Chapter $6$ Organizational Ethics

$1.$ Corporate Ethical Climates$--$ Corporate Culture $($Four Elements of Ethical Climates$)$

$$ Corporate culture: a blend of ideas, customs, traditional practices, company values, and shared meanings.

$$ Ethical climate: the unspoken understanding among employees of what is and is not acceptable behavior.

$$ Egoism $-$ self$-$centered approach, Benevolence concern for others approach, principle integrity approach.

$2.$ Business Ethics Across Organizational Functions

$$ Business operations can be highly specialized, leading to ethical challenges related to those functional areas. Professional ethical standards may conflict with the ethical standards within the organization. Examples accounting, financial, marketing, information technology, supply chain ethics.

$3.$ Making Ethics Work in Corporations$--$ Ethical Leadership, Ethics, Policies or Code,

$$ As a guidance to managers and employees to solve at the ethical dilemma

$$ in US policies tend to be instrumental providing rules and procedures

$$ in Japan policies tend to be combination of legal compliance and company values

$$ ethics programs must be widely distributed and associated with ethics training

$$ Ethics Training Programs: generally the most expensive and time consuming element of an ethics program. Found regularly in large business organizations. Small and medium businesses are more likely to offer training and alignment with regulatory guidelines.

$4.$ Ethics and Compliance Officers

$5.$ Ethics Reporting Mechanism and Ethics Training Programs

$6.$ Ethics in the Global Economy

$7.$ Foreign Corrupt Practices Act $($FCPA$)$