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WHY NOT ?
Three primary reasons were given for not reporting actual observed misconduct are:1. Employees did not feel the organization would respond 2. There was a perceived lack of anonymous and confidential means of reporting. 3. Fear of retaliation from management prevented workers from reporting the misconduct they had witnessed.
BUSINESS ETHICS
Business ethics (also known as corporate ethics) is a form of professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Levels Of Inquiry
INDIVIDUAL
Values by which self-interest and motives are balanced with concerns for Fairness and Common Goods. This is not ILLEGAL, but its certainly UNFAIR.
ORGANIZATIONAL
The group concerns that every company has (even though it may be unspoken) as it pursues its Economic Objective.
BUSINESS SYSTEM
The concern patterns of Social, Political and Economic forces that drive individuals and businesses.
Employ a free market model of capitalism in which scarce resources or factors of production are used to produce goods and services.
An integrated approach
-Decision making
An integrated approach references to the decision making process that integrates the three view points i.e. 1) morality 2) Economics (Profit) 3) Legality (Law)
In this regard, our definition of the moral manager is a person willing to engage in a fair and open dialogue with interested stakeholders or their representatives. Making choices based on the input and ideas of those who affected by the outcome of the decisions can help to produce better decisions.
-Michael G. Bowen and F. Clark Power
Normative judgments:
These are claims that state or imply that something is good or bad, right or wrong, better or worse, ought to be or ought not to be. These indicate the attitudes towards some object, person, circumstance or event. Normative judgments are prescriptive. M oral judgments are a special subset of normative judgment.
M oral judgments:
When decisions are judged to be morally right or wrong, or morally good or bad, the underlying standards on which the judgment is based are moral standards. It would be immoral by such standards to short weight a shipment of goods, for example, or to identify the contents of a package as containing all natural ingredients, when in fact, it does not.
Moral Norms:
These are standard of behavior that require, prohibit, or allow certain kinds of behavior. It might permit rounding of figures to the nearest hundred or thousand in standard accounting procedure.
Moral Principles:
These are much more general concepts used to evaluate both group and individual behavior. Moral principles might deal with the general notion of full disclosure to interested stakeholders.
Transparency is a moral principle fundamental to building trust among those involved in a business. - Alfred P. West, Jr.
Provide direction, guidance, counsel Moral standards are like other standards in other aspects
OVERRIDE SELF-INTEREST: Genuine moral standards transcend the interest of one or few people
BASED ON IMPARTIAL CONSIDERATIONS: Devised from universal standpoint More objective than subjective
Corporate prefer setting ethical climate to the org. rather than policies.
Corporate values
Many companies to explicit the values made it fashionable.