Ethical Leadership in Corporations Term Paper

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