Ethical Leadership in Corporations Term Paper

A discussion of ethical leadership in modern corporations.
# 146075 | 2,181 words | 14 sources | APA | 2010 | US
Published on Dec 15, 2010 in Business (Management) , Ethics (General)


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Description:

This paper examines business ethics by discussing the emphasis of ethical leadership in modern corporations, and the methods corporations use to deter internal fraud. The paper points out that 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. Then the paper explores the impact of corporate fraud and how training in ethical leadership will hopefully prove successful in preempting such scandals. Additionally, the paper addresses how corporations realize the value in partnering with other companies in compliance with regulations and actively practicing good personal and business ethics. Various legislative acts, such as the Sarbanes-Oxley Act, which assists in accounting practices, are described as fraud preventative measures. The paper concludes by stating that corporate leadership must take responsibility for ethical practices, since they guide by example with their followers possessing the same qualities and values.

Outline:
Ethics
Solving Corporate Fraud
Corporate Fraud
Ethical Leadership
The Importance of Ethics Training
Ethics Training's Responsibility
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 (2010) we all make mistakes, unfortunately, corporate mistakes are on a much larger scale and affect many others..."

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 Term Paper:

APA Format

Ethical Leadership in Corporations (2010, December 15) Retrieved September 27, 2022, from https://www.academon.com/term-paper/ethical-leadership-in-corporations-146075/

MLA Format

"Ethical Leadership in Corporations" 15 December 2010. Web. 27 September. 2022. <https://www.academon.com/term-paper/ethical-leadership-in-corporations-146075/>

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