Ethical problems are inevitable at all levels of a business and a company needs to take ethics seriously by institutionalizing ethics in their organizations. Accordingly, an important segment of corporate America has begun relying on such tools as: statements of corporate values, codes of conduct, ethics workshops, hotlines, even corporate ethics offices and board level ethics committees. Fueled by recent corporate accounting scandals and heightened scrutiny from shareholders and federal regulators, more companies are ramping …
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showed last 75 words of 947 total
…work stress. Recognizing and committing to business ethics and investing in new technologies to reduce work related stress, business leaders can provide distinct advantage in attracting and retaining employees, dealing with diverse ethical behavior, strengthening customer relationships and providing positive returns for investors. As a corporation demonstrates these values their business will be recognize will gain respect from society. Pozak Law Firm LTD, 2005 Approaches to Ethical Decision Making http://www.poznaklaw.com/articles/bizethics.htm