Ethics and Law

HSM230

Principles or Standards of conduct

Trust, Honesty and Respect

Stable ethics go beyond personal ethics

Ethical reasoning

Organizational Ethics

Rational thinking and performance

Form an organization into a community

Lead to a better helpful environment

Increase public confidence

Ethics Inspire to….

Individual approach – individual responsibility

Communal approach – group responsibility

Anyone could face an ethical dilemma

Leaders, customers

Employees, regulators

Media

Approaches

Approaches toward Organizational Ethics

Ethics inorganizations

Individual approach

Communal Approach

Corporate social responsibility (CSR).

Relationship between different companies

Organizational ethics

Ethics

Respect and trust among employees

Employees give attention to organization

Values and ethics are not inherited.

Business ethicsMutual Understanding

Businesses are governed by laws.

Commercial law or business law.

Address problems more clearly.

Organizational lawsPolicies and Procedures

Rules or guidelines

Minimum standards delivered for organizations

Businesses actions measured through organizational law

Imposed by high level positions

Laws

Offer guidelines for management

No business gets special treatment

Rules and regulations towards: finances employees production

Benefits from laws

Organizational Laws and Ethics

Errors in one are provided by the other

In order to achieve ethical behavior laws are required

Legal compliance needs ethics

Laws - what we can do

Ethics - what we should do.

Businesses require bothLaws and Ethics

Ethics in Organizations (2008). Retrieved on ----------from: http://www.scu.edu/ethics/publications/iie/v2n1/homepage.html

The Relationship between Law and Ethics, and the Significance of the Federal Sentencing Guidelines for Organizations (2008). Retrieved on -----------from: http://www.ethicaledge.com/quest_2.html

References