The Role of Ethicsin Organizations
The role that ethical principles play in business might be best appreciated when there are none—when there is a public credibility problem, for example, or when there is a huge scandal resulting in indictments. We do tend to assume that every company is on the straight and narrow and that the people we look up to are honest and morally courageous—that no matter what the situation, they will do the right thing, despite the personal cost. Unfortunately, this is not always a reasonable assumption to make. Our courts are filled with people who compromised whatever ethical principles they had for personal gain.
What an organization stands for is shaped by leadership— its current leadership, but also by past ...
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