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Transcript of Management Ethics
According to study conducted by BIGreaerch.
Most studies found a positive relationship
Franklin College United Way
Buying a parking place!
Employees "forced" to participate
Greening of Management...
Standard Management View
Greatest Good for the Greatest Number
Ignores the rights of some people
Respecting Indivdual Rights
Must impose rules impartially
Stages of moral development
principled level - individual tries to define moral principles apart from the authority of society
preconventional level -
choice is based on personal consequences
Locus of Control
Code of Ethics......
All employees help develop code
Consistently bust violators
Top Managers must set tone
Job goals s/b realistic
Reviews not just about profit
Violates Profit Max
Discourages Government Intervention
Empowers Corps too much
Managers may lack skill
Business Ethics &Social Responsibility
conventional level - moral values reside in living up to others’ expectations
May create entitlement attitude
Friedman's Classical View
Responsibility Beyond what the law requires
Obligation to meet its economic and legal responsibility
Capacity of the firm to adapt (Speed)
Social acvtivity helps produce profits? or...
Are profitable co's more able to tinker in social causes?
internals - believe that they control their own destinies
externals - believe that what happens to them is due to luck or chance