Ethics and Technology in Business

Paper Summary:

This paper describes examples of how ethics and technology can play a role in influencing an organization's behavior. The paper uses specific examples for both cases. The example used to show that ethics can influence an organization is that of the Harvard Business School, which had to exercise ethical decision making in a particularly rigorous capacity regarding admissions. The example used to show how technology can influence an organization's behavior is that of the internet and telecommuting which can have both positive and negative influences.

From the Paper:

"The phrase "business ethics" is often cited as an oxymoron. However, the accountancy scandals at WorldCom and Enron have demonstrated that departments cannot exist in ethical isolation from other departments within any business organization. Rather the executive and accountancy departments must be informed of one another's doings, and the common employee cannot ignore the effect of corporate misdeeds upon his or her company survival's and thus his or her secure pension plan. The negative publicity garnered by the excesses of such CEOs as Martha Stewart, regarding a private scandal of insider trading, and the CEO of Tyco and his public accusations of embezzlement also highlight that businesses must have formal ethical codes in today's evolving organizational climate of increased media and even stockholder scrutiny."

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