Corporate Ethics

Many pivotal managerial principles and practices are exemplified in the Case Study, Outrage at Eastern. In this particular story a manager, Charles Jackson, is faced with many difficult decisions regarding problems concerning one of his workers at Eastern Plating. One of Jackson’s workers named Marty Reid is accused of molestation of his stepdaughter. His allegations are made public in a recent writing in the “Evening Beacon”, the daily paper of the 10,000 town’s population. Reid also has his wife going against him as well, which automatically makes him guilty to the majority of the town. When Jackson reads the paper he immediately understands what he might be faced with in the next upcoming days of

Review “Just pucker and blow: An analysis of corporate whistleblowers” in Chapter 2. Please respond to the following:

Recent years, there is an increasing rate on sexual scandals of Chief Executive Officers from business and political area. As a result, these CEOs not only lost their jobs because of bad influence from sexual harassment, but experience a higher chance of ruining company’s reputation and firm future performance. Under this circumstance, an increasing number of companies decide to add code of moral into the area of corporate governance and declare that CEOs should resigned or be fired when they related to some scandals. However, other corporations choose to not fire the CEO and at the meantime to help them hide this news from the media and the public.

This paper examines a well-known business women Martha Stewart who started her business Martha Stewart Living Inc. in 1997 and since then had been well known business women and the face of her company she would do anything to keep the perception of the perfect business women. In 2001 she made a decision that would change the perception of her and her company. Martha was involved in a scandal of inside trading with a company known as ImClone in the stock market. Inside trading is not only illegal but it is unethical within the business world. We will be researching examining and discussing Martha Stewarts scandal her actions leading up to the case, the case itself and charges brought against her leading up to Martha Stewarts conviction and

If this plan is to work, then it better work quickly. If I release the scandal, should there be no speculation, just disregard and trust in its source; that should put an end to the whole affair. I’ll be content in my new position, and have no worries going forward.

Ethical standards in business are important for every leader to know and understand. The book Ethics 101: What Every Leader Needs to Know by: John C. Maxwell discusses ethics in the world today. When people make unethical choices, the reason they do because of three main pitfalls. People do what is most convenient to them, people tend to do what they must do to win, and people rationalize their choices with relativism. In this summary, Maxwell’s definition of business ethics will be framed, examples of ethical standards and guidelines, the meaning and contrast of ethical thinking and ethical behavior, and how to avoid these major pitfalls to live an ethical life. The

The case study that was analyzed is, “Unauthorized Disclosure: Hewlett-Packard’s secret Surveillance of Directors and Journalists,” by Anne T. Lawrence, Randal D. Harris, and Sally Baack. The ethical issues presented through the case deal with Hewlett-Packard Company (HP). HP is a major international company in the computer and technology market. The company describes itself as a “technology solutions provider to consumers, business and institutions globally.” Their credo is called “HP way”, which focuses on points such as trust and respect for individuals, high level of achievement and contribution, business conduct with uncompromising integrity, objectives through teamwork, and encouragement of flexibility and innovation (Newman). The problems faced by HP’s board of directors were a lack of accountability with HP’s credo. If the “HP way” was followed by them, these ethical issues would be avoided. It also promotes a bad example by the high-level of management of this globally powerful organization.

On October 2006, Jerry Ceppos, a writer for the Santa Clara University newspaper, wrote an article called, “The Ethics of Leaks.” Within this article, the author defines what leakage of company information means and discusses when it is appropriate and wrong to leak company secrets and information. Ceppos states, “A good leak is the disclosure of information that expands public understanding of an issue of public interest - without harming anyone” (Ceppos). However, Ceppos lacked an important perceptive and one major downside to Ceppos’ article is the author only viewed the situation with how the leaked information would benefit or affect the public. The author never explained in the article how severely a company is affected when their company’s

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer

The common denominator among these great and very capable CEOs is a woman. Just like President Bill Clinton’s much publicized, "I did not have sexual relations with that woman, Miss Lewinsky" (Steven Nelson, 2013) affair and the recent CIA Director David Petraeus’s resignation after his confession of an extramarital affair, these CEOs succumbed to that saying, “For every man’s victory or defeat, a woman is behind”. It can be argued that this is a “normal” behavior or a typical pitfall for ordinary men to fall in love with another woman. The huge difference is that the position

Traits associated to a psychopath include irresponsibility, manipulation, grandioseness, lack of empathy, asocial tendencies, inability to feel remorse, refusal to take responsibility for one's actions and superficial relations with others. Modern day corporations display every one of the previously listed characteristics. Is it right that an institution, whose power now rivals that of the State that once created it to seek the better welfare of its citizens, display the psychological traits of a dangerous personality disorder? Many say no: there is a rising discomfort with the corporation and its pervasion into every sphere of human life and it is this uneasiness that has prompted many academics to further study the corporation and its

Every organization also has a profession responsibility to conduct business honestly and ethically. Our readings reported, “Experts estimated that U.S. companies lose about $600 billion a year from unethical and criminal behavior” Kinicki and Kreitner (2009). The organization could avoid having ethical issues by meeting the

Since 1896, four generations of the Ochs-Sulzberger family have guided The New York Times through wars, recessions, strikes, and innumerable family crises. In 2003, though, Arthur Ochs Sulzberger Jr., the current proprietor, faced what seemed to be a publisher's ultimate test after a loosely supervised young reporter named Jayson Blair was found to have fabricated dozens of stories. The revelations sparked a newsroom rebellion that humiliated Sulzberger into firing Executive Editor Howell Raines. "My heart is breaking," Sulzberger admitted to his staff on the day he showed Raines the door.

Last week, Seth introduced himself to Laura and complimented her performance with the conglomerate. She had been working there for only a month. She was clueless about Seth’s loathsome proclivities. At approximately 4:56 P.M., as Laura was leaving the building, Seth began stalking her. As the two walked down the hall of the 11th floor, Laura felt her anxiety rise as her heart was beating rapidly. She paused for a moment. Turning to Seth, she sheepishly asked: “Can I help you with something Mr. Goodman?” He was unresponsive. Seth smiled and asked Laura if she ever engaged in intimacy at work. Doubting what she had heard, Laura wanted to ask Seth to repeat himself, but instead, she remained quiet.

1. The Sales Rep. A sales representative for a struggling computer supply firm has a chance to close a multimillion-dollar deal for an office system to be installed over a two-year period. The machines for the first delivery are in the company’s warehouse, but the remainder would have to be ordered from the manufacturer. Because the manufacturer is having difficulty meeting the heavy demand for the popular model, the sales representative is not sure that the subsequent deliveries can be made on time. Any delay in converting to the new system would be costly to the customer; however, the blame could be placed on the manufacturer. Should the sales representative close the deal without advising the customer