable assessment.