Taking personal responsibility for economic and ethical performance of corporations - Business Ethics Articles - impact of corporate governance scandals on business ethics debate
Failure in business ethics is a real threat to the future of every corporation. business ethics as an issue is a hundred times more powerful than the internet or globalisation and can destroy your business in a week. To make matters worse, standards of business ethics are changing rapidly in response to random events which capture public imagination. In business ethics, what was good is becoming bad and what was considered bad is now good. Standards for business ethics that have worked for decades are looking old fashioned or immoral while other practices that raised questions are becoming totally acceptable.
So what is going to happen next in business ethics? How can corporations use business ethics to restore confidence and protect themselves against tomorrow's headlines? What will be the new "Gold Standard" for business ethics and corporate governance? How much further than legal minimum requirements for business ethics should corporations go to ensure sustainable success?
* When business ethics goes wrong who gets blamed?, * Impact of media allegations of dishonesty, fraud or corruption of senior executives or directors - and how to protect business ethics reputation , * Why goalposts for business ethics will go on changing, and how to get ready, * Urgent need for all business ethics to be whiter than white, with unquestionable corporate governance and risk management, * Ensuring business ethics compliance - board duties of care and responsibility in the future?, * Defining clear areas of business ethics responsibility of boards and directors, * Using business ethics to balancing interests of different constituencies and stakeholders, * Why we have to separate board scrutiny role from management power, * Ethical /...