BU288 Lecture 16: 16 - Ethics
Document Summary
Employee theft and fraud: employee theft and fraud has been estimated at billion a year in the united. States alone (mazar, amir, & ariely, 2008: dishonesty often benefits the individual, but people also strive to maintain a positive social image and self-concept. Epipens are made for just , however, in the us they are sold for over . Whistleblowers: whistleblowers are people who disclose the illegitimate practices of organizational members to someone or some organization that may be able to take action to correct the wrong practices and potentially punish the wrongdoers. Ethical behaviours: common ethical issues faced by managers, honest communication, fair treatment, special consideration, fair competition, responsibility to organization, respect for the law, corporate social responsibility. Corporate social responsibility: tends to be a positive relationship between ethical/socially responsible behavior and financial results, organizations that take ethics seriously tend to be more successful.