Chapter Six

Creating an Ethical Organization

INTRODUCTION

Is it possible to create an ethical organization? Can we make a corporation realize its objective of catering to the interests of all its stakeholders and yet keep its activities unblemished? In the present context, it appears that it is a task laced with insurmountable problems. People seem to have lost faith in corporations and look suspiciously at their goals and deeds. They believe that the potential for organizations to behave unethically has no limits. In today’s business world unethical practices seem to be commonplace and almost taken for granted. People hear and read day after day that corporations suppress evidences of the ill effects of their products on consumer health, dump ...

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