Study on the Theory of Cognitive Moral Development and Moral Maturity in Finance Professionals

Study on the Theory of Cognitive Moral Development and Moral Maturity in Finance Professionals

Sooraj Naik,

MBA Department

PES University, Bengaluru

ABSTRACT

Using Lawrence Kohlberg's theory of cognitive moral development, the study examines the crucial aspect of moral maturity and cognitive moral growth of finance professionals in the sector. The research investigates how a person's decision-making process is influenced by their various stages of moral growth, from preconventional self-interest to postconventional ethical reasoning. The study sheds light on the requirements, contributing variables, and difficult moral conundrums that professionals frequently face. Building and sustaining confidence with customers, investors, and the general public requires moral maturity, which supports a secure financial system and a robust economy. Examination of the impact of a person's gender and age group's moral development The study provides insightful information that helps people grow morally and make moral decisions.

KEY WORDS: Moral maturity, Preconventional, Conventional, Postconventional