An analysis of how business leaders should behave and how they can become updated on ethical ways to run their businesses.
Written in 2009; 1,271 words; 8 sources; APA; $ 43.95
Paper Summary:
This paper discusses the responsibility of corporate leaders to behave in an ethical manner in their business environment and business relationships. The paper provides some resources and ideas as to how business leaders should behave and how leaders can become educated and updated on ethical ways to conduct their day-to-day business activities.
From the Paper:
"In the journal Development Southern Africa the authors present examples of corporate irresponsibility (such as Freeport-McMoRan, a U.S. firm operating open pit copper and gold mines in Indonesia that has dumped tons of waste into mountains and rivers). But the authors also assert that corporate leaders should behave ethically - with "integrity and mindfulness" - and without corporate citizenship education this is not possible. The ways in which companies have, in the past, been coaxed (persuaded) to develop ethical leadership standards - and "counter the erosion in corporate ethics" - is through legislation and enforcement. "But this is not enough" (Prinsloo, et al, 2006), the article asserts. What is also needed is "education and training," and within that training should be a close examination of the "complex challenges and paradoxes business leaders face.""
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