Nepotism, favoritism and cronyism: A study of their effects on job stressand job satisfaction in the banking industry of north Cyprus
Volume 36 Issue 9 | e1797 | Published: October 2008 | DOI: https://doi.org/10.2224/sbp.2008.36.9.1237
Nepotism should not be considered as a habitual management practice. It is considered illegal and immoral because it impedes the right of someone to fairness and breach the ethics in public service. Making nepotism as a relative choice could bring negative social and economic impact. The Effects of Nepotism and Favoritism on Employee Behaviors and Human Resources Practices: A Research on Turkish Public Banks. Which the individual endeavors to gain from his or her overall work environment (from job itself, working group and work or- ganization.
Nepotism, cronyism and favoritism are unprofessional practices giving preferential treatment to relatives and friends in employment. For this study a survey was carried out with 576 respondents working in the banking industry in northern Cyprus. An analysis was then conducted to assess the impact of these practices on job stress, job satisfaction, and intention to quit behavior of employees, as well as word of mouth comments in their workplaces. Results of this study show that nepotism, favoritism and cronyism create job stress in the workplace and this increases dissatisfaction of the staff about their organizations. Nepotism has the greatest negative effect on job stress.
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Keywords
nepotism; favoritism; cronyism; banking industry; Cyprus