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Ethics and Law HSM230
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Principles or Standards of conduct Trust, Honesty and Respect Stable ethics go beyond personal ethics Ethical reasoning Organizational Ethics
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Rational thinking and performance Form an organization into a community Lead to a better helpful environment Increase public confidence Ethics Inspire to….
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Individual approach – individual responsibility Communal approach – group responsibility Anyone could face an ethical dilemma Leaders, customers Employees, regulators Media Approaches
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Approaches toward Organizational Ethics Ethics in organizations Individual approach Individual approach Communal Approach Communal Approach
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Corporate social responsibility (CSR). Relationship between different companies Organizational ethics Ethics
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Respect and trust among employees Employees give attention to organization Values and ethics are not inherited. Business ethics Mutual Understanding
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Businesses are governed by laws. Commercial law or business law. Address problems more clearly. Organizational laws Policies and Procedures
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Rules or guidelines Minimum standards delivered for organizations Businesses actions measured through organizational law Imposed by high level positions Laws
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Offer guidelines for management No business gets special treatment Rules and regulations towards: finances employees production Benefits from laws
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Organizational Laws and Ethics
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Errors in one are provided by the other In order to achieve ethical behavior laws are required Legal compliance needs ethics Laws - what we can do Ethics - what we should do. Businesses require both Laws and Ethics
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Ethics in Organizations (2008). Retrieved on ----------from: http://www.scu.edu/ethics/publications/iie/v2n1/homepage.html The Relationship between Law and Ethics, and the Significance of the Federal Sentencing Guidelines for Organizations (2008). Retrieved on -----------from: http://www.ethicaledge.com/quest_2.html References
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