Ethics in the Corporate Field Analytical Essay

This paper examines business ethics by discussing the emphasis of ethical leadership in modern corporations, and the methods corporations use to deter internal fraud.
# 146083 | 2,350 words | 14 sources | APA | 2010 | US
Published on Dec 15, 2010 in Sociology (Theory) , Business (Management) , Philosophy (Ethics) , Ethics (General)


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Description:

In this article, the writer notes that as multinational corporations engage in global business transactions it is evident there is a need for business ethics. This paper examines business ethics by discussing its emphasis in modern corporations and defining the methods corporations use to deter internal fraud. The writer discusses that corporations are realizing ethical leadership, codes of ethics, as well as the Sarbanes-Oxley Act (SOX), and Corporate Social Responsibility (CSR) are all relevant in combating ethics violations. The writer concludes that no matter how demanding leadership becomes, business ethics is no different than personal ethics and leaders must always do the right thing because their choices always affect someone else.

Outline:
Ethics
Solving Corporate Fraud
Corporate Fraud
Ethical Leadership
The Importance of Ethics Training
Who is in Charge of Ethics Training?
Codes of Ethics
Sarbanes-Oxley Act
Corporate Social Responsibility
Conclusion

From the Paper:

"If in fact practicing business ethics was a natural human condition and the solution to internal corporate fraud; modern corporations would not need to place a high emphasis on business ethics. The fact is; some past corporations appeared to fail the importance of understanding the practice of business ethics; or they blatantly disregarded complying with ethics regulations. In some cases only a few individuals committed ethics violations yet their fellow employees and entire corporations were destroyed. According to Mallor we all make mistakes, unfortunately, corporate mistakes are on a much larger scale and affect many others. Today's corporations realize practicing good ethics is as important in our professional lives as our personal lives, and are placing a great emphasis on ethics training. It is unfortunate that corporate fraud created the need for ethics training to become a staple in today's human resource training, however; due to recent corporate scandals, corporations want their leaders understanding, practicing, and training business ethics. "

Sample of Sources Used:

  • Beauchamp, T.L. (2009). Ethical theory and business. (8th ed.) Pearson/Prentice Hall: Upper Saddle River, NJ.
  • Boxall, B., (2010, September 9). BP report faults human, other errors; The oil firm accepts a share of responsibility for the spill but also blames contractors. Los Angeles Times, p. A.12. Retrieved September 16, 2010, from Los Angeles Times. (Document ID: 2133617811).
  • Boykin, J. (2010). Sales representative. US Foodservice. Florence, SC, 29501
  • Donaldson, T. (2002). Ethical issues in business: a philosophical approach. Prentice Hall: Upper Saddle River, NJ.
  • Goshen, Bob (2010, September 9). Make ethics your workplace focus. Tulsa World, E.4. Retrieved September 15, 2010, from ProQuest Newsstand. (Document ID: 2134810471).

Cite this Analytical Essay:

APA Format

Ethics in the Corporate Field (2010, December 15) Retrieved July 12, 2020, from https://www.academon.com/analytical-essay/ethics-in-the-corporate-field-146083/

MLA Format

"Ethics in the Corporate Field" 15 December 2010. Web. 12 July. 2020. <https://www.academon.com/analytical-essay/ethics-in-the-corporate-field-146083/>

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