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Management ethics are the application of moral standards to management behaviour.
Ethics is not concerned with legal obligations, but with what is morally right or wrong (and all the shades of grey in between).
Monday, 1 April 13
Common Ethical Issues
Fairness and honesty
Respect for people
Conflict of interest
Financial management
Monday, 1 April 13
Corporate Code of Conduct
One strategy to encourage ethical decisions is to employ a corporate code of conduct
A corporate code of conduct is a set of ethical standards for managers and employees to uphold
Monday, 1 April 13
Social Responsibility
Social responsibility is the obligations a business has over and above its legal responsibilities to the wellbeing of employees and customers, shareholders and the community as well as the environment.
Monday, 1 April 13
The Social Report
To cater for the increasing demand for companies obligations to social responsibility most large scale organisations publish a social report. This report outlines what the company is doing in regards to social issues.
Monday, 1 April 13
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