In the U.S., we consider this a bribe and an example of unethical behavior. However, in other countries and cultures, such payment is part of doing business. That’s where a code of ethics comes in. There can be no ambiguity about a policy that states: “We do not enter into side...
To cite a particular section in an ethics code, create a reference entry for the entire code and then cite the specific section in the text. Use the terminology of the code in your citation (e.g., standard, section). For example: ...
Let's look at an extreme example of this failure, one that questions the foundation of human worth itself. Not that many years ago, there was very little known about severe autism. Nevertheless, that did not stop various professions from doing harm by, among other things, telling parents the...
Often leaders try to impart their philosophy about business to employees in an annual address or a global email. This type of communication is good, but not frequent enough to offer consistent guidance. This is where a company code of ethics is useful. Employees can refer to this manual at ...
For example, some medications may have severe side effects for some, but the ethical guidelines may be compromised because of the possible benefits to the majority. Justice This ethical guideline values equality and suggests that the intention must be to benefit all of society, not just one ...
For example, most of our students point out that it is all well and good for Kant to write about the "categorical imperative," but they are reluctant to apply his logic to real-world dilemmas since this ethical framework results in impractical solutions they feel uncomfortable pursuing. You ...
In contrast to a conduct code, a primary purpose of a code of ethics is to maintain integrity in public interactions and protect the company's reputation. As an example, the CFA Institute includes the following line as part of its stated standards for investment professionals: "Place the integ...
As InfoWorld’s Ted Samson noted, it’s a great example of the power of social media and how dangerous it is to go after someone with a dedicated online following — especially those who don’t need to ask their parents for an advance on their allowance so that they can kick in. It...
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