Category: Ethics

Introduction Ethical decisions create and maintain trust while also demonstrating respect, responsibility, and a caring attitude. Ethical decision-making is essential in the workplaces to ensure the regulation of conflicts and uncertainty from competing values, including individual, organizational and societal values. Business organizations require decision-making models, which are tools that facilitate the ability to cultivate the…

To function in the business world setting with its challenges, a company needs well-developed ethics. Traditionally, ethical principles by which company’s decisions are guided are explained in a company’s ethics guide, which lists key principles of the company’s ethical standards. Typically, the content of the specified document is mostly the same in any organization, yet…

Ethics are socially acceptable principles and standards established to guide the undertakings, activities, and decision-making processes in business. Over the years, organizations have increasingly embraced and embedded moral ideals and values throughout their operations. These ethical codes articulate the expected conduct and behavioral parameters to be followed and adhered to by the members of a…

Ethical behavior at the workplace seems to be one of the top topics in the world agenda, considering the number of scandals occurring in the world-known enterprises. The trend of the ethical workplace spread is still in process: the developing countries are still getting acquainted with the new ethical standards while developing their ones. It…

Table of Contents Selected Article and Unethical Practices Recommended Changes Policy Change and Utilitarianism Conclusion References Business organizations are required to act ethically if they have to meet the demands of all stakeholders. Unfortunately, some companies will pursue specific malpractices in an attempt to maximize profits. This paper describes a newspaper paper that discusses an…

The article by Donaldson (1994) argues that since two theories, empirical, or descriptive, and normative, or prescriptive, are opposing in nature, they take completely opposite logic and, therefore, cannot be relevantly combined in a single integrative theory. However, Weaver and Trevino (1994) discuss three approaches to the combination of the two theories, including parallelism, symbiosis,…

Table of Contents Scandals on corporate governance practice Gatekeepers and the financial crisis Regulatory framework and the takeovers market Works Cited Scandals on corporate governance practice Corporate governance scandals usually have a great impact on the practice of leadership in corporations that are in the vicinity of the places where the scandals occur. This is…

Table of Contents Introduction Responsibility of Top Leadership History of Business Ethics Evolution of Social Responsibility Conclusion Reference Introduction Business ethics is considered the standard of morality, meaning either doing wrong or right in the business environment. Ethics refers to the code of conduct at the workplace or any business, and it is an essential…

Table of Contents Introduction Main text Government regulations Reasons for government regulations References Introduction Traditionally, the duty of company’s management is to improve the financial welfare of the shareholders of the company by maximum profits provided it is under the law. This is the canonical law and economics account (Elhauge: 2004) Companies are therefore liable…

Table of Contents Introduction The Role of Ethics and Social Responsibility Companies that Overstepped Ethical Boundaries Conclusion References Introduction Social responsibility and ethics are the integral components of organizational performance; they play a relevant part in developing a company’s strategic plan. The researchers define the mentioned plan as the scope of measures aimed at achieving…